MarketFoolery: 08.07.2013
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 7 August 2013
⏱️ 18 minutes
🧾️ Download transcript
Summary
“The Lone Ranger” is going to lose at least $150 million for Disney, but shareholders shouldn’t worry too much. Plus we analyze the latest earnings from Zillow and Freddie Mac, and discuss why it must be awesome to be a Bank of America lawyer.
Transcript
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| 0:00.0 | It's Wednesday, August 7th. |
| 0:03.7 | Welcome to Market Foolery. |
| 0:04.8 | I'm Chris Hill joining me in studio today |
| 0:06.6 | from Motleyful Supernova. |
| 0:08.4 | Matt Argus singer and from Fool. |
| 0:10.2 | Matt Koppenhe for yesterday and all David show today and all match show right wouldn't you know it except for me of course |
| 0:15.8 | We'll talk earnings we've got we've got some Disney we've got some housing related earnings and we've got some housing related earnings, and we've got Bank of America having a heck |
| 0:28.0 | of a Tuesday, or I should say the attorneys for Bank of America are having a heck of a Wednesday I should say. |
| 0:35.0 | Let's start with earnings though. |
| 0:37.0 | Walt Disney shares down a little bit this morning. |
| 0:41.0 | Second quarter profit came in a little bit better than expected revenue. |
| 0:45.0 | They missed a little bit on the revenue, didn't they? |
| 0:47.0 | They did. |
| 0:48.0 | And we can blame all of this on the loan ranger, can't we? |
| 0:50.0 | It's all about the loan ranger. |
| 0:52.0 | I mean, I don't know. Hold your horses because I mean I think this was still a pretty good quarter. |
| 0:56.0 | You know, we saw this, this is exactly what happened last year when they had John Carter come out. |
| 1:00.0 | Yes. |
| 1:01.0 | Had to take it somewhere in the 150 to 200 million dollar right down, which they're going to have |
| 1:04.2 | to do with Lone Ranger. |
| 1:05.1 | At the same time, you know, what Disney shows every quarter and every year is that they have such |
| 1:11.8 | so many business lines and so many great |
... |
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