stay tuned, we'll have bob iger coming up next hour. thank you all for your thoughts on today's market. >> thank you. >> thank you. >>> meanwhile, our steve liesman has been breaking down the consumer credit numbers, which flashed on the screen. steve, what's your take. >> maria, consumers giving the plastic a break in the month of march. the consumer credit number, which took in all the credit except for real estate, consumer credit rising just 8 million in march, about half the expectation of economists, who are looking at $15.5 billion. the 3.4% monthly gain, the smallest since july of 2012. not particularly concerned about a one-month trend, they did revise up, february, if it continues, maybe we're seeing the consumer, renewed concerns about his or her finances. reinvolving credit declined 2.9%. nonrevolving credit rose 5.9%. that's autos and student loans. and of course, student loans are the fastest growing part of consumer credit, with the federal government providing billions of dollars of new loans on the month. revolving cred

we're joined right now in a cnbc exclusive by chairman and ceo, bob iger. ood to have you on the program. welcome back. >> thanks, maria. >> talk to us about the quarter. what do you think was striking in the last three months in terms of business? what's driving growth today? >> excellent quarter for the company. obviously, our parks and resorts had a great quarter that was helped a lot by some of our new investments, notably at disneyland and in florida, but also our new cruise ships and our investments in hong kong. our cable networks, led by espn, also had an exceptional quarter. and we had improvement in our studio and in consumer products. all in all, a great quarter for the company. >> where are we in terms of advertising expectations for the rest of the year, bob? what would be your sense of advertising for the cable networks, as we proceed through the year? >> well, the advertising marketplace has generally been good. scatter marketplace has been good across the board at our networks. we feel good about the prospects for the up-front and good about

you will hear bob iger ge the fantastic ceo, it would make your head spin. first they bought lucas films, aka star wars star wars as well as pixar and marvel. that means there will be potential block buster releases for multiple years and multiple quarters in multiple years. many of these can rival the amazing success of "iron man 3" and these bombs like john carter, banished, done, ironman showed there was no point if deviating like the cartoon characterers and their careers that produce consistent hits. the stock didn't roar today. it's been roaring, though, don't worry about it. most of disney stock rests or goes down after the good news. make no mistake about it, though, this quarter was nothing but good news because of management's intense competitiveness. how about eog resource, a stock that rallied yesterday, after reporting spectacular results and went up another $2 bucks when merrill lynch greatest a mid-upgrade. think what happened. there have been two discoveries the bachit in north dakota and more important the eagle in texas. we want to go there

why, phil and mandy, i'll be breaking down the numbers, and we'll have an exclusive interview with bob igeru won't want to miss it. back over to you. >> thank you very much. >>> let's bring in allen gould. i mean, is ironman 3 already priced into the stock? >> disney is doing very well with all their product. "ironman 3" my guess probably makes $250 million for disney. i think the avengers grossed a billion and a half at the box office. why only $250 million. i know it's not the gross, but the movie has probably grossed well above that, right? >> sure. if it does a billion, probably 500 million goes to disney, and 500 million to the exhibitors. another 175 plus million or so to market. >> what is the key thing we need to look on the for that could move the needle for this, allen? >> i think the two things are -- disney spend a lot of money in the theme parks. >>> in terms of espn and the various other channels, vent the ratings been dropping? >> ratings were down about 5%, our estimate. espn was down 1%, espn2 down about 5%. but remember, espn gets most of its revenues from affiliate fees.

i don't think it's hurt bob iger. he's done a fantastic job at disney. looking at the companies -- most u.s. companies have them combined. there's no correspondence with performance. look at the u.s. disasters. enron, worldcom, global crossing. those were separate chairmen. ken lay was the chairman. you had a guy named bert roberts who knew the industry cold. they led them right off the cliff. it wasn't preventive. just because iss wants it, iss gave health south a 97% tile ranking on governance scores before three former cfos testified to massive fraud and the place collapsed. >> i have a very quick question for you, herb. that is, is there any historic precedent where it has been harder to attract a really topnotch ceo if there's a chairman, a split role, and a chairman therefore hovering over them? >> it's a great question. i don't know the answer. i would expect -- i would suspect it has been. of course you know, jeff. i would expect you -- i would expect of all people you know. look, you come into a company, you want to run the whole thing. i get it

