>> well, it is perfect for disney.ugh, we've had a great relationship with "star wars" for years. we have "star wars"-based attractions at a number of our parks, here and overseas, in japan and paris, in florida and in california. they've done very well for us. this is, you know, perfect for disney, because we manage great character franchises, starting with mickey mouse, who was introduced first in 1928, all the way through to the great pixar characters and the marvel characters through today. so this fits into, you know, that great franchise category really well. and with franchises, what we do as a company is we manage them very effectively, or leverage them, issued say, across businesses, all of our businesses, across territories, meaning the world, and if you have a really solid franchise that you're feeling with great creativity, over a long period of time. so it's multiple business, multiple territory, multiple year. and that's what this is. this is one of the biggest ever, the biggest franchises ever created. a

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disney's the winner here. >> why is disney at home and health?the executive producer john malloy who formulated these brackets. what is home and health? >> i think he made it up. >> but anyway, you did a good job, john. to see the pullback of all of the stocks in play in our competition, log on to fastmoney@cnbc.com and you can get in on the game by tweeting us, tell us which stocks you're picking by using the hash tag madmoneymadness. >> the audience is the fifth trader. >> love that. >> yes. >> very good. >> there are winners and losers in this world, people. >> not everybody gets -- >> this binary world. >> yes, sometimes it is. still to come -- >> no, all the time. >>> the viewer tweets lighting up our twitter feed. we trade them live next. carfirmation. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. >>> emerging market stocks having a rough start

there's -- some of these stocks, disney, disney feels thin to me, meaning there doesn't seem to be a lot of supply. people used to say, listen, we used to have the five, ten-year base es, and we're going to honeywell in levels we haven't seen before. but the stocks aren't really expensive. now the kol gates are, but the industrials are not. google is not. i know that sounds weird. but it's not a google rally anymore. >> that is now the most-held stock -- >> i see merck going higher. i see more comfortable when the market is being led by companies like mcdonald's. that makes me feel good. because that means people aren't speculating. >> mcdonald's seems like a good stock. >> i haven't seen a list of com

disney's the winner here. >> why is disney at home and health?e producer john malloy who formulated these brackets. what is home and health? >> i think he made it up. >> but anyway, you did a good job, john. to see the pullback of all of the stocks in play in our competition, log on to fastmoney@cnbc.com and you can get in on the game by tweeting us, tell us which stocks you're picking by using the hash tag madmoneymadness. >> the audience is the fifth trader. >> love that. >> yes. >> very good. >> there are winners and losers in this world, people. >> not everybody gets -- >> this binary world. >> yes, sometimes it is. still to come -- >> no, all the time. >>> the viewer tweets lighting up our twitter feed. we trade them live next. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. otherworldly thin

oz is proving to be a great and powerful movie for disney. the film with an $80 million opening weekend. the house that mouse built has a lot up its sleeves besides that, reintroduction of a favorite character, big news on "star wars" and digital future. i spoke to bob iger about building buzz with this new movie. >> you hope it does, yes. in today's world, word of mouth is a big deal. we want them to like it. that's very important, too. a weekend like that is a great thing. >> can we assume this will be another franchise that eventually includes dorothy, a sequel. >> too soon to tell. >> too soon. let me ask you about another sequel and such a popular theme that is "star wars." a lot of talk around "star wars," particularly the old c.a.r.s., harrison ford, mark hamill, carrie fisher. are they going to reunite? >> george lucas was quoted as saying they would but we haven't made an official announcement. we have a team working on the film now. jj abrams will direct it. we have a writer writing the script, working with folks involved in earlier

