190 plus countries where buyers are located. There is still no word on what the ticker will be or which exchange is getting the listing. The underwriters include swecre suisse, jpmorgan, deutsche bank, goldman sachs, Morgan Stanley and citigroup. As you heard at the top of the show, the Major Driving force behind the earnings for disney was the blockbuster hit frozen. Studio income quadrupled to 74 million. Bob iger says the company is increasing the presence of the characters at their theme park. Iger by the way will be appearing on squawk on the street later on this morning, 10 00 eastern time. Disney shares marching higher once again. Well speak with an analyst about those results and if disney is a good buy for your money in just a few moments. Are you a frozen family . Huge. Elsa, hans, kristoff. He likes the snowman. Olof. We should get a video of olof. We were at the pa, in february. It is amazing. If you ever went to epcot, the norway thing, they have all these characters there
Improved. Its the talk of the town. Even as Inflation Numbers go up, its counterintuitive. Is the stock market bracing for a curveball that it wasnt expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. We will take a closer look at that story coming up here momentarily. Also ahead, more problems over at the irs. Paying out 13 billion in tax credits to people who werent qualified to get that money. The problem so bad that one in four payments shouldnt have been made, and this has been going on for years. Why hasnt it been fixed . Larry cud lowe is coming in and weigh i weighing on thoughts. And the flap over flappy bird. So addictive that its young vietnamese create ore pulled the game because the pressure, he says, was running his life even though it made him a multimillionaire almost overnight. What was he thinki
Plus whats nations two biggest home financiers are doing now to make it easier for you to get a mortgage . First, though, lets check in with sue on the recordsetting day. It sure is. Its kind of a slow and steady march higher. The rally is moving on. As you mentioned, hitting 1900 for the first time ever. Here are the numbers you need to now. Dow jones industrial average up about 21 points. S p 500 is just below that 1900 mark, up about a tenth of a percent. Nasdaq composite is negative by almost a quarter of a , a look at the yield on the tenyear note. We will see that the yield last time i checked was. Theres the comparison. Well get you the yield in a couple minutes, 2. 614 . Thank goods in for the ticker. As you can see. Dominic chu is here with me. Kind of quiet lirks a slow and steady move. I just got done with a conversation, speaking with art cashin. He says its interesting to watch the action today, specifically in two parts of the market. One is the nasdaq composite. One is t
Well look at what is holding housing in a sort of stalled position, and the signals you need to watch. Despite all those fees and complaints about uncomfortable seats, travelers in the u. S. Have never been more satisfied with the airlines, have we all just become numb to flying . Lets look at that one. Hi, sue. Stocks taking a bit of a breather. Right now theres a look at some of the utilities. At the dow is down about 60 points, nasdaq down almost ten. At 2. 53 . Is a summer rally still in the cards . Or should investors still be worried and cautious . Joining us from kansas city, chief Investment Officer of creative planning. They have 10 billion in assets under management. Peter, welcome to the program. Nice to have you here. Its going to be here. If you didnt know it, cnbc. Com is listing its list of top financial advisers, so we have a bit of a surprise for you, because the real reason we invite you to come on today is because your firm has ranked cnbcs top feeonly Wealth Managem
Blockbuster retail sales in the uk, strongest in a decade. We begin with retail, moving the markets. Luxury outperforming again as tiffany and burberry top estimates. Target slashes its forecast. The good news, sales were not the disaster that some were expecting. Bulls hate it, bears hate it, a pullback in the market. Its a great market if you have a bit longer than half an hour to invest. Plus break out the shopping list. Google revealing it plans to spend billions overseas and the reason for optimism. Jims exclusive with sales force ceo. Why it is the canary in the coal mine. First up, tiffany did report better than expected numbers as profits jumped 50 on strong global sales. The companys raising its guidance for the year. Then theres lowes backing its outlook despite weaker than expected q1 earnings as Severe Weather did hurt the stores. We will talk about target, too. Lets get to tiffany. 97 cents crushes 78 cents. I love this quarter. This is about really all the globe with the