MarketFoolery: 05.11.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 11 May 2011
⏱️ 13 minutes
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Summary
Disney reports weaker-than-expected earnings because of a Martian movie flop. Hermes reports a sharp increase in luxury goods sales. And shares of Yahoo! decline over concerns about its business in China.
Transcript
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| 0:00.0 | It's Wednesday, May 11th, and this is Market Foolery. |
| 0:05.0 | I'm Chris Hill and joining me in studio today from Motley Fool Asset Management, Bill Mann, |
| 0:09.0 | from Stock Advisor, Jason Moser, and from Motley Fool Global Gaines, |
| 0:13.0 | Tim Hanson. |
| 0:13.6 | Guys, good to see you. |
| 0:14.9 | Addie. |
| 0:15.8 | We've got some strange news from Yahoo and some earnings news from Ermays, |
| 0:20.4 | but we will begin with Disney. Mars may need moms, but apparently moviegoers don't need Mars needs moms. |
| 0:28.0 | Shares of Disney fell after the company reported lower than expected earnings |
| 0:32.0 | hurt by the terrible box office performance of |
| 0:35.0 | Mars needs moms would single-handedly reduce Disney's earnings by more |
| 0:40.3 | than 70 million. |
| 0:42.3 | Jason this is a stock advisor by more than 70 million. |
| 0:42.8 | Jason, this is a stock advisor recommendation, |
| 0:46.2 | but more importantly, much more importantly, |
| 0:48.4 | I'm a shareholder, so I'm very angry about Mars Needs Moms. |
| 0:51.7 | But what was your take on the earnings? |
| 0:53.0 | I was kind of blown away by the Mars needs moms I mean I guess I've been kind of out of the loop I didn't even |
| 0:56.8 | know this movie existed. It's actually a book being the father of an infant son we got this book and the book which you can imagine is very sappy towards mothers |
| 1:07.0 | but even my wife hates the book. |
| 1:09.0 | It's a terrible book and I can't believe anyone thought it was a good idea to turn it into a movie. |
| 1:14.5 | And it takes five minutes to read it. |
... |
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