is that why we're having the discussion about disney today?don't think so. 40% approximately of s&p 500 companies already have a split, and more need to do so and recognize that governance role. if jpmorgan, there had been a split of the ceo and chairman i think that maybe some of the issues that happened with the london whale would have been caught much sooner by that board. >> can you real say that though? is the chairman really going to be in the weeds that much at jpmorgan to know what they are doing in terms of a trading desk in london? >> actually in my work with boards, it makes a big difference. >> bill? >> there's a lot of role confusion when you have the show in the chairman position, and it's much better when you have that split. >> david, last thought to you. >> yeah, sure. i mean, first of all this, whole thing has been already defeated. the shareholder meeting in phoenix is going on right now but this whole proposal has been completely depleted. so i'll ask why is she still sort of, you know, going on this case. >> well, because

i love walt disney and i love disney land and i love the disney organization, but i cannot stand that i don't think i'm alone. luckily i can kill the music any time like just now. but those trapped on the ride back in 2009 for a half an hour didn't have that option. >> oh, lord. ♪ it's a small world after all it's a small world after all it's a small, small world ♪ >> sure it sounds funny stuck on the ride, those creepy robot people dancing all around you, but it turned serious for one man, jose martinez. he is disabled and suffers from panic attacks, meaning he could not get off the ride like everyone else. >> i'm going to have a stroke if i don't get out of here soon. >> okay. we called. do you want to call again? fnchts you want we can call medical to get them down here. >> yeah, i think that would be a good idea. >> martinez sued disney. he was awarded $8,000 this week. he and his lawyer join me from los angeles. first of all, mr. martinez, explain exactly what disreflexia is. in addition to being qu quadraplegic during this event you experienced that. what is it and why did it ma

all of disney's director answers proposals were approved by disney shareholders and neither of the shareholdersed were approved. that's a also for the iss and glass lewis. they are changing wait the compensation is calculated and to allow long-term shareholders to easily nominate board members. those pro poles yas were rejected. now support for leadership reflect the fact that in his tenure, there is a 138% compared to just 25% share return for s&p 500. back over to you. >> julia, boorstin, thanks very much. >>> robert is splitting chairman position a good idea for this company? for all companies, kayla? >> we had the proxy viedor on this morning, tie lower. and he said this is not because of something he did, and i agree, if it ain't broke, don't fix it. i think this is a nonissue. >> what do you think? >> philosophically it makes sense to split the roles. but there is no measurable difference in the companies where they are together and apart. so if it ain't broke, don't fix it. >> i was going to say, what's the harm in splitting it? but we have to move on. a window on a company in distress.

like our friends at picks sar and disney, they were masters of marketing. i'm sure they won't admit and i know paul does, there was even davy crockett underpants. >> he has them on now. [laughter] >> so i think paul is absolutely right. like all of these figures from history, especially the american west and this mythologized west, these men and women go through all sorts of incarnation. sometimes they are in vogue and some of the of them are out of vogue. it's true with billy the kid and it is true with so many people. and it definitely is true with crockett there is a myriad of views of how his career came to an end and you can pick or choose any one you wish. the only one you should know is he did die. >> that was way before my time on the tv stuff. it really was actually. so i missed that in the first go round. but i think another reason it might be even subconscious or semiconscious but it still resonate even more in this century across america is that the men in the alamo and involved in the revolution, the word -- they considered themselves, their fa

it took just $30 million opening weekend. >> what's next for disney?s due out this june. the easiest and safest path for profits. >> shares up over the last year. today up about a third of a%. the ceo of disney will be on closing bell tomorrow right here on cnbc. >> all right. when it comes to fiphilanthropy the wealthy give a lot but not as much as you might think. >> how much is enough when it comes to charity? american millionaires give away about 1% of their wealth and about 2 to 3% of their incomes. buffet and bill gates have a solution. their hope is that our larger population ends up giving a larger proportion of their income. but a new study points to other possibility solutions. when asked why don't they give more, almost half said they're worried about having enough money to fulfill their family lifestyle and their kids. the second reason was markets. if markets could do better, they say, they would give more. and the third, this is the big surprising one. it's finding a cause. a third of them say they haven't given more because they haven't

