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Latest star wars movie and all that merchandise tied to it. The Company Earned a buck 63 a share. Expectations were for 1. 45. Thats a 28 profit gain from last year. Revenue, up to 15 billion. Also better than expected, a 14 increase from a year ago. Despite the strong results, disney reported a drop in profit at its Cable Networks and that may have pressured shares in after hours trading. Julia boorstien spoke to bob iger. Disney results beating on the top and bottom line. Driven in large part by its movie studio and the success of star wars the force awaken, bringing the movie studio its first ever quarter with over a billion dollars in earnings. Bob iger saying it wasnt just star wars. That theyre seeing success across the board. We also had over 20 growth from parks and resorts and kuler products, but media was down because of the timing of college playoffs. We had four b ....
To the global success of its latest star wars movie and all that merchandise tied to it. The Company Earned a buck 63 a share. Expectations were for 1. 45. Thats a 28 profit gain from last year. Revenue, up to 15 billion. Also better than expected, a 14 increase from a year ago. Despite the strong results, disney reported a drop in profit at its Cable Networks and that may have pressured shares in after hours trading. Julia boorstien spoke to bob iger. Disney results beating on the top and bottom line. Driven in large part by its movie studio and the success of star wars the force awaken, bringing the movie studio its first ever quarter with over a billion dollars in earnings. Bob iger saying it wasnt just star wars. That theyre seeing success across the board. We also had over 20 growth from parks and resorts and kuler products, but media was down because of the timing of co ....
President obama is urging congress to take actions. Sdplp ive been pushing for years to elimi some of the injustices in our tax system. Im very pleased that the Treasury Department has taken new action to prevent more corporations for taking advantage of one of the most insidious tax loopholes out there and fleeing the country just to get out of paying their taxes. While congress has been slow to act, many see the treasure departments new rules as taking direct aim at pfizers p aim. That send them tumbling more than 14 while pfizer shares rows. It was the third set of rules as urged by the Treasury Department to curb inversion. Many say this time they will succeed in stopping the biggest inversion deal of all. Im leaning with the market which suggests the deal looks mostly done as in not going to happen. Reporter the deal was worth 160 billion when it was announced ....
President obama is urging congress to take actions. Sdplp ive been pushing for years to elimi some of the injustices in our tax system. Im very pleased that the Treasury Department has taken new action to prevent more corporations for taking advantage of one of the most insidious tax loopholes out there and fleeing the country just to get out of paying their taxes. While congress has been slow to act, many see the treasure departments new rules as taking direct aim at pfizers p aim. That send them tumbling more than 14 while pfizer shares rows. It was the third set of rules as urged by the Treasury Department to curb inversion. Many say this time they will succeed in stopping the biggest inversion deal of all. Im leaning with the market which suggests the deal looks mostly done as in not going to happen. Reporter the deal was worth 160 billion when it was announced ....
And uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know ....