Page 3 - Call Presentation News Today

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 this amazing company. The answer on wall street is simple. Much of disneys growth comes from espn. Though ieger tells us 95 of americans with a bundle watch sports with 81 of those viewers watching espn which engages more than 200 million a...

I was 61. It was better to be a younglooking 61 than an oldlooking 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 ...

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 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. [ 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...

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 point...

Bank of america and wells fargo beat, jpmorgan falls short. Results from delta and intel. Both coming ahead of consensus. And the read on retail sales slightly below expect tatioexpet Doug Mcmillan giving a rosier assessment. Bank of america had good Third Quarter results. Wells fargo had a beat as well. Its loans helping to lift profits. And jpmorgan missing with its quarterly results. Jamie dimon spoke about his banks expenses on last nights Conference Call. I spoke my whole life on good expen...

System purchases that we might need to make. We purchased biomass and wind from various facilities in california and in the west. And at the time of this reporting we totaled between 2011 and 2012 a balance of Renewable Energy credits of 53,544 megawatt hours. We utilized for our own rps compliance 80,185 and that is drawn from that mix of Renewable Energy credits that we generated and owned and those that we purchased. This is certainly not asking you to speculate on this hypothesis. Yes. So do...

Be more on the water side than the energy side. I mean water and electricity are very different things, but as resource, there is probably many more people in the bay area who get benefit from the water then get benefit from electricity. So you could look at it that way. Sure, you could. With the bulk of the percentage or proportion on water versus energy. And just so im being clear in describing to you the method that we are using, while each asset is categorized as either a water, a power or a...

Its one system, many times one in the same asset is serving two purposes. Other times, assets are strictly dedicated to providing Water Service and districtly dedicated to providing Power Service, but those providing both components we split those costs between water and power ratepayers. 55 to power and 45 to water. That is an historic that is an historic method that has been applied to the hetch hetchy system for all upcountry facilities. We arrived at that method its referred to as the separa...

Cost to provide the Water Service separate from the Power Service or the Power Service separate from the Water Service and see how the costs would have broken out . When we performed that analysis some years ago, utilizing consultants, we arrived at a figure a split, went into negotiations with our wholesale water customers, who also had views on how these asset costs should be shared and arrived at the 55 45 split. This is a method the separable cost method is used by the federal Energy Regulat...