walt disney created the original mickey mouse shorts starting in 1928. the first release called willie. they depicted mickey as an innocent character, an every man of sorts, but someone that liked to have a lot of fun and someone that just entertained people. not just in the u.s. he is one of the most well-known character globally. over time we thought mickey lost some of those great innocent qualities, the vitality that people once saw in him. so we decided to bring him back, not that he has really truly gone away, but harkening back to what walt did with a collection of new shorts that depict him in the ways we thought people loved the most. >> my thanks to bob iger. >>> up next, we're "on the money." it is springtime, and a young man's fancy is turning to thou >>> can attention to details of our national pastime bring around a grand slam? my next guest used baseball to beat them at their own game. he turned what he knew about stocks to sports, a story he tells in "trading bases: a story about baseball, wall street and gambling." you made quite a caree

how disney is making money in its revisit to the land of oz, and more. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas good morning.it's thursday, march 21st.i'm angela miles. in today's first look: the dow hit a fresh high on the fed. the blue chips rallied to 14, 547 following the fomc anouncement that interest rates will remain unchanged. the market also shrugged off concerns about cyprus. in the end the dow gained 56, nasdaq up 25, s& p goes for 11 points,gold down 6 and oil up a $1.08 oracle shares took a hard hit last last night, falling around 5% after missing on revenue. and according to a report.. cvs requires its workers to disclose their weight when applying for health insurance or pay a $600 fine for coverage. the company says its insurance program is evolving. joe cusick of optionsexpress joins us now and talk about some fallout from the fed. the market had a rally going and was able to hold on to that rally. what do you think is likely to happen today? will there be follow through? > >it's gonna be ver

disney calls it more a reinvention. s >> there's no place like home. >> reporter: classic lines, classic footwear. "the wizard of oz" is beloved. according to the library of congress, more people have seen the 1939 musical than any other film. now 74 years after dorothy left oz, disney is revisiting the yellow brick road with "oz, the great and powerful" billing it as a prequel. >> it sets up a lot of things that happened in the story we are familiar with. >> reporter: the new oz isn't a musical. what it lacks up in show tunes it makes upper for in effects. disney is begt heavily on the gamble spending an estimated $200 million just to produce it. what's at stake for the studio? >> for them this is a big deal. this is iconic property and they have a lot of money on the line. >> reporter: major money and creative hurdles. while the oz books by l. frank baum are in the public domain. warner brothers own it is rights to the film. so several story elements like dor any's ruby slippers are off a limits to disney. >> the disn

a look at just how much the land of oz could bring in for disney. issue that tells you when you are being too lazy. a look at who will. ♪ today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna ? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of amersiemens. answers.ies. ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ♪ david: well, disney's os the great and powerful racking up big bucks this weekend with a total of 150 million in ticket sales worldwide posting the best north american opening of 2013. liz: does the wizard

paying iger $40 million in total compensation in disney's fiscal 2012 year. >>> disney won't comment.inting to its record. since iger became ceo in fall of 2005, stock has gained 138% compared to the s&p 500's 25% gain over the same period. in its last fiscal year, disney reported record revenue and profits. we expect all ten members of disney's board to be re-elected. but we'll have to see if the effort to change iger's role or compensation draws enough votes. we'll bring you all the latest on disney's shareholder meeting on cnbc and nbc.com. back to you. >> we'll follow that story as julia says. >>> also still to come, the dow's hit a fresh all-time high. >> is the index set for even greater heights, or is a correction in the cards? oh this is lame, investors could lose tens of thousands of dollars on their 401(k) to hidden fees. is that what you're looking for, like a hidden fee in your giant mom bag? maybe i have them... oh that's right i don't because i rolled my account over to e-trade where... woah. okay... they don't have hidden fees... hey fern. the junk drawer? why would the

