now, iger took over for michael eisner in 2005.oversaw the acquisition, huge deal of marvel studios, pixar, lucas film all shattering box office records. he says this is an optimal time for change. iger says he will work closely to transition disney's new ceo. he runs the parks division. until yesterday he was chairman of disney parks and resource division. this was an earthquake i have to say in the business world. >> and it seemed to come out of nowhere. >> suddenly what would have been the top business story for a week, the risks he has taken and the shareholder value he has added over the past years is really unmatched. he is consistently considered the best ceo of his generation. and it's interesting, i've asked him before, there are a lot of whispers about whether he'd want to run for president or be involved in politics. and i asked him would you ever run for office, and he says i have the best job in the world running disney and now he's stepping down. so this is very energetic, talented, intelligent leader. i'm going to be

iger took over for michael eisner in 2005.e oversaw the acquisition of marvel studios, pixar, lucas film, all of which are shattering box office records. iger says with the successful launch of the streaming service disney plus this is an optimal time for change. iger says he'll work closely to transition with disney's new ceo, bob chapick. until yesterday he was chairman of the parks and resorts division. >>> the supreme court has decided the family of a mexican teenager who was killed by a u.s. border agent cannot sue for damages. the 5-4 ruling splitting along ideological lines. the border agent was on u.s. soil when he shot and killed the 15-year-old in 2010 after the teen had run back across the border into mexico. you might recall "the new york times" reported last year president trump privately recommended shooting migrants in the legs to slow them down. >>> peter nigard is stepping down as chairman of his fashion empire hours after the office was raided by the fbi. he's facing allegations of sex trafficking in a civil

that's eisner's yes here we can see lesions these black rings. we call them skin lesions it's a symptom of the bees all fungus. parents. and the pathogen called the cell is a tiny fungus that eats the salamander skin because they breathe and regulate moisture through their skin infected animals die painfully. the skin swab will show how badly the salamander has been infected even though it looks healthy and its skin seems intact it may already be ill. reports from scientists and then the other ones have shown how rapidly the fungus can wipe out a salamander population. was discovered there in 20083 years later studies at 3 different locations showed that 96 percent of fire salamanders had been killed in 2013 the pathogen appeared in belgium decimating the salamander population within months. scientists were worried that the fungus would move to germany and in 2015 it happened. researchers spotted it near the belgian border and since 2017 it's been found here in the valley. in the stomach. 2 years ago if you came to sample a population like this y

in la beck, i'm hal eisner, ktvu news. >>> two women are dead today after a shooting at texas a&m's commerce campus. the names of the victims have not been released. >> officers responded, and found two deceased adult females in a room. a third person, a small child, approximately 2 years old is in stable condition, was also in the room. >> all classes were canceled for the rest of the day following the shooting. texas a&m's commerce campus is located about 60 miles north of dallas. >>> the national weather service has issued a freeze watch for parts of the bay area. >> bill, chilly and that wind has finally started to die down. >> that freeze watch will turn into a freeze warning. the freeze warning is in effect for the north bay counties. most of us are not under a freeze warning, 0 or won't be under a freeze warning, but we will experience temperatures below, or at freezing. so many of us, especially in places like livermore, and concord, and parts by evergreen, out by morgan hill. the winds have died down. last night, we had winds at this time blowing about 50 miles an hour. we've got hi

disney plus streaming service, he became the ceo back in 2005, succeeding longtime chief michael eisnere largest opioid effector in the country will pay 1.6 b dollars to settle lawsuits related to the daily opioid crisis. the attorney general announced today that they've reached an agreement in principle to settle thousands of lawsuits across the country. under the deal the company will pay $1.6 billion in cash to a trust that will cover the cost of treatment for opioid addiction. the deal also calls for the company to have oversight that will prevent the drugs from falling into the wrong hands. the cdc says opioid overdoses killed more than 700,000 people between 1999 and 2017. >>> police officers in morgan hill helped deliver a baby girl last night. parents were on their way to the hospital when the frantic father to be called 911 and said the baby was not waiting. police located the family on sutter boulevard and jarvis drive just as the bundle of joy was making her way into the world. mom, dad and their new baby girl are all said to be doing well tonight. >>> a selfie at an orchard

