At the beverage company. A 19year cocacola veteran. Most recently president of the companys european arm. Shares are basically flat today. Year to date they are down a bit by about 2 . Sara eisen is with us live this hour from the new York Stock Exchange. Sara, this isnt only a story about coke today. A big controversy erupting over the Health Impact of the soft drinks. Yes. Scientists at the center of this weeks coke controversy is speaking out. Dr. Jaimes hill at the universiy of colorado says the recent media reports on his work vastly oversimplify a complex issue, he says, of fighting obesity. Coke has faced a firestorm of criticism this week after the New York Times reported monday that coke is secretly funding dr. Hills work which says that obesity is mainly caused by lack of exercise, not diet, not calories like those in sugary drinks. Well, thats not entirely true, says dr. Hill. He says diet is a critical component of weight control as are exercise, stress management, sleep an
Getting too expensive. Well, weve got a money manager who thinks theres still room to run. Hell make his case, coming up. And disney still one of the big dow winners this year so far. We will be live at the companys socalled d23 expo to look at how the force behind the Star Wars Franchise could affect that stock. Jane wells, who else but jane wells, is on site for us. Our own princess lea. And its the company the New York Post said provided something close to legal Insider Trading. The ceo of media radar, and you may remember his name, will tell us how his ad tracking software is now helping hedge funds. Im very excited to talk to him. I may have interviewed him back in the day. Would that we had the footage. Its a story, those of you who have been watching the market for a number of years will remember it. Its a great story. First, lets start with Jackie Deangelis at the nymex with these gasoline prices spiking in parse of the midwest despite this slide in crude oil. Weve been talking
In the u. S. At the same time, though, this overseas weakness dessimates the International Worries and its a world turned ugly where we dont know a winner from a loser unless it reports outstanding or terrible earnings. A good number can inch your companys stock higher. A bad one and its katie bar the door. So where will the door be barred next week Going Forward . First up on monday, we hear from estee lauder, which, with its Makeup Products has become the worldwide package good company. Amazing. I know its difficult to fathom owning stock that has 30 times earnings but when you repeatedly post surprises, portfolio seeking growth buy your stock at any price. Of course, we saw what happens if you miss in cosmetics. However, estee lauder is much Higher Quality and i think it can, once again, trump the estimates even as it has moved up in tandem with its own excellent earnings performance. I wish i could say the same thing for this guy, for the retailer that reports after the bell monday
The officer discharged their firearms. Reporter police are not saying how many shots were fired or how many officers were involved but no officers were injured. They say the suspects gun has been recovered here at the scene. He was taken to the hospital where he did die. Oakland police wear body cameras, so theyre going to be reviewing the footage, as well as Surveillance Video from nearby buildings. Officer watson says this is the third officerinvolved shooting so far this year. She says the homicide, internal affairs and the District Attorneys Office are all investigating. Well have more details of the Police Department plans to hold a News Conference later this evening so well have more tonight on abc7 news. Live in west oakland, carolyn tyler, abc7 news. Thank you. An arrest has been made for two thefts of bay area news crews. The robberies happened as the reporters were following up on the death of kate steinle last month. Cornell bernard is live with the developments. Cornell . R
Question about why lethal force is the only option. Reporter a 24yearold Armed Robbery suspect was shot and killed by Oakland Police after a car chase from 69th avenue and international boulevard to this intersection at 27th street. Police say the driver crashed into a car and ran, carrying this loaded handgun. Then, tried to car jack another vehicle. Police say the officers opened fire. The suspect was armed when the officers discharged the firearm. Reporter police say the police were wearing body cameras and protestors say they will march again, friday night. The mayor told us she respects the right to protest but vandalism wont be tolerated. Were absolutely committed to ensuring there is not the type of destruction that happened in the past in oakland. Reporter brian amble hopes it wont leave damage behind. I hope it doesnt result in damage. A killing in sunnyvale this afternoon as the citys first homicide of the year. It happened this afternoon at plaza delre yes. Mobile home park.