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Transcripts For BLOOMBERG Bloomberg Markets 20160810

Controversial depression airing ceoformer wells fargo stepping into the debate and joining us in a moment. About 30 minutes into the trading day, so lets head to the markets desk for julie hyman has the latest. Julie we have some major averages after they touched record highs, declining a little bit, the dow gaining just about six points, so this sideways movement we have seen in the markets does continue. Also, we did not have any economic reports to drive the trading. Lets get to some of the individual movers that we have been watching. Reversed, nowhave higher by 1. 5 . The companys result is somewhat mixed. Cable tv profit up i only 1 and some analysts and investors were concerned that was too small the game having to do with higher tv programming cost and subscriber losses. At the same time, the company paid a Million Dollars or a ,hird of the state in bam tech a streaming service performed by Major League Baseball. Studio entertainment was one of the areas of strength with the nu

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