certainly looks very different now than it did back in 2005 when iger took over as ceo from michael eisnerou can find my entire interview with bob iger as well as bob chapek, disney's new ceo, on cnbc.com back to you. >> what a great interview it was, julia i would definitely recommend viewers go there and check that out. >>> in the meantime just an observation here, the twinning in that interview. they're both wearing almost the same exact outfit. any insights >> look, the dark suit, white button-down shirt is certainly one of bob iger's uniforms, if you will when they sat down across from me i said, what's thas this pla? and they looked at each other and kind of laughed. it seems like it seems to be the look for the disney ceo job. >> julia boorstin, thank you >>> as we head to break, let's look at the biggest gainers on the dow this morning dow right now is up 303. led higher by boeing, walgreens, 3m, united tech and apple. and also a first interview on the ceo behind what's so far the stock of the year, virgin galactic, george whitesides will join us. tools, and help from pros. it's al

as reporter hal eisner tells us, the chp found the shooter and arrested him. >> reporter: that's the bus. around 1:30 a.m., it made an unscheduled stop because of gunfire. the calls started coming in to 911, passengers saying things like -- >> there was a suspect on the bus that had a gun, and had shot self-of the passengers. >> reporter: a 51-year-old woman, a colombia national was killed. five others were shot and wounded. one of those had tore airlifted to a local hospital. what sparked the shooting is unclear. what's known is the shooter had a 9 millimeter, semi automatic handgun. despite that, there were some heroes among the passengers. >> they were able to overcome this subject, and disarm him. they were able to escort him off of the bus without further incident. the suspect was left on the right shoulder, northbound interstate 5. the driver drove the bus to the very next exit, which is here at grapevine. >> reporter: authorities say they don't believe the shooter knew anyone on the bus. they don't believe this was a terror incident. moments later, the suspect was arrested, an

a lot of people said oh, you know, he is so smooth, he is not as aggressive as eisner. is he up to the job? he most certainly is if you judge by investor returns. then he put out the book, if you remember a few months ago, a lot of people were surprised, sort of 15 years, almost of a look back at being the helm of disney and a lot of people saying that is odd this book was published. i think obviously he telegraphed at some point he would step down. today is the day, you can see post-market, a lot of people will miss him especially those investors who bought back in 2005. melissa: right. absolutely. of the transformational ceo. he he is someone studied at business schools around the world. he really took this company, brought it into the next age in media and returned so much to investors. you know, really looking at it. interesting day to roll this announcement out. connell: you're talking about coronavirus. maybe he is going to south carolina for the debate tonight. that is our next story coming up. melissa: there you go. connell: i am joking. there used to be a rumor

iger took over from michael eisner in 2005 and remade disney with bold buys that paid off. >> to infinitypixar, marvel, lucas film, they brought toy story, the avengers and star wars altogether to the magic kingdom. his biggest buy, 20th century fox and film studios, $71 billion. his vision inspired theme parks with box office hits. the rise of skywalker was the $7 billion disney film last year. 40% of last year's total box office, disney films. all this content the backbone of the disney streaming service alongside new continent, hello baby yoda. the successful launch of disney plus makes this the perfect time for a change for him. was a surprise to just about everyone. he signed a contract extension a year ago. iger will become executive chairman and lead the create uf endeavors until the end of that contract in 2021. over the past 15 years, he has quadrupled the company's market cap and enriched shareholders. something like 400%. now the new ceo is bob chapek, chairman of disney's parks and resorts. a big revenue driver for disney. he's got a near-term channel. parks in shanghai and ho