. >>> es que se le cumplio uno de sus sueños, trabajara para disney en ralf el demoledor. >>> en cuantopodamos hacemos la segunda y enn esa ganamos el ocar. >>> penelope es un personaje víctima de bullying. >>> en la escena donde estaba llorando y bque me voy muy triste, yo llre tanto que tuvioeron que parar la grabacion 10 minutos. >>> pero se lleva la enseñanza de ser positivo. >>> quiense quiere superar lo puede hacer. >>> a pesar del mensaje de twitter en su mal momento. >>> la vimos positiva y muy feliz. >>> los ultimos años fueron maravillosos, trabajar para disney es lo máximo para una dobladora y luego a loso62 años que de den la chance de bailar es maravilloso. >>> los cerdos son buenos para nadar, perú para surfear?. >>> vemos a zorro una mezcla de cerdo y jabali que matt, en nueva zelanda, le enseña a surfear en olasm de ehasta 40 kilómetros por hora, los cerdos no pueden volar, pero si correr la tabla. >>> los dejamos con el noticiero. nicolÁs maduro hizo varios anuncios con respecto al funeral. >>> buenas noches. y comenzamos con esta noticia que tiene sorprendidos a muchos

disney wants more advertising. the maker of the da-vinci surgical system, intuitive surgical continued to see big swings for the second day in a row. analysts came to the defensive of the company after the food and drug administration announced it was looking at the company's safety data. shares rebounded eight and a half percent after a big drop yesterday after the f.d.a. disclosed its probe. at least three investment all five of the most actively traded exchange traded products were higher. even with the small gains in the broad market, the s&p 500 short term volatility note was also higher, gaining 1.5% and that's tonight's market focus. >> tom: it's begun. taxes have gone up and government spending growth will come down. while painful, our friday market monitor thinks the sequester's spending cuts will ultimately be a positive for the u.s. economy. randall eley is president of the edgar lomax company. he's in washington where the sequester is hitting here tonight. how about the debt debate now, randall? does it

when that called was made to disney to say, hey, we can fill that spot, they rose to the occasion and i look into your eyes >>> 'n sync became the new teenage heartthrobs. ♪ god must have spent a little more time with you ♪ >> we had a good time. >> but behind the success, distrust was brewing. between 'n sync and lou pearlman. >> when you're getting up at 5:00 in the morning going on the radio and spending 24 hours on the job and someone else is at home going to the steakhouses and making 75% of the money, all of a sudden it's like, wait, something's got to change. >> we were generating so much revenue and the stuff. where is all that money? >> perlman had taken 'nsync to the top of the charts, but in 1999, when the group wanted to switch record labels, perlman sued, threatening to take the band's name and block them from performing. 'nsync countersued. >> it was scary that if we separated from lou, we would lose johnny wright and we would lose all of our connections and the record label, we would lose all of these things and, you know, end up back at square one singing, you know, at

hope will send me to disney world i confronted her dad he said to me ain't life ain't life a bitch. you know how long i've been living with this he called me and he was a spike while he was on the show why did you tell people to eat i'm positive you shouldn't do that how do you think i'm going to look so is like who says like one though he does as i when he hears asked why it's on the magazine our science on the hill just get upset like he's not supportive of wired so as raven grew into her teens life with her mom became strained they took thirteen i always tell people i did try taking my life away me my mom started making really auguring make isis i get really mad i had it was just it was a lot to me at that i say my teenage years was like my. cancer isn't like sixteen seventeen i had to make realize like you know even. your mom didn't do something because you know she didn't know at the time and i had to realize i had to put my family sense into this like. i was born with that i did x. that is you know i can't be mad at my mother what can she do you know let me make make it make y

