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when the show started i claimed i was 61. it was better to be a young-looking 61 than an old-looking 50. yes. on still one more day when the market was all over the place the dow seeking a hundred points. nasdaq .35%. i want to talk about the old fashioned notion of judging 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. it lost ....
pam:the coast guard was called in around two this afternoon. a female victim had already been rescued by an unknown party. by the time crews arrived. pam:she was transported to a local hospital. meanwhile, the male victim was rescued by a coast guard helicopter crew about an hour later. pam:his condition is unknown at this time. we will continue to bring you updates as soon as they become available. pam:it is the news surfer have been waiting for. for weeks.the mavericks surf contest has been called for this friday. pam:it is considered one of the most coveted event in big wave surfing. kron 4 s j.r. stone is live in half moon bay tonight with more. jr? reporter: pam, as the saying goes surf s up. explanation point behind this see some of the boats. some that will be out from a distance to try to watch on friday this is what it looked like last month out that maverick spirit you see the waste that are out there then print they were very large. the waves ....
near mid-70s first and ramon. livermore looking for a high of 69 today. what about the rest of the bay area? there are a lot of low 70s. 68 in san mateo and upper 60s in downtown san francisco. low 70s for santa rosa and san rafael. we will all cool down a little bit compared to yesterday, but still very mild and comfortable for a lot of locations on this wednesday. tracking dry conditions for quite a few days. we will talk more about that and we will look at the weekend forecast at swell. the time now is 4:03 and we will look at traffic. looking at the commute into san francisco, it is wide open at the toll plaza. no major trouble spots. there is roadwork on the 24 w. connector two 580. it was blocked off, but the crews will be picking up cones shortly. if not, continue to 580 the crews will be picking up cones shortly. if not, continue to 582 harris st. and get off and then get back on. overall, a great ride across the upper deck. on 92, this is a good ride on the ....
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. it lost more than three bucks or 4% today. 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 ing ....
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 t ts amazing company. the answer on wall street is simple. much of disney s 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 doesn t have as many people watching over cable as it used to. that s all the analysts care about. just listen to the questions in the conference call ....