Home prices rising and auto sales near record levels but now there are new concerns about how long it may all last. And today worries about a Global Supply glut of oil crept back into the Energy Market sending domestic crude tumbling. First, housing. The good news, well, new home sales rebounded in february. The Commerce Department reported a 2 rise last month and januarys sales face was revised higher. Now for the bad. Most of that gain was concentrated in just one region. Sales in the west surged more than 38 but plunged 24 in the northeast. Nearly 18 in the midwest. And 4 in the south. And this skewed data may signal an unevenness in the Real Estate Market heading into the key spring selling season. Diana joins us with more on that. This is a big month for home sales. What does the data say about the state of the Housing Market . Reporter well, it says its coming back very slowly, sue, but in fits and starts as you said. You point to the west, we have to remember this is february so
Topping our news, the dow and the s p 500 hitting new highs again on wall street. Well have more on that in just a moment. But after the closing bell, a dow component out with its latest results, disney reported a solid quarter. It earned 89 cents a share right in line with analysts estimates, and revenues came in slightly better than expected. Disney shares fell a bit but after hours rose a percentage point. Disney earnings coming right in line with expectations on better than expected revenue given by better thanet projecte results by the parks and resorts. One hot topic, cbs announcing director streaming services for core cutters would give them more in the works. They are confident in the value of the cable tv bundle. Will there be experimentation . Yes, i think ithi is possible. Were taking a cautious approach here because we believe the prudent thing to do is to do what we can to maintain the value of what is obviously a valuecreator for this company and for a lot of other compan
Topping our news, the dow and the s p 500 hitting new highs again on wall street. Well have more on that in just a moment. But after the closing bell, a dow component out with its latest results, disney reported a solid quarter. It earned 89 cents a share right in line with analysts estimates, and revenues came in slightly better than expected. Disney shares fell a bit but after hours rose a percentage point. Disney earnings coming right in line with expectations on better than expected revenue given by better than projected results by the parks and resorts. One hot topic, cbs announcing director streaming services for core cutters would give them more in the works. They are confident in the value of the cable tv bundle. Will there be experimentation . Yes, i think it is possible. Were taking a cautious approach here because we believe the prudent thing to do is to do what we can to maintain the value of what is obviously a valuecreator for this company and for a lot of other companies
Topping our news, the dow and the s p 500 hitting new highs again on wall street. Well have more on that in just a moment. But after the closing bell, a dow component out with its latest results, disney reported a solid quarter. It earned 89 cents a share right in line with analysts estimates, and revenues came in slightly better than expected. Disney shares fell a bit but after hours rose a percentage point. Disney earnings coming right in line with expectations on better than expected revenue given by better than projected results by the parks and resorts. One hot topic, cbs announcing director streaming services for core cutters would give them more in the works. They are confident in the value of the cable tv bundle. Will there be experimentation . Yes, i think it is possible. Were taking a cautious approach here because we believe the prudent thing to do is to do what we can to maintain the value of what is obviously a valuecreator for this company and for a lot of other companies
The s p 500 hitting new highs again on wall street. Well have more on that in just a moment. But after the closing bell, a dow component out with its latest results, disney reported a solid quarter. It earned 89 cents a share right in line with analysts estimates, and revenues came in slightly better than expected. Disney shares fell a bit but after hours rose a percentage point. Disney earnings coming right in line with expectations on better than expected revenue given by better than projected results by the parks and resorts. One hot topic, cbs announcing director streaming services for core cutters would give them more in the works. They are confident in the value of the cable tv bundle. Will there be experimentation . Yes, i think it is possible. Were taking a cautious approach here because we believe the prudent thing to do is to do what we can to maintain the value of what is obviously a valuecreator for this company and for a lot of other companies in the media space. Iger note