. >> eisner raises a good issue. maybe the ank market is hanging on today is because once the virus is dealt with or under control the likelihood of a v shaped recovery is high over there. because of the stimulus and everything they are going to throw at it to get the economy going again. >> they have actually been throwing massive stimulus. >> we are talking about even more and you will get a v. does that make sense. >> i don't know why it is a v when we haven't seen the decline yet. look, we have had companies come on qualcomm is -- they quantify it. they say we are lowering the bottom ends of our range by a nickel they took it down to 175 or 170 on the bottom end. companies don't have a good grip on it. where it is going to hurt, where it is going to come back is when companies report next quarter and give updated guidance int intraquarter we are complacent about that it depends on your timing. if you are in the market for the next month or two. the risks are elevated if you are in the market for the next six mont

little bit of a staged transition as i said before, it was also done when iger was succeeding michael eisnere time. >> 22 months left as executive chairman back to the broader markets, down close to the session lows, 2,000 points or so >> real question going into tomorrow, has the selling been overdone enough, and have you finally gotten the market to a point where it's so stretched. i think we're close. these things never line up perfectly. a lot of indicators say we've done a lot of damage in a short period of time we should see some relief bounce attempts if nothing else >> it's hard to know enough for what when the coronavirus picture is changing daily. the cdc is telling americans they need to start preparing. >> that's why it's not really a fundamental call it's the market tactics and dynamics that say usually when we get this much selling in this concentrated amount of time, you get some relief from somewhere. >> down 7.8% from the record high. >> crazy day, crazy show >> "fast money" picks up all the coverage right now >> welcome to "fast money" everybody. we're following two major b

to 1984 where disney was lost in the creative wilderness, and sid bass went out and found michael eisnerthe company. iger did the same thing. paul: he really focused on content, intellectual property, ip as he refers to it. constant acquisitions, pixar, marvel studios, lucasfilms. off the president getting air force one, arriving at joint base andrews and on his way to the white house, no doubt, to consider last night's debate. let us continue. when we look at this transfer, it is almost like walt disney giving over the baton to roy disney when he built disney world. atl: he has actually been the company for 27 years and has done consumer products and dvds when that was the growth business, now theme parks, and he is getting the big c. to continue the transition that bob iger initiated, moving this company toward streaming video, you think about disney plus, espn plus, hulu, that is the future of the company and that is what they have to continue to execute on. anna: interesting to see despite -- you are talking about the continuation of the strategy and getting the content right and all

read news i just i remembered the days of the -- michael isner ike off it's debacle quadrupled under eisnerimagine. >> stock reinvested dividends disney total return unr iger 551% or 13.9% youthfuled compares s&p 500 up 244% reinvest dividends 9% annualized return so well under iger, acquisitions, pixar marvelr 21st century fox, lucasfilms look at acquisitions that really have led to this incredible growth at disney. >> one thing we have said repeatedly content is king their controlling the content, for a big big audience. >> consumer tastes are fickle he had his finger on pulse year after year after year a collection of pristine assets. >> interesting in time parks under pressure because of coronavirus because sentiments changing relatively -- prices going up people still going, it is interesting that the person in charge of parks is now new ceo, perhaps that was a hedge against what is coming news on parks for the year i don't know but keep an eye on that even though disney is obviously, very strong company. >> you said earlier has nearly three decades with company. >> new york city or di

that is exactly what people said about bob iger with regard to michael eisner 15 years ago. he certainly lived up. stuart: i knew him, actually. i had dinner with him one night many years ago. quite an argument. ashley: oh. stuart: different story entirely what do you make of bob iger -- ashley: you can't lead like that. >> i think he is tremendous. lauren just documented the track record. i think this is a model transition because he is not walking away as you point out, stuart. he is staying as executive chairman. he will still be involved. new guys coming in, those parks are fantastic. several rides you're able to sell independent of getting the all park pass. apparently this thing to make sabre swords sold out already for march. the parks are unique. >> becoming the biggest profit driver at disney. soon will be bigger than television. stuart: that is extraordinary. >> that happened under bob chapek. people say about what about the streaming business? the parks are the biggest story for disney. stuart: the demand to go to parks are high despite very, very high prices. no