Now, is that right . David over the past 15 years, one of the most successful ceos in the world has been bob iger. He led disney to its greatest heights, increasing the market value by 400 . He did that through acquisitions of 21st century fox, lucasfilm, pixar, and Marvel Entertainment. What is he going to do next . During the time that you were the ceo, the stock market value of the company went up about 450 and the market my big regret is that i didnt back you and buy stock, but you must be very pleased with what you accomplished. Proud would probably be the right word to use. I inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. There was a lot of work to do. To not only improve the company, but to ultimately leave the company in great hands for my successor. David you werent as successful in leaving the company. You wanted to leave a few years earlier and the board said you had to stay longer. Why were you so good
Now, is that right . David over the past 15 years, one of the most successful ceos in the world has been bob iger. He led disney to its greatest heights, increasing the market value by 400 . He did that through acquisitions of 21st century fox, lucasfilm, pixar, and Marvel Entertainment. Now the question what is he going to do next . During the time that you were the ceo, the stock market value of the company went up about 450 and the market capitalization about 400 during time year period of my big regret is that i didnt back you and buy stock, but you must be very pleased with what you accomplished. Bob proud would probably be the right word to use. I inherited a company that was renowned and had been quite successful, but had also gone through a period of difficulty. There was a lot of work to do. My goal was to not only improve the company, but to ultimately leave the company in great hands for my successor. David you werent as successful in leaving the company, because you wanted
We are going mostly down. Trump has used his executive powers to ban investments in companies that are associated to the Chinese Military. Lets look at some other asset classes. Dollar index unchanged. The euro, which has been under the caution with the dollar. Crude, just dropping below 40 bucks a barrel. We have the surprise stockpile gain in the u. S. Gold price moving up as well. Goldman sachs saying they are bullish on not just gold but also copper. Lets move to what is happening first word news was. We get over to new york and joined karina mitchell. Karina the chances of a new stimulus package in the u. S. Are receiving with the white house saying sources tell us gop leaders will not lead any of the talks. Mitch mcconnell has been more distant from a democrat proposals, reducing the chances of a new deal. The Federal Reserve is again warning fiscal stimulus is required to support the u. S. Economy as potential vaccines may not end the economic fallout from the coronavirus. Chair
Exchanges. Regulators criticize the lack of access. Goldman sachs is set to be preparing a second round of job cuts in three months as a moratorium on firing amid covid19 comes to an end. Howi lets take a look at we are setting up in the first couple minutes of sydni trading. We have had a pretty cautious trading session this week ever since we had a Technical Glitch that essentially put the asx out of action for monday. We are seeing a little bit of a flight back to the opening session as we get more clarity in terms of the ongoing trade tensions between camera and beijing. Still on the back foot trading at the moment. We are seeing outside of half a percent trading in new zealand stocks. Shery we continue to see pressure in the futures markets. U. S. Futures down. 1 after stocks pulled back from record highs. We are seeing nikkei futures down 0. 4 , coming down from the highest level since 1991. The japanese yen unchanged, although one of the biggest gainers. Virus concerns. And wti
Good Tuesday Morning welcome to squawk alley. Im Carl Quintanilla with jon fortt and we had losses at the open but were close to session lows. Dow is down. 3 . S p 500 below 3400 the name of the game, jon, q3 earnings really no stimulus headlines to speak of were watching covid19 levels mega cap, m a in the chip space. You know what im talking about. Absolutely. We telegraphed it here it s were going to begin with amd and that 35 billion planned acquisition of xilinx. Its the boldest bet in a remarkable run by amds chief executive officer dr. Lisa su taking over almost exactly six years ago in october 2014. Sue has taken shares of amd from 3 to, what, 79 as of this morning. More than 2,000 rise. Todays deal is another challenge to intel its a push for market share in data centers and just the latest move by sue to turn amd from an also ran into a leader. Hopefully you have got to know me a little bit im all about focus and execution. You know, what we set out the plans for amd over the