but we cannot do that without approval from disney. >> disney has the final say.he mayor says it is a good deal and everyone benefits, but somewhere along the way, the heart and soul of the village has been lost. >> in the midst of the current financial crisis with shops and all sorts of public services closing down across europe, we are starting to see ordinary people fighting back. local cooperatives or citizens' actions groups are banding together to provide for themselves. some communities are even planting food crops and sharing the harvest. in the 1960's, these grass-roots movements would have been very much the domain of the hippies. these days, as is often the middle classes who are part of this community empowerment. in britain, this sort of sharing revolution is quietly growing. prime minister david cameron want to encourage it, and he has even given it a name -- the big society. there have been hundreds of examples of local groups saving homes or village shops from closure. we went to the north of england to see how people there have really embraced the

disney. we'll get past this.board, they called jesus -- i hate to even say this -- but it's the story. a useless savior. is a dassic god, talking about mormon bigotry. take a look at this here. this is an athiest group using this. democratic national convention to take aim at presidential candidates religion, targeting mormonism, targeting christianity. and this is in charlotte, north carolina. bob, i'll go back to you on this. >> bob: you know, i guess they have the right to run these billboards. i find that probably more offensive than anything we've talked about today, except what i said. but you know, it seems to me that people get, you know, they take these events like. this and people who are believers have to look at this every day. it's not easy to do. if it were up to me, and maybe i will. i take a saw. >> kimberly: go around the table. >> eric: quickly, taking a shot at christianity you take a shot at 80% of the population. probably not a great thing to do, especially trying to get votes in north caroli

disney is the second best performing stock in the dow, but even disney trees don't grow to the sky and there's a few things worrying me. tracking the stock higher, that's great, that's what we like to see. back in march, 17% it was trading above the moving day average. it was subsequently an 8% correction. we think history repeats itself. we're looking for a pull back. we think that coincides with that 8 bank account pullback and we would be a seller at that key $50 level. >> you want to buy it back after it drops? >> yes, we love that chart. you want to buy it on the pull back. >> i what i would add is on valuation, if you take next year's earnings of 350 and use a full multiple you get to 5250, we think the upside is limited. from a fundamental view, it's true that 15 times you're accelerating fundamentals. and we don't have enough yet to call a bullish view on another acceleration in advertising and you look at that compared to what the media has done on performance. >> thank you, stay with us, at 4:15 p.m. eastern, we'll be talking to the man behind this monster company, rob iger w

there's the theme park business, disneyworld, disneyland, hong kong disney, disney cruise line. they're on fire with that. the results in the latest quarter were phenomenal. 9% rise in revenues and a 21% increase in operating income. and the film studio with its most recent quarter, 100% increase in operating income thanks to "the avengers." the third highest grossing film of all time. the only reason disney didn't shoot through the roof when it reported, which is your opportunity, by the way, it was a terrific quarter two weeks ago, august 7, was the stock had already run up 12% going into the results. the expectations were sky high. and one reason why i think disney can make a big play is you're basically getting that quarter for free. the stock was trading at $49.81 before the company reported and now it's at just $49.64. plus disney sells 14.2 times next year's earnings, a pretty low multiple considering its long-term growth rate. the company is generating a massive amount of free cash flow. the latest quarter, up 94% year over year. back in december, the company did give yo

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disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. >> we've been reporting on the drought that has devastated the corn belt. >> yesterday a dire new assessment from the department of agriculture. the nation is on track to have the worst corn crop in two decades. more now from erica east side wards. >> reporter: cornfields are a reflection of dried up farms across the country. >> it's been hotter than it's been before. >> reporter: millions of acres of corn are a waste. the department of agriculture now predicts a 17% drop in the national corn kneeled, bringing prices to a record high. grocery store corn on the cob shouldn't be affected as much as the corn that feeds the livestock. leaving ranchers struggling to pay for cattle feed. >> it's on a day-to-day basis of figuring how to do it and how to hang on. >> reporter: economist say prices of beef, pork, and chicken might go down before they g

disney already has a sequel in the works.ong performance at cable networks and theme packs helped boost earning reports. ceo says strength in the brands appears to outweigh economic weakness, even in europe. >> we've seen a consumer that is willing to step up and pay for product they believe in, they know they'll get good value from. they basically see as high quality product. when we invest in that, the cruise ship business, the recent expansion and additions to our theme parks, we see increased business. >> well, ron grover is the l.a. bureau chief of reuters and knows a thing or two about disney. thanks for joining us. what did these results say to you about the strength of the company? >> it's a very strong company, alleges has been, and as iger says, as you had him saying, brands carry the day and they've created a lot of good brands. they bought marvel, they bought pixar, built out the theme parks. they have brands in a time of economic hardship, brands sell. >> i wondered what they said over theme parks. it's surprisin