. >> and this afternoon ceo bob iger of disney pointed out that their park revenues really beat expectations the consumer is improving and susie, it's not just the american consumer and we just saw a huge group of consumers at universal studios hollywood. maybe everyone is feeling better. >> everyone wants to have a good time, jane. thank you very much. jane wells reporting from universal studios. >> finally tonight, if you were wondering where the world's millionaires live we have the answer thanks to a company that compiles data on high net worth individuals called wealth insight. the number one city for millionaires, tokyo with nearly half a million of them, next up, new york city with 389,000. the only american city in the top ten and rounding out the top five, london, paris and frankfurt and china has three citieses on the list, but the number of billion acres most of them, big apple. >> i don't have to worry about ever being on. >> that's "nightly business report" for tonight. >> we'll see you tomorrow ". ♪ nightly business report" has been brought to you by -- >> the street.com. inter

bob iger and disney gets ready to release earnings. >>> and the popular restaurant chain adding patron to its menu. we're tack. ing the postgame analysis and set up for tomorrow with stephen p. grass sew, brian kelly, karen finerman and josh brown. first, to our top story, the great rotation. for the first time ever, the dow and the s&p 500 today simultaneously crossing all-time records. 15,000 for the dow, 1600 on the s&p 500. so, josh brown, do you now buy into this notion of the rotation, because we've had a couple of head fakes before -- >> second rotation. first we did cash into stocks -- >> right. >> and everyone got confused. and now what you are seeing is the situation, we went into the beginning of the week where defensive, cyclicals were trading at this huge discount to defensives and now that's starting to shift. the best performing group on the week is tech. cyclicals up there in terms of basic materials, things of that nature. so, we started to do that. i talked about it last week. we're nibbling at an investment called eed vaw, which is the b materials etf. what this give

bob iger, now the ceo of disney. >> i was asked to deliver something to your dressing room.n't think that you would be there and i barged in and there you were. i was rather embarrassed. >> was i nice, i hope? >> you were extremely nice. you put me at ease. you asked me what my name was and what did i do and i told you. from then on you called me jim. my name is bob. >> thank you, jim. it means so much. [ laughter ] >> trademark humor as she embarks on her final year. we've worked with her on so many big assignments. her stack of cards and notes today as big as that first assignment likely for barbara walters. >> let that be a lesson. she's always teaching all of us. thank you, david. and we thank you for watching tonight. we're always here for you at abcnews.com. "nightline" later, and i'll see you back here again tomorrow night. goodnight, barbara. >>> tonight a agency steps to investigate the new bay bridge. is caltrans doing all it can? >> a tragedy may be having the opposite affect. >> happening now, occupy demonstrators try to reoccupy an east bay field. abc 7 news is

one of the things i loved about this conference call is there's a sense, bob iger on the board of apple said i am not a hoarder of cash. apple loves a hoarder of cash until recently. what i like about disney is they distinguish themselves from other entertainment companies. i'd like david to address this. most of the entertainment companies are buying back stock, carl. you know what's happening, david? these guys have projects to spend on and the payoff is rather quick. >> yeah. that is true. you know, and the payoff is there. i am always amazed, jim, by the margins and the operating margins in the cable business and we can talk about theme parks which by the way, is a significant part of this company and i don't mean to dismiss it and people expect that will only continue to grow. it is amazing, espn. we'll talk about it all of the time and when you look at the operating income number and look at the margins -- oh, my. >> there was a moment in the call when this was the super bullish moment of all. when bob iger said we're taking over 20 years the sec, and i'm thinking the securities a

boeing, an unbelievable stock, disney, bob iger amazing, coca cola, greatest brand ever. apple down in the dumps. they're trying to save taxes. it's tax avoidance, not evasion. two thumbs up on tim cook on that testimony. chevron, oil, tech, aerospace, entertainment, soft drinks, bingo. >> hallelujah! let's go to paul in new york. please, paul. >> caller: hi, mr. cramer. >> yes. >> caller: i got "mad money" and i want to find out if it's diversified. >> sure. man, you came to the right place. >> caller: okay. my holdings are gsk, ed, vz, nycb and cedar fair, fun. >> oh, man, i like some of this yield here. this is a yield oriented, cedar fair. gsk, good yield. con-ed, excellent yield, verizon, new york community bank. this is a higher yielding portfolio that will hold up in an environment where interest rates go higher. we have an entertain, a utility, a bank, sure, you will get hit a little bit. i like the overall pastiche if not mosaic of companies. let's go to fred also my home state of new jersey. fred. >> caller: dr. cramer, how are you, buddy? >> not bad. i was hopi

. >> it's no surprise that ceo bob iger is pleased about these results. beat on the top and bottom line. he kicked off the conference call talking about the fact the company, all five of the divisions are showing revenue growth, but also about "ironman 3." he said as of now, it sold more than $711 million worth of tickets worldwide. a massive opening for "iron man 3." he went on to talk about the potential of marvell and what a great acquisition that was. also lucas film saying he is confident he will be able to drive great value out of that acquisition. big focus of the earnings call and results were parks and resorts. there was a 14% increase in p revenue and in operating income in parks and resorts. thanks to higher attendance and higher spending of people once there in the parks. he says part of that is a stronger economy. they noted some interesting attendance records saying the domestic parks, attendance up 8%. another is the media networks division. it is the biggest and most profitable division at disney. one quick note about advertising revenue.

