Page 9 - Bob Iger News Today

Lineup of guests coming. Federal reserve vice chairman will join us exclusively in a few minutes for his first interview since last weeks fed meeting. Well also pespeak with the ceoo human there is a and a massive afternoon of earnings headlined by disney, ea, beyond meat and activision and well peek with actvisions ceo ahead of his Earnings Calls after the numbers come out as i said, were at 1. 9 with 59 minutes left lets moex fowlkes on the big stories. Meg has new developments on the treatmen...

Theaters and live sports shut down. At eng me, analyst marketer. The big headline is that disney is planning to reopen shanghai disneyland on may 11. That is certainly a big symbolic step. What is your headline take away from these results . Disney is willing to open up these parks early in order to preserve revenue. Shanghai disneyland is a relatively small part of their overall parks business. The park in the u. S. The parks in the u. S. Are likely to remain closed or seeing significantly dimi...

Market. Lets kick it off with blake. Reporter hi, there, melissa and connell this is the first time in a month, you have to go all the way back to march when the president left the white house for an official president ial event. He has been on the ground in phoenix, arizona. He has been there 45 minutes or so. He visiting a honeywell plant that pivoted to produce n95 masks. Were talking about arizona as well that state could potentially be up for grabs in the election in november. Here is the p...

Julia . Thats right. Disney cfo christine mckarther announced disney will be sustaining the dividend which will preserve 1. 6 billion in cash and this comes as the Company Announces that covid19 cost disney 1. 4 billion to its bottom line in the quarter and that includes a hit to advertising, movie delays and think, most of all, the closure of disneys parks. The disney parks alone had an operating income loss of 1 billion in the quarter due to covid driving a 58 drop in operating income now here...

Marketsal rallied hard this week. After the fed came out with a stimulus plan to back up the government. The dow and nasdaq were up more than 10 for the week while the s p saw its best week since 1974. But are these bailouts enough to get the economy back up and running, and could a rocky earnings season spook investors . Joining me now to discuss this and more from santa fe, Thornburg Investment president and ceo jason brady. Jason, good to see you. Thanks for joining us. Its a real pleasure. T...

Ben, i want to start with you. We got a glimmer of hope as we see maybe social distancing is actual working, the growth of coronavirus cases is slowing. We also, of course, had unprecedented moved by the moves by the federal reserve. So tell us what you see in the market. Its got everything that it could have wanted this week. It got the good news, the illness appears to be slowing and then the fed coming in with this massive package where its going to buy highyield bonds and muni bonds to make ...

Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the...

And full analysis. The stocks going into it are higher. Futures pointing to gain at the start of tradingment broader looks good. Look at futures. 280 points right out of the gate. S p 500 up 29, better than 1 and nasdaq higher by 115 points, one and a third percent. This after the dow, s p 500 much of the needed money. Lindsey graham right here. Former Vice President joe biden picking up major endorsement from former rival senator Bernie Sanders. Mornings with maria live right now. Maria Global ...

Ben leveson and jack howe. Ben, i want to start with you. We got a glimmer of hope as we see maybe social distancing is actual working, the growth of coronavirus cases is slowing. We also, of course, had unprecedented moved by the moves by the federal reserve. So tell us what you see in the market. Its got everything that it could have wanted this week. It got the good news, the illness appears to be slowing and then the fed coming in with this massive package where its going to buy highyield bo...

We will see you soon. Thanks, maria. Maria mark cuban joining us. That does it for us. Varney company is in session. Ashley webster is at the wheel. Ashley, take it away. Ashley thank you very much, good morning. Good morning, everyone. The phrase of the day seems to be light at the end of the tunnel and guess what, the market likes it. We are looking at another big rally at the open today, following that 1600 point surge to begin the week yesterday. Optimism that the coronavirus pandemic is sta...