the most obvious clue came from disney.esday disney reported a fabulous quarter after they fired on all cylinders. the parks and resorts business which counts for 29% of their overall sales was en fuego. management noted that the domestic parks in particular like disneyworld and disneyland were in terrific shape. per capita spending up 8%. after disney reported, i thought back to something that happened the week before. comcast's parent company, the network reported back on august 1. comcast theme park division was a tiny piece of the pie accounting for # 6% of the business but they own universal theme parks in hollywood and orlando. an amazing harry potter franchise you have to see to believe. they talked about strong attendance growth in hollywood. we have two major players here. disney and comcast, both giving the huge thumbs up in the last couple of weeks. these are telltale signs we might be in the presence of a genuine bull market. as much as i like disney, my charitable trust owns it, comcast barely has any exposure

this is from parent company walt disney.ainment reporter don sanchez got a look at the film about a child who may be too perfect. >>> jennifer garner they bury a box in their backyard and they get a surprise. not quite like other kids. ♪ ♪ >> it's funny, emotional and poignant. directed and written by academy award winner peter hedges. they are national tour promoting the film and met with us her. >> first time he was alone and my mom lived here for a number of years. we both have promises for this place. >> many people and family is important in the film. >> maybe people will stop for a moment and say, thanks for what you did for me today. >> for those who may be hold on to some resentments and disappointments in our parents, this film will help you see and understand and appreciated your parents in a new way. >> it's such a minefield. my parents got everything right but it's interesting with the child you can interpret your own way. >> reporter: the story frank zappa's son. they shot in georgia. movie magic that he hopes w

disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. >>> this morning relief efforts underway in iran after two quakes rocked the country yesterday morning 6.4 and 6.3 struck levin minutes apart 200 -- 200 miles northwest of tehran. 250 people are dead, more than 2,000 injured. several aftershocks, many are staying outside worried more buildings may crumble. iran usually experiences at least one small earthquake everyday because the country is located on seismic faultlines. >>> republican presidential candidate mitt romney and his newly selected vice presidential pick paul ryan have kicked off their multi-state campaign tour they finished up one rally in north carolina and headed for another. jonathan karl reports from charlotte. >>> the next president of the united states -- >> next president of the united states, mitt romney. >> reporter: with a running mate, a burst of energy. >> november 6t

disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. caught left faugh >>ysabel: in earth quake hitting china but no reports of injuries or damage. chinese officials say the earthquake had a relatively shallow depth which increases the likelihood of damage. >> news reports have raised the death toll from the earthquakes and a run to more than 250. at least 2000 more people have been injured. officials are fearing that casualties will go up. a 6.4 magnitude and 11 minutes later a 6.3. several aftershocks damaged several villages. ron sits on major fault lines and has been prone to devastating earthquakes. back in 2003, 30,000 people died in an earthquake in the southeast region of the country. in 1990, 50,000 were killed near the caspian sea. >> still to come, a backpack giveaway in san francisco. >>marty: we will come back with the forecasted two minutes. >> 01 westbound lanes of highway 780 in

the avengers helped to lift disney's third quarter earnings. movie studio saw a more than six-fold increase in profits from a year ago. but overall, disney's revenue missed expectations. terrell, that remind me. we need to get to a movie. >> i'm not a big movie watcher. it's not by habit. it just happens that way. >> popcorn is calling me too. >> on it this weekend. ashley morrison in new york. thank you so much. >>> coming up next, your weather forecast. in sports, she flew through the air with the greatest of ease for olympic gold. but he felt 400 pounds much iron on the back of his neck. k of his neck. tl 400 pounds muc iron on the back of his neck. 4n on the back of his neck. this is the top ten advantage. this is sears. maybmaybe you can't.re; when you have migraines with fifteen or more headache days a month, you miss out on your life. you may have chronic migraine. go to mychronicmigraine.com to find a headache specialist. and don't live a maybe life. well hello, welcome to hotels.com. summer road trip, huh? uhuh yep uch let's find you a

