Thats where we want to start with media mayhem that took wall street by surprise today it began with what we are calling disneys tragic kingdom. Ceo bob iger saying something sent down the stock midday and sent the stock into a frenzy julia has the details. Well, melissa, it was xhe comments bob as well as comcast executives first, disney shares took a hit. I think you have to look at the year as being roughly in line with eps basis, what we delivered in fiscal 16. Now, last year, disneys earnings were 5. 72 per share. 16 cents lower than consensus for this year according to tomp reuters. He attributed this years shortfall to a number of reasons including growth in nba rights cost lack of a big Star Wars Film as well as cost relating to buying more bam tech he also noted impact from Hurricane Irma there have been cancellations in orlando and the cancellation of three cruise sz and shortening of some other cruises. Then comments from a comcast executive sent shares of cnbcs Parent Compa
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