To the global success of its latest star wars movie and all that merchandise tied to it. The Company Earned a buck 63 a share. Expectations were for 1. 45. Thats a 28 profit gain from last year. Revenue, up to 15 billion. Also better than expected, a 14 increase from a year ago. Despite the strong results, disney reported a drop in profit at its Cable Networks and that may have pressured shares in after hours trading. Julia boorstien spoke to bob iger. Disney results beating on the top and bottom line. Driven in large part by its movie studio and the success of star wars the force awaken, bringing the movie studio its first ever quarter with over a billion dollars in earnings. Bob iger saying it wasnt just star wars. That theyre seeing success across the board. We also had over 20 growth from parks and resorts and kuler products, but media was down because of the timing of college playoffs. We had four businesses that had a good quarter. Good quarters. These are historic numbers for th
15month low. Australia cutting rates, auto sales on the way. Roadmap begins with tim cook. He joined jim on mad money last night covered everything from innovation to china to revenue to the companys value. Global data driving futures. Well tell you what to expect on wall street today. And shares of aig down in the premarket after earnings. Peter hancock will join us live. First up, tim cook defending app apples latest results and the stock mired in a slump. He was on with mad money last night. If you talk about macroheadwinds, difficult compares dominant. Yeah. Currency, no new iteration yet. If youre going to be opportunistic wouldnt you say let all the hedge funds blow it out and then well make a statement . Well, opportunistic to me means you buy it when you think the companys undervalued. We believe the companys undervalued. All right. I got to get your thoughts on what he said and whether it changed your view in any way, whether it should change other peoples views. I think if yo
The slowing inflation that came in worse than expected. He factory gate deflation extending to a record 44 months. I will take you through some of the big stocks we have been watching. Starting with vodafone. One. 7 . This is after the secondbiggest mobile phone Company Reported secondquarter Service Revenue better than expected. It was growth. Boost. Down from a a market that has been a difficult for vodafone. What the company has done is reshuffled its management. The minute to desk committed billions. It looks like it could be paying off. Moving on to national grid, another u. K. Plc. The operator of the uks electricity and national gas todayk started a process for the potential sale of a majority stake in its domestic gas is to be should business. We are seeing that move higher. Julius baer, the third biggest wealth manager, that stock down. Its growth margin narrowed. Restrained client activity. I said stocks in europe were shrugging off the china data. You can see copper down jus
Performance. Roche getting shot in the arm as they raise guidance on hopes of a strong drug pipeline. Good morning, everyone. It is thursday. Its ecb day and the stoxx europe 600 index is hugging the flat line after the uninspiring hand over from the u. S. And asia. A couple of stories to tell you about but lets tell you what the european markets are doing one by one. The dax up by just a little bit. The cac 40 is down by just a touch. Overall not a whole lot of movement. Now Strong Demand in europe and china boosted profits over at daimler. Also roche up by 1. 3 . Publicists complaining about the business saying its simply not good enough. Angelo american down by 3. 3 . Lets talk about ebay. It is on solid ground after its split from paypal. The stock surging about 9 in after hours. This is after topping wall street earnings projections and raising its outlook for the year. It on thes to grow without paypal. 2 million new active buyers on the site in the Third Quarter. Still their pro
Area here is a live look outside of the bay bridge we are pretty much by 10 00 having low 70s temperatures quickly rising throughout the day to day note 80s by noon under sunny conditions and by 4 00 high of 87 and a light in northwestern greece visibility no issues pretty much looking at Clear Conditions otherwise things are looking good and it should stay that way 65 a little more on mild morning for you 66 and antioch 63 in San Francisco for the fifth dish for novato and Half Moon Bay also mid60s and san jose that will warm up quickly by 9 00 we will see widespread 70s all across the bay area by much time it will be warming up very quickly we will see 70s and 80s and even some online is potentially by livermore and san jose area and then we will see more widespread low to mid 90s for the warmest location indicated by the red that a close concord livermore san jose and also for parts of the not that the heat is on today we are tracking a chance for some showers as well. Anny hong che