and so we did it a few weeks ago at disney.t i try to do when i do these things where i try to make up some story that's not really true. [ laughter ] >> known as a lie. >> jimmy: a lie, yes. [ laughter ] >> and i do this for my own kind of enjoyment. i usually try on the way there to come up with it. nd then i -- kind of pearl, you know, i embellish it and embellish it because they ask you the same questions all day long. so in order to make it exciting, i lie. [ laughter ] it started years ago, i was interviewed and somebody said what's next for pee-wee herman. and i heard myself say i'm building. and i heard about peewee land, that one ride. i kept embellishing it. and it becomes, you know, real. >> jimmy: yeah. >> after about six months, i got a phone call from somebody who builds shopping centers who was interested in building peewee land. so on "the tron" one, i wasn't thinking very clearly. i had stayed out late the night before. and i just barely got there on time. and i forgot to come up with what's my story. so i so i

disney vacation club membership means they can return to disney again and ain and castay in fabulouslub. this famy could enjoy vacations every year for the next 5years. imagine taking family cations disney destinations around the world like the walt disney world resort in flida or disneyland resort in california. ey can explore the caribbean aboard disy cruise line or enj expertly guided family vacations to great destinations with adventures by disney. the options are nearly endless because th disney vacation club you dede when and where to vacation at hundreds of destinations arnd the world. stay tuned to find outho will make tir own magical memories and win 50 years of unfoettable family vacations courtesy of disney vacion club. "you reach out to me "and you l

disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. >>> it was a record-setting finish for the u.s. women's team in the 4x100 relay. >> they shattered a world record last night, crossing the finish line in 40.82 seconds and earning the team the first olympic gold medal since 1996. >> here to talk about their victory, gold medalist, carmelita jeter, tianna madison and bianca knight. we should mention only three of you here because one more has another race. >> yes. allyson has the race tonight and she need toss rest up because she's running tonight as well. >> what an amazing run. when you realized you had the world record, what was the feeling that went through you? >> my reaction was priceless. i knew it. i knew it. i felt it. when the ladies did their job and i come running down the stretch, i was looking at the clock. i saw it. i was like, 36, 37, 38. so it was -- it was so emotional. >> yo

the disney park website reports it is part of a new experience, several cameras will capture the face of the princess and waiting and that her face will be transposed onto the doll and disney workers can customize the hair and skin and eye color to match. the doll will be sold for about $99. fan expensive doll, but maybe a good christmas present? >> how many princesses are there? and how many of these will i have to buy for my girls? >> people around the bay area, where heating things up outside, this is the beginning of a pretty good heat wave over the next few days although some places near the coast line, not much in the way of heat but inland at the temperatures will soar. some of those numbers are really popping. 82 degrees in concord and 88 already in livermore. 65 in san francisco and 70 degrees in san jose. we have mostly sunny skies into the afternoon over the bay. hop in spots in land and then tonight it will be mostly clear in the valley with a few patches of fog along the coastline but that he is likely to stick around now right through the weekend. we do have patchy fog,

disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. this week get whole seedless watermelons fresh off the farm for only $2.98 each. skip the warehouse. 24 rolls of charmin are just $11.99. and kellogg's frosted flakes are a buck 88. real big deals this week and every week. only at safeway. ingredients for life. except the july jobs numbers released friday pointed to better than expected growth but failed to put a dent in the unemployment rate. the u.s.'s top 163,000 jobs. -- is up 1 and 63%, but the rate is at 8.3%. the increase helped wall street end the week's letter to the -- slightly higher. the dow, s&p, and nasdaq closed with increases. a tax-free week is around the corner for several states including maryland. consumers

disney mobile magic, on verizon. you wouldn't happen to have an apple ? find characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. >>> we're following breaking news this morning. in just about four hours mitt romney is expected to announce his vice presidential pick in norfolk. three sources have told nbc news it's expected to be wisconsin congressman paul ryan pap stay with news 4 for updates on this big announcement through the morning. >>> the sikh community is mourning the loss of six people killed in a shooting rampage. thousands came together for a public memorial service in the milwaukee suburb of oerk creek. john yang reports. >> reporter: they came to a high school gymnasium to mourn. sikhs and non-sikhs, family and friends, police and first responders joined by hundreds and hundreds of total strangers. her mother was the only woman killed in the attack. >> as i look around, i don't just see christians or jews, i see everybody. >> reporter: the six died when a g

