Today. This is the day, bill, people will look back on and remember. Disney seized a little bit in the earnings. As you can see there, disney shares down about 9 . Putting the cable bundle front and center after talking about espn. Not just disney. Other big media stocks falling today as netflix is hitting an alltime high. 21st century fox down 7. 5 . Time warner, not the cable piece, twx down 8. 7 . Comcast down 4. 7. And well debate whether its time for investors to get out of disney and into the unbundled media plays. Comcast is our parent company. Approving a new rule from dodd frank that requires Public Companies to essentially reveal the gap between the ceos pay and the rest of the companys employees, corporate americas not happy about it. But the director Heather Corzo says this rule doesnt go far enough. Shell be with us to explain her side of the story coming up in a bit here. Weve got great earnings on tap. Fitbits first report, cbs and fox which will be interesting against w
Andrew levin, whos professor of economics at Dartmouth College and former adviser to former fed chair ben bernanke victoria fernandez from crossmart Global Investments is in houston congratulations. Thank you. Peter costa from empire executions is sheer at pohere a9 with us. Rick santelli is at the cme. Were going to get reaction later from former Federal Reserve governor larry meyer with us and Richard Fisher well get color from them on the new nominee, the impact he will have on the Federal Reserve Going Forward. Steve, lets start with you. As we await the president , to come out of the oval office which could happen any moment here, hes considered the safe pick why . Well, i think because he doesnt want to have a huge change at all in policy. Doesnt he loves the way the markets have been behaving doesnt really want to upset that particular apple cart look, were not sure whos going to be appointed, bill, but i thought we might just talk about the bio of Jerome Powell, how about . The
They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth
And target will discuss their thanksgiving. And new wikileaks emails give insight into the Clintons Campaign relationship with still loi c Silicon Valley. Well show to you coming up. But we begin with the Earnings Reports. Bob pa welcome, everybody. Bob, well start with you. A lot of things going on, about 30 of the s p reporting. Tales of the tape, lets go through a couple companies. Oil and gas, baker hughes big sur rice. Narrower loss than expected. They see an uptick in drilling activity in the United States. That is a big story. North america activity will modestly increase. Wow, this quur similar are to what halliburton said. Baker hughes up 4 . How about Procter Gamble . 3 organic sales growth, an amazing number. They reaffirmed full year guidance. They have fewer brands but massive scale and reach. Take a look, that is a nice move up 4 their Earnings Report. And how about United Technologies . They raised the low end of their full year guidance that was a bit of a surprise. Aer
Mrs. Clinton is going to put these people out of business. We will tell you what sector he is talking about, coming up. And look out, m irylan anot epipen may appear next year, but people are worried its not what it should be. Lets start with apple. The Company Posted yearend declines for the Third Straight quarter. Were going to bring in colin gillis from bbc financial who has had a sell rating on it for a while. Colin, maybe well start with you. Did you see anything in the report, did you hear anything from tim cook that alters your view at all that the stock is still a little too high here . The issue i have with apple, and the market is also expressing by looking at their price to earnings multiple, which actually declined the tenure of tim cook while the Broader Market has gone up about 40 . Apple doesnt have that founder flame anymore. We reiterate their existing products. There are starting to become some question marks in the narratives like, will china return to growth . Will