And bob nardelli will be with us later on first we start with ned felix, a beat on both the top and bottom lines for both the United States and internationally. Theres a look at the symptom, it is up after hours, the company saying it will spend even more on content, up almost 2 the stock has dominated the media space, up more than 60 this year, crushing its competitors, and with numbers like this, do you keep betting on this stock . Pete. I dont know why you would stop the real answer is people have looked past the multiple forever, just like they always have with amazon, and they have looked at specific numbers i think that combination tells me that right now that is the space to be. Not to hide out, but when you look at what tier doing, theyre going to spend 7 billion next year people dont seem to have they have this dash burn in front of them for content that seems to be something that people, just like at amazon, they look past it, because they like the numbers, they like the user
Mario draghi hinted that largescale quantitative easing may be the way because of the risk of deflation. Bond yields are falling in italy and spain as a result. Former new york governor mario cuomo died yesterday of heart failure. He was 82 years old. He was elected governor three times and he had a memorable speech at the 1984 democratic and that this convention and many thought of him and higher office. Many believe the wagon train will not make it to the frontier unless some of the old, some of the young, some of the week are left behind by the side of the trail. From that, he was considered a likely president ial candidate twice but decided against running. Once he declined a plane took him to New Hampshire to take into the New Hampshire primary. Bad weather is slowing down the search for wreckage embodies in the air asia crash. Search crews in the java sea are using sonar and ping locators to find the blackbox and flight recorders and 30 bodies have been found so far. For the seco