>> our power gauge rating is bullish on disney for 18 months. think that there's a probability of a positive earnings surprise and may break the stock out over 50, so to the extent that the power gauge rating is very helpful in earnings season at finding the potential land mines or the stocks likely to report positive earnings surprises, i'm looking for a good report out of disney tomorrow after the close. >> what are the metrics i guess that go in to your ratings? >> we look at value metrics like price to sales, price to book and cash flow, but also, earnings momentum, short sales, insider trading. everything on disney is bullish except for the value metrics which are getting up there. if they report 93 cents or better which is the expectation and $3 plus in earnings for 12 the stock could sell at 20 multiple and trade closer to 60 than 49.90. >> you're bullish on disney and our own stephanie link. >> i hope you're right. i guess we look at point of valuation an you said that you think they can see multiple expansion. i guess i'm nervous that p

muslim woman suing disney. very high paid celebrity couples. jesse watters asking foreigners in the u.s.a. right now what they think of the presidential campaign. we hope you stay tuned to those reports. >> bill: 8 million people currently live here in new york city. about 3 million of them were born in other countries. we asked jesse watters to hit the streets to find out what some of those folks think about the presidential campaign. ♪ ♪ >> where are you from. >> dominican republic. >> panama city. >> beijing. >> israel. >> mexico city. >> india. >> india? >> yes. >> congratulations. >> for? >> from being from india. >> i don't know what that means. >> i was born in -- >> are you trying to get the nukes? >> yeah. [ laughter ] >> are try to slow that down, okay? >> bomb bomb bomb, bomb bomb bomb bomb. >> puerto rico, common dominican. >> country in europe. >> i knew that i'm very very good with geography. >> yeah, well, you know, that's just like your opinion, man. >> naturalized citizen? >> yes. >> i'm under working visa, i don't think can i

they are supposed to be tasty colorful and fun and full of nutrients but a maker of a disney and marvel vitamin is refunding more than 2 million dollars. charley is tracking more on what the story means and what parents need to know. >> yeah. as you mentioned, the pills were shaped like super hereos from marvel comics be a dis-- comics and disney and the claim was it was 100% of the dha the vitamin found in fish oil but they admitted it only contained the fraction of the nutritional value. company made a false claim and you can get the money as a result. the packaging peetures characters like -- features characters like disney wenty the pooh and if you think you may have bought a box of the vitamins, between may of 2008 and september of 2010 you canfile the claims with the ftc at their website until october 12th and you can be part of a multimillion dollar refund. we have the information posted behind me here go to the health tab and there's the top story refund issued for kids vitamins because of the levels were not what the manufacturer claimed. >>> it's 19 minutes after 6. charley is

she filed a discrimination lawsuit today against the walt disney company. she was ahostess at the time. disney claims she refused to wear a specially designed hat and also refused to accept jobs away from customers. >>> and we have a health warning to tell you about out just this morning for oysters from a northern california company. officials announcing a recall of shucked and in-shell raw oysters from inverness-based drakes bay oyster company. they may be contaminated with a bacteria that could make some people sick. the shucked oysters are sold in nine-ounce, one point, one quart, and half-gallon jars and have a harvest date ranging from july 17th through august 8th of this year. >>> well, now to the london olympic games, or should we say the road to rio. today thousands of olympians are trekking back to their home countries after going for the gold. this was the scene right here this morning at heathrow airport where some 6,000 athletes are starting to board their flights. heathrow has opened up a special temporary olympics terminal to deal with the cr

. >>> the aclu is suing walt disney company on behalf of a muslim woman for discrimination. woman says the company would not let her wear a head scarf in disneyland. >> she would have been better off, acceptable to disney as a cartoon character rather than a flesh and blood employee. >> i don't understand why is it hard to me to work there and be accepted as a woman, as muslim woman or even an american muslim who just decided to wear her head scarf and have a simple life. >> disney says it offered the woman several other jobs and costume alterations and says it has a long history of accommodating religous requests from cast members of all faiths. >>> some price slashing in the tablet war. every kid wants one of those. >> i know all about. >> we'll tell you which gadget just got a bit more affordable. >> a little spice in your diet might be good for your health. that is also some good news. how curry may help prevent a deadly disease. details coming up in a health alert. stay with us. we'll be right back. ig >>> taxpayers are going to lose a lot more on the auto bailout. the

i like disney and mickey mouse and tinkerbell and stuff.ould love a world where i lived at walt disney world all day. >> but for the past eight months, moore has been living in a very different world, the jail's female confinement unit, where she is held in her cell away from other inmates, due in part to the intense media coverage of her case. >> because she's in the news and because of her charges. if you put her back in a pod, you don't know how another inmate is going to react to what she is allegedly accused of. so for her own safety, it's better that she's back here. >> moore has collected some of the many newspaper reports on her case. >> "woman charged in millionaire's murder pleads not guilty." i used to cry, opening these up. i don't any more. i'm over it. >> why? >> because i'm not this kind of person. this is a person that i'm not. >> prosecutors say moore, who has pled not guilty, befriended the $30 million jackpot winner and conned him out of a large share of his fortune and then killed him. the victim, abraham shakespeare, is