i think it really lends credence to what bob iger and team are doing in trying to exploit platform inheryl: i'm curious, did they do the international release on purpose? do that first? is that a new trend for these summer blockbusters? it seems like that's where they're making the money, frankly. >> it's almost like a chess game where every studio is looking to captain rise on the best release date. it gets more complicated internationally. there is no one strategy. it continuously evolves. you've got studios across the world, you've got other studios that releases certain markets on certain days. for example, during the world cup or limb picks, you've got studios that take account of that, but it boils down to looking for spots to, you know, less competition from, you know, from your other studios and exploiting the advantage that any given market would offer. cheryl: there's a lot of -- summer blockbuster season, a lot of big movies that are coming out. some are original, some are not. we're going to get a lot of sequels, hunger games, for instance, a remake of the great "the great

her co-hosts, her viewers and her boss, who once delivered her mail in 1996, the ceo of disney, bob iger i was asked to deliver something to your dressing room. i didn't even think you would be there the i barged in there you were. i was rather embarrassed. >> was i nice i hope? >> extremely nice. put me at ease. asked me what my name was, what did i do? i told you. and from then on you called me jim, my name is bob. >> thank you, jim, it means so much. >> reporter: david muir, abc news, new york. >> still has the that spunk doesn't she? going to keep it going. >> love that attitude. >> everyone asks her that one interview that you did that resonates with you. >> she says there is no one interview. there are a few she wished she could have nabbed. >> would have loved to interview the queen. the queen doesn't do interviews. love to interview the pope. the pope doesn't do interviews. if you do an interview sit down with barbara walters. >> she can say, the queen or pope. pretty big deal. along the way someone said, why don't you tell them it's your last year? >> she said, give me a shot, r

bob iger and disney gets ready to release earnings. >>> and the popular restaurant chain adding patron

he won as big a vote as bob iger did. >> you're going to plead the fifth here?> what does that remind us? >> does the headline say that? i can look. i'm pleading the fifth because -- >> it's in your dealbook. >> it says helping towards a challenge. is there that headline? >> want me to send it to you? >> you know what? we picked up a "breaking views" article. it was syndicated. we pick up outsiders. >> all right. >> that's what it is. >> all right, the devil made you do it but it appears under the "dealbook." >> >> that's right, it's on the dealbook site. >> the issue is this was never really about jamie dimon. looking at bob iger, mike white of directv, they're all slammed by the same iss, glass lewis and my wonderful state treasurer heef, denise lappeer and caliper, we can talk about their own government if you want to, but they're attacking our strongest icons. like putting tim cook in congress yesterday. we should be celebrating apple and celebrating jamie dimon, the nation's most feared and revered foonseer. what did he do? he's brought us three years of hi

addressed to disney chairman bob iger, the petition calls on the studio to go back to the are originally 110,000 signatures have been gathered in just a week. what's more, merida's creator brenda chairman of a marin county concurs. she says this is atrocious what they have done to her. >> when little girls say they like it because it is more sparkly, that is all fine and good but, subconsciously, they are soaking in the sexy " come hither look and this any aspect of the new version. >> it is horrible! merida created to break that mold-- to give young girls a better, stronger rolemode a more role model, something of substance, not just a pretty face that would surround for romance. you can join our conversation on our facebook page and let me know what you think. >> we will be right back. ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of p

the ceo bob iger will be on closing bell right after the results at 4:00 p.m.nd zane capital are leading a deal to take bmc capital private. the takeover values bmc stock at a slight premium, $46.25 a share. this marks the first pure leveraged buyout this year. it's improving financial markets, ease appetite for leverage. and according to a recent report from the bladery, confidence has finally returned to the industry helped by the improving macro environment. they're optimistic about u.s. growth prospect and an impressive 70% of confident on their own company prospects. joining us for the findings of that report is the managing partner national private equity at medadery. thanks very much indeed for joining us. when we see this news, as well, this morning about this deal around bmc, if we had had that one you were compiling your survey, what impact would that have had? >> you know, i think wa we're seeing right now is a morrow bust marketplace for private equity. 2012 had a lot of deal activity, but not as much as i think was expected. in the fourth quarter r

i think bob iger is remarkable and not just because his birthday is mine, and you have to hope that it guy says that isn't good enough because it's been a great company and the runway, here. they have star wars coming out. they did's deal with electronic arts, they have the avenge ares and espn. channel, one, two, three, four, five, six, seven, eight, nine, ten, 1112. you are so money and that was from "swingers." michael brown owe and my hair tweeted. >> my hair is all over it. >> he's got my arms. twitter is funny. it does make you laugh. by the way, pepsico thinks that it's -- disney has been doing. >> espn has been doing stuff with twitter. >> we keep coming back to that name, too. >> google is -- you can't get a job. >> my friends who are -- >> the sum cum laude during the apollo program and the gemini program, they're impossible to get. you need to have the right stuff to work at google. the right stuff. i sound like my grandmother. >> what's wrong with you? >> let's get to pis an oani on floor. >> i'm not his grandmother, but i may be his uncle. god knows. have you watched the s