Failed to see january shadows. For the second day running, a major springlike move higher than the Dow Jones Industrial average. Meanwhile and contributing to stocks gains, oil prices extended their rally, up about 7 . More on that in a moment. But first, disney. The house of the mouse which has seen its shares soar more than 30 over the past year out with earnings late today and they were anything but mini. Company earned 1. 27 a share, 20 cents better than wall street expected. Revenue of 9 to more than 13 billion and as a result shares popped. After hours, and that was on top of a more than 2 gain in the regular session. Julia boorstin spoke with ceo bob iger and has one big takeaway on disneys results. Reporter the key takeaway from disneys earnings is that igers strategy is working. All the companys divisions showing growth. Great great quarter for the company across the board. Clearly, i think it is a great testament to focus on franchises and our great brands. Parks and resorts,
Failed to see january shadows. For the second day running, a major springlike move higher than the Dow Jones Industrial average. Meanwhile and contributing to stocks gains, oil prices extended their rally, up about 7 . More on that in a moment. But first, disney. The house of the mouse which has seen its shares soar more than 30 over the past year out with earnings late today and they were anything but mini. Company earned 1. 27 a share, 20 cents better than wall street expected. Revenue of 9 to more than 13 billion and as a result shares popped. After hours, and that was on top of a more than 2 gain in the regular session. Julia boorstin spoke with ceo bob iger and has one big takeaway on disneys results. Reporter the key takeaway from disneys earnings is that igers strategy is working. All the companys divisions showing growth. Great great quarter for the company across the board. Clearly, i think it is a great testament to focus on franchises and our great brands. Parks and resorts,
The strength of the consumer. That and more for nightly Business Report for tuesday november 12th. Good evening everyone. Im sue herrera in for system susie gharib. Im Tyler Mathisen. Welcome. The worlds Biggest Airline is about to take off they settled anti trust charges planning a merger for American Airlines and u. S. Airways but not before resting concessions aimed as protecting the consumer and making sure the new airline wont be too big. Shares of u. S. Airways ended about 1 higher shares of American Airlines that began trading on exchange after bankruptcy shot up 26 . Lets take a look at what the changes may be in store at the combined airlines and what it means for travelers and investors. Reporter with more than 6700 flight as day, the new American Airlines will be the Worlds Largest but both partners must pay a price. To get the 16 Million Dollar deal done and settle anti trust charges brought by the justice department, american and u. S. Airways will give up, take off and la
The strength of the consumer. That and more for nightly Business Report for tuesday, november 12th. Good evening everyone. Im sue herrera in for system susie gharib. Im tyler mathisen. Welcome. The worlds Biggest Airline is about to take off, they settled anti trust charges planning a merger for American Airlines and u. S. Airways but not before resting concessions aimed as protecting the consumer and making sure the new airline wont be too big. Shares of u. S. Airways ended about 1 higher, shares of American Airlines that began trading on exchange after bankruptcy shot up 26 . Lets take a look at what the changes may be in store at the combined airlines and what it means for travelers and investors. Reporter with more than 6700 flight as day, the new American Airlines will be the Worlds Largest but both partners must pay a price. To get the 16 Million Dollar deal done and settle anti trust charges brought by the justice department, american and u. S. Airways will give up, take off and
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