muslim woman suing disney. very high paid celebrity couples. jesse watters asking foreigners in the u.s.a. right now what they think of the presidential campaign. we hope you stay tuned to those reports. [ pilot ] now when you build an aircraft, you want to make sure it goes up and stays up. [ chirp ] with android apps, you get better quality control. so our test flights are less stressful. i've got a lot of paperwork, and time is everything here. that's why i upgraded to the new sprint direct connect. [ chirp ] and the fastest push-to-talk nationwide. [ male announcer ] upgrade to the new "done." [ chirp ] with access to the fastest push to talk, three times the coverage, and android productivity apps. now when you buy one motorola admiral rugged smartphone, for ninety nine ninety nine, you'll get one free. visit a sprint store, or call eight five five, eight seven eight, four biz. >> bill: 8 million people currently live here in new york city. about 3 million of them were born in other countries. we asked jesse watters to hit the streets to f

tom, disney shares went into this report just below a 52-week high. they closed up at $49.81 a share but fell slightly in after-hours trading. >> tom: let's get going with tonight's "market focus." hopes for more help from the federal government helped fuel stocks today, with the indices at their highest levels since early may. the s&p 500 spent the entire session in the green. one piece of economic data showed the highest number of job openings at the end of june since the summer of 2008, indicating the potential for job gains. trading volume was up from yesterday's pace-- 727 million on the big board, just under 1.9 billion on the nasdaq. the energy sector led the gains, up 1.3%. the material sector gained another 1.1%. one other consequence of expecting more stimulus from the federal reserve: higher energy prices. more stimulus could help the economy, and that could fuel demand for energy. oil settled at $93.67 per barrel. globally, a hurricane threatens some offshore mexican oil production, and north sea oil production is expected to drop to a rec

disney mobile magic, on verizon. you wouldn't happen to have an apple ?ind characters, access wait times for the park you're in, and enjoy premium features when you download disney mobile magic, powered by verizon. >>> a developing story out of iran rescuers are searching for survivors after two powerful earthquakes hi the northern part of the country injuring more than 1300 others. thousands of people spent the night outside as aftershocks rattled that area. the u.s. geological survey reports a 6.4 magnitude earthquake struck yesterday. that was followed by 6.3 manager nay tuesday earthquake. the earthquakes damaged at least six villages. >>> this morning, investigators are trying to determine what caused a fire in prince georges county. news 4 darcy spencer reports. >> i got a phone call saying that my house was on fire. >> reporter: he raced home and found that his family barely's kind bug hurt in that fire. >> my sister, her husband, my two nieces, they were all asleep. my neighbor here, he opened the door. he went over there to make sure everyone was

the box office hit the a develop engineer, disney profits hit 613 and disney credits a makeover for increased attendants at theme parks and our friends as pixar are united about that. >>> they are excited about not gist another big box store and how target is giving the area big boost this week. >>> plus we are learning more about a threat on twitter about a tim collins style attack in new york city. >>> and get ktvu channel 2 morning news to go, download the app click on that live icon and watch all news live on your smart phone so you can be connected any time, anywhere. . >>> welcome back to the ktvu channel 2 morning news, it is now 5:24, this morning twitter complied with account information for a person who tried to carry out a tim colorado style killing in new york. he said this ain't no joke, people will die and it is where currently where mike tyson is performing a one man show. >>> they went outside chris moore went to a block party at a christiansen terrible. burglaries are up 38% there and police staffing is at an all time low. >> there is a community where it makes it possible to

it's from abc's parent company walt disney.hez got an early peek at inspirational film about a child who may be too perfect. ♪ ♪ >> jennifer and joel play a married couple. they withdraw fox in their backyard. after a dark and stormy night they get a surprise. >> not quite like other kids. >> rooted you might say. >> it's funny and emotional and poignant. directed and written by peter hedges. they are promoting the film and met with us here. >> joel came in and first time he was alone and my mom lived here a number of years. we both have a fondness for this place. >> family is important in the film. >> maybe people will stop for a moment and say thanks for you what did for me today. >> for those of us that hold on to resentments and disappointments in our parents maybe, this film will help you see and understand and appreciate parents in a new way. >> it's such a minefield, my parents got everything right but it's interesting as a child you can interpret it in a certain way. >> they shot in georgia in cold of winter. movie magi