why were traders betting on disney calls? scott nations with the magic answer. the action begins right now. live from the nasdaq market site in new york city's times square, i'm melissa lee. volatile week for stocks ends on a positive note as the dow closes near session highs, but a big warning sign for investors, the transports, sector leading the market's massive rally posting the worst week of the year. fedex, the culprit there. is this a warning sign? let's get into the money right now. to t let's go to kate kelly with reporting that the d.o.j. is in advanced investigation into a probe. kate? >> jpmorgan disclosed that it was being looked at by the d.o.j. in connection with the london whale losses, but we're hearing that that investigation on the part of the d.o.j. is now in an advanced stage and they are honing in on the london whale traders who were over in europe and putting together the trades that made up this synthetic credit portfolio that got jpmorgan into so much trouble, $6 billion in losses. we understand that issues at play here are the marking o

always sick and i thought i was going down oprah just like well how about if i send you to disney world or something and hope i didn't move and then went there i always wanted to go there and irish eastern hope was send me to disney world and i confronted her dad he said to me ain't life life a bitch. you know how long i've been living with this he called me and he was his bike while he was on the show why did you tell people to eat i'm positive you shouldn't do that how do you think i'm going to look so is like who says like one though he just as i when he hears asked why it's not on the magazine our science on the hill just get upset like he's not supportive of lads. as raven grew into our teams life with her mom became strained they took thirteen i always tell people i did try taking my life away me my mom started making really arguing make isis thank it really matter had it was just it was a lot to me at that i say my teenage years was like my most lucky i. got to the age of rank sixteen seventeen i had to make realize like you know even. your mom didn't do something but you know sh

in fact, disney has nearly doubled since october of 2011. i asked iger about what he fended off earlier on "closing bell." >> i think that this was essentially a cause searching for a problem. the walt disney company has been a great performer for now quite a long period of time, good solid seven years. we do not have any governance issues. we have a board that is very independent. fiercely so, as a matter of fact. 90% of our board. nine of our ten members are independent. >> iger may have hit on something when he said this was a cause searching for a problem. my take, activists are great when needed but making noise just to make noise cuts into the credibility of those trying to do a good thing for shareholders at companies that do in fact need a push from the outside. that'll do it for us for tonight on "closing bell." thank you so much for joining us. i'll see you on thursday. "fast money" begins right now. have a great night. >>> live from the nasdaq marketsite in new york city's times square, i'm melissa lee. here's what "fast" is follo

. >>> disney ceo bob iger in the hot seat today at the company's annual meeting. activist shareholder groups questioned his dual roles as ceo and chairman and carped about his compensation. iger took home more than $40 million last year, but most shareholders gave him the thumbs up for boosting disney stock by 138% during his tenure. the activists lost on every issue. disney shares lost 12 cents, down from yesterday's all-time high. >>> shares of staples tumbled today, even though it reported better than expected quarterly earnings. it beat by a penny, but revenues came in lower than expected, and the office supply retailer also warned that four-year earnings will come in lower than expectations. the stock got slammed, down 7% to $12 and change. >>> an icon to dell, not so fast, financier carl icahn reportedly taking a 6% stake in the computer-maker dell. reports are that he doesn't really love founder michael dell's plan to team with a private equity firm and take the company private. icahn favors a different tact and has a different company, southeastern company

you know many people believe in copyright but it can be very oppressive and i don't agree with the disney decision at all right so we have some common common ground here in terms of copyright as is currently in aerated is what lawrence lessig would call perpetual copyright and it's extremely damaging to artists because what happens is that ideas end up being perpetually locked up behind corporate firewalls and this isn't doing anybody any good so i mean it seems as though we agree on that's not part of this this debate well i absolutely agree but i think that art is sometimes make very foolish decisions like signing to a major label like one of the reasons we call ourselves thievery corporation is that we're a d.i.y. company we never signed to a major label we own our copyrights we set up our own distribution networks and we financed everything we bootstrapped it and financed everything for a self we never sold our souls to any major label or any large corporation we're we're sort of a mom and pop you know four man operation with an engineer and we pay health care and salaries you know so

