Companies not by what they are, but by what they can be. Consider the Walt Disney Company. Disney reported much better than expected earn ings. To quote bob eiger, i am thrilled to report that the performance was the single greatest quarter in the history of the Walt Disney Company and a start to fiscal 16. He said revenue is up. Net income up 32 . Adjusted earn ings up 28 to a buck 63 which is the highest quarterly per share ever. And the tenth consecutive of earn ings share growth. Our long term Strategic Focus in investment and brands and franchises are drawing value in the businesses. With this good news how much did the stock go up today. Three, four points . Wrong. In fact, it plunged. 4 today. [ booing ] it hit a new low of 86. Now in heck is that possible. How can a stock like clorox with meager growth sell 26 times earn ings while disney sells less than the average stock in the s p 500. How does hormel, the maker of spam, trade literally at twice the price to earn ings multipl
[ cheers and applause ] and that is that the government of our great country belongs to all of the people and not just a handful of wealthy Campaign Contributors and their superpacs. [ cheers and applause ] nine months ago we began our campaign here in New Hampshire. We had no campaign organization. We had no money. And we were taking on the most powerful Political Organization in the United States of america. And tonight with what appears to be a record breaking voter turnout. And i say huge we won. Because we harnessed the energy and the excitement that the Democratic Party will need to succeed in november. I want to begin by congratulating senator sanders on his victory tonight. And i want to thank each and every one of you. And i want to say, i still love New Hampshire and i always will. Do now we take this campaign to the entire country. We are going to fight for every we are going to fight for real it doesnt look like the weather dampened the turnout as a storm dropped 7 inches o
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Differen it doesnt look like the weather dampened the turnout as a storm dropped 7 inches of snow. Thats nothing New Hampshire cant handle. Another storm moving up the east coast made ape mess mess in maryland. Flooding the big consaern longcern along the coast. There was a terrible crash today in germany. Two commuter trains were put on the same track. Automatic braking systems failed. And they hit headon. At least 10 people were killed. Dozens injured. Some air lift to hospitals. Others taken buy boat. No word yet on how the trains were switched off to the same track. Tonight, a cbs news investigation into what is said to detect cancer. Even before a patient notices symptoms. Several companies are racing to develop this, but are some of them promising more than they can deliver. Jim axelrod and producer emily grande looked into this. Reporter at this Health Care Conference in Silicon Valley a few weeks ago, biotech pioneers, pitched latest and greatest in Personalized Health care. Th
And the tenth consecutive of earn ings share growth. Our long term Strategic Focus in investment and brands and franchises are drawing value in the businesses. With this good news how much did the stock go up today. Three, four points . Wrong. In fact, it plunged. It lost more than three bucks or 4 today. [ booing ] it hit a new low of 86. Now in heck is that possible. How can a stock like clorox with meager growth sell 26 times earn ings while disney sells less than the average stock in the s p 500. How does hormel, the maker of spam, trade literally at twice the price to earn ings multiple of this amazing company. The answer on wall street is simple. Much of disneys growth comes from espn. Though ieger tells us 95 of sports with 81 of those viewers watching espn which engages more than 200 million adults across its platforms. The fact the espn doesnt have as many people watching over cable as it used to. Thats all the analysts care about. Just listen to the questions in the Conferenc