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Thats where we want to start with media mayhem that took wall street by surprise today it began with what we are calling disneys tragic kingdom. Ceo bob iger saying something sent down the stock midday and sent the stock into a frenzy julia has the details. Well, melissa, it was xhe comments bob as well as comcast executives first, disney shares took a hit. I think you have to look at the year as being roughly in line with eps basis, what we delivered in fiscal 16. Now, last year, disneys earnings were 5. 72 per share. 16 cents lower than consensus for this year according to tomp reuters. He a...

Late arrival. Yes, i did. Well, lets get you up to speed among the markets this morning. Futures right now, very strong yesterday, not as strong in terms of the market move with the indices, in terms of volume as well. We had strong volume in the last couple of trading days, and were looking at declines today, offset over 1 of gains all three indices looking at down. Dow down by 12, s p by 5 and nasdaq down by 12 points. And disney earnings estimates came short for the first time in five years. Advertising and slumps decline at espn is weaker than expected. More on that story in just a minute....

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Im wilfred frost. Good morning from me as well. Lets check on the markets this morning. We eked out gains yesterday. Eked is the right word. Eked just barely moved. You can see the action is minor again this morning, but we are seeing green arrows on the screen. Dow futures up 15. S p up almost three. Nasdaq up 5. 5. Tech as you mentioned has been the outperformer. 10year treasury yield. Lower yields have really happened lately. We are seeing lower yields again. Weve come off 1. 57 where we were yesterday. Buying of treasury, buying on stocks both assets rising in tandem. This is a global fe n...

Coming up a little bit, here. And first on cnbc interview after the bell, disney ceo bob iger is here moments after the Company Reports earnings, disney shares up 20 yeartodate as eiger announcing a litany of super hero movies due out the next several years and filming of the new Star Wars Film wrapped today. Find out the force awake, if thats the title of this highly anticipated movie. Get into all this and much more with him coming up. All of us have our fingers crossed about force awake. American workers may take less vacation than nearly everybody across the globe, except me. Did i just sa...