Disney Goes Bigger
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 20 June 2018
⏱️ 20 minutes
🧾️ Download transcript
Summary
The News Fairy works overtime, but we’ve got Matt Argersinger to analyze the latest breaking news. Disney raises its bid to buy Fox’s entertainment assets. Starbucks shares fall after lowering guidance and announcing a higher-than-average number of store closings. Plus, General Electric gets booted from the Dow Jones Industrial Average in favor of......Walgreens???
Transcript
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| 0:00.0 | Support for market foolery comes from our friends at Rocket Mortgage by Quick and Loans. Home plays a big role in your life. |
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| 0:18.6 | It's Wednesday, June 20th. Welcome to Market Foolery. I'm Chris Hill with me in studio today. |
| 0:25.0 | Thank goodness it's Matt Arguessin. |
| 0:27.0 | How are you, man? |
| 0:28.0 | I'm good, how are you? |
| 0:29.0 | I'm good, and... |
| 0:31.0 | I send some stress. news fairy went bananas last night. |
| 0:35.0 | She sure did. |
| 0:38.0 | There is so much news to here's how much news fairy bombs got dropped. And you mentioned that right before we came in the |
| 0:45.8 | studio, Jeff Baysos and Warren Buffett and Jamie Diamond decided to name the guy who's heading up their health care initiative and we're not |
| 0:54.2 | talking about that we'll probably hit that on Motley Full Money this weekend |
| 0:58.2 | but we're there's just too much other news to get to. Can't fit that. |
| 1:03.1 | We can't fit that end. |
| 1:04.8 | But we're going to talk about GE. |
| 1:07.0 | We're going to talk about the Starbucks news. |
| 1:09.2 | We've got to start with the news that we talked about a week ago, last time you're in the studio which is the |
| 1:15.3 | Disney Fox Comcast and the latest moves there. |
| 1:20.5 | And Disney raised their bid and they raised their bid from 52.4 billion to 71.3 billion in cash and stock. |
| 1:32.0 | First, what was your reaction when you saw the news? |
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