hope with them into disney world i confronted her dad he said to me ain't life ain't life a bit you know how long i've been living with this he called me and he was just like why he was on the show why did you tell people to eat i've been positive shouldn't do that how do you think i'm going to look so it's just like who says like one though he just is right when he hears what you thought on the magazine our science on the hill just get upset like he's not supportive for all of. i'm glad though as raven grew into her teens life with her mom became strained they ate at thirteen i always tell people i did try taking my life away me my mom started making really arguing and i says thank it really matter it was just it was a lot to me at they asked me my teenage years was like my most lucky. i got to the age of like sixteen seventeen i had to make realize like you know even . be a mom then do something but you know she didn't know at the time and i had to realize that i had to put my family sense into this like. i was born with that i did x. that is you know i can't be mad at my mother what c

hope listening to disney world i confronted her dad he said to me ain't life and life will bitch. you know how long i've been living with this he called me and who says mike while he was on the show why did you tell people to eat i'm positive you shouldn't do that how do you think i'm going to look so is like who says like one though he just is like when he hears asked why it's on the magazine our science on the hill just get upset like he's not supportive of lads. as raven grew into our teams life with her mom became strained they took thirteen i always tell people i did try taking my life away me my mom started making really auguring and make isis i get really mad i had it was just it was a lot to me at that i say my teenage years was like my most of last year. and i got to the age of like sixteen seventeen i had to make realize like you know even. then do something but you know she didn't know at the time and i had to realize i had to put my lily sense into this like. i was born with that i'm actually this you know i can't be mad at my mother what can she do you know let me mak

news is owned by disney. >> ladies today is our day, international women's day, an annual celebration of women's political, economic, and social accomplishments. organizers say thousands of events are held throughout the world to mark the occasion. as far as the state of women in the world, there is good and bad news. women are earning more money, running more countries, and out living men on average by 5 to 10 years. women are still paid 10 percent to 30 percent less than men. they only 21 women c.e.o.'s in the fortune 500. but that is growing. it is fitting we have lisa here for mike nicco, with the all female cast this morning on the international women's day. >> good morning, lisa. live doppler 7 hd showing the rain continues to diminish around the bay with a few showers offshore here and the culprit is headed into southern california. so, here is a look at our radar and satellite composite, in southern california for the weekend, watch out because we have mountain snow, and his 5 is closed with good rain from santa barbara, and in the southern sierra, yosemite, low 40's the and l

by corporations like disney which is lifetime plus seventy five years of copyright protection protection where do you fall in terms of copyright law what do you believe should be the correct law for copyright i think you'd be surprised that our views on copyright are fairly similar i think there should be limited copyright probably the original statute in the constitution i think the disney ruling was pretty ridiculous. you know you shouldn't have lifetime plus seventy years you know copyright is important i do believe there is copyright i mean even noam chomsky copyright says material you know many people believe in copyright but it can be very oppressive and i don't agree with the disney decision at all right so we have some common common ground here in terms of copyright as it's currently in aerated is what lawrence lessig would call perpetual copyright and it's extremely damaging to artists because what happens is that idea is end up being perpetually locked up behind corporate firewalls and this isn't doing anybody any good so i mean it seems as though we agree on that's not part of

you know many people believe in copyright but it can be very oppressive and i don't agree with the disney decision at all right so we have some common common ground here in terms of copyright as is currently in aerated is what lawrence lessig would call perpetual copyright and it's extremely damaging to artists because what happens is that ideas end up being perpetually locked up behind corporate firewalls and this isn't doing anybody any good so i mean it seems as though we agree on that's not part of this this debate well i absolutely agree but i think that art is sometimes make very foolish decisions like signing to a major label like one of the reasons we call ourselves thievery corporation is that we're a d.i.y. company we never signed to a major label we own our copyright. we set up our own distribution network and we financed everything we bootstrapped it and financed everything for ourselves we never sold our souls to any major label or any large corporation we're we're sort of a mom and pop you know four man operation with an engineer and we pay health care and salaries you know