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Soul cycle says its going blik with an unusual filing that cites its culture of yes and mission to aspire to inspire. All right. We had just had eurozone july cbi number. That came in at 0. 2 a year. That was bang in line with expectation. Steady compared to the prior month. Were not seeing a reaction in the eurozone right now. Inflation stable at 0. 2 . Far away from the ecbs target. As we saw in the german cpi print yesterday, the Energy Prices are still weighing on the price level. That is something that the ecb mentioned in the monthly report yesterday. So as long as energy doesnt bounce back were not going to see a sustained rise in Inflation Numbers for the euro zone. Deflation is something hay have to consider. There was an overlying concern that greece could cast a shadow. Not so much. It doesnt really. The euro holding on against the u. S. Dollar. Look at u. S. Futures. What can we expect on the last trading day of july in were in for a higher open. At this point, the dow up a
Again. Bob iger joins us in a few moments. Apple looks set to continue. But Merrill Lynch adding insult to injury. And tonight tesla and fitbit coming out. But first up disney reported better than expected earnings. But they were hurt by slowed growth at the International Theme parks but still up more than 20 so far this year. And well have an exclusive interview with bob iger in just a few moments from now. Jim, you were up very early reading through the quarter, reading transcripts, i assume. You said today is the bears day. Well, i think a lot of it is selfinflicted pi disney. They gave a prediction which was a high single digit projection for cable. Its about 42 of their business and they missed the projection. When you set a benchmark and you underperform, even if its not as important as other things, you have to take the pain. And theyre getting punished for that. But lets find out. I mean, he certainly knows more. And for joining us is bob iger, lets go to it. You gave us three
On the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Media giants future may hinge on corn cutting trends and stand alone media apps. Disneys talk of subscriber losses and the companys outlook dragging shares lower. The ceo saying the pay tv bundle is still relatively strong and isnt going away. Even as the handle scape changes, disney is well positioned. Look at what position. In material of how people watch television. It is still the dominant form of television. Espn is fortunate that it is a brand that we believe ports well to any new platform. Whether it is smaller bundle a
Reaction one that was focused on the changing ways people watch television. Time warner reported a strong quarter. And they werent concerned about cutting the cord. Still the market didnt buy it. Discovery also failed to impress when it missed both on earnings and revenue expectations. Investors were alarmed. Fears about cord cutting hit the sector hard with disney a dow come possibly faug more than 9 . Time warner off off the same almost. Discovery falling 10 . A Television Industry in flux. Mediaiants future may hinge on corn cutting trends and stand alone media apps. Disneys talk of subscriber losses and the companys outlook dragging shares lower. The ceo saying the pay tv bundle is still relatively strong and isnt going away. Even as the handle scape changes, disney is well positioned. Look at what position. In material of how people watch television. It is still the dominant form of television. Espn is fortunate that it is a brand that we believe ports well to any new platform. Wh