we mentioned "john carter" and now "lone ranger."but the studio is important to disney generating all kinds of ancillary possibilities, doesn't it? >> i think that bob iger quite correctly regards the studio as the creative engine for the entire company. we're seeing that at the parks, certainly at things like cars land. you know, he's done a great job with the studio, albeit a considerable expense on the m&a side with pixar, marvel, and now, you know, "star wars." and it would be great to get another "pirates of the caribbean." you have to take a risk sometimes. this looks a bit of a whiff. certainly, this isn't something we'll see every year. it was amazing, people sometimes forget disney actually had a write-off two years ago on another "mars" movie, "mars meets moms." so hopefully, we won't see this every year, but in the grand context of everything, i don't think it's very material at all. i think everyone is well aware -- what matters now is china, middle east, the currency boom, the economy, ad market, et cetera. >> got it. th

remember john carter. an inordinate amount of money and they barely make back 20%.tings from both. an analyst to has a neutral rating on disney. credit suisse analyst telling giving it an outperform. you first. and outperform, which you just recently made that call knowing how a lone ranger would do. why is that? does this not concern you? >> thank you for having me. you know, just beyond perform, maintaining our rating. we understood that the lone ranger was out there. this movie stems from the previous regime which was replaced shortly after john carter. so the movie has been tracking forward for months. we are looking at at our outperform rating promising on catalyst's and also, the strength, the espn asset, lucas' film coming out of the the next couple of years. a number of other ms as they have made in theme parks. so the bigger picture is really the driver behind it. liz: let's get to the numbers. so an estimated $250 million to make the lone ranger. okay. that in and of itself as the production cost. 1,705,000,000 in a marketing budget is huge. what did it ma

a lot of people are using the "john carter" reference. it's probably not going to be the biggest bomb of the year, but it's going to be one of them. - what went wrong here? was it a demographic issue with younger generations maybe not connecting? what do you think? - there are so many different theories and whatnot. i'm sure for every theory you could come up with you could probably offer a counter-argument as well. the demographic thing... disney is just going to be watching its budget from now on. it was already shut down because of a $250 million budget at one time. they got it down to around $215. that's still very high for a western. but these are the people that did the "pirates" movies, came up with $3.7 billion in grosses for the "pirates" movies, so they gave them carte blanche and let them do what they want, and they paid the price for it. - some people are saying we might see some more safer sequels coming from disney. - like "iron man 3?" the $1.2 billion movie that came out this year that disney is making tons of money on in

when they did the "john carter" movie, they did not have a movie offsetting that. "despicable me" was a sequel. this one is 80 years old. dagen: i cannot wait for "pacific rim." dennis: you were thinking about the guy and i was thinking about the big machines. dagen: exactly. thank you, dennis. dennis is not going anywhere. cheryl is coming onset. the jobs numbers, why we need to do better in this country. to money managers squaring off for the topics. markets now. more after this. ♪ n investor be a name and not a number? scottrade. ron: i'm never alone with scottrade. i can always call or stop by my local office. they're nearby and ready to help. so when i have questions, i can talk to someone who ows actly how i tre. because i don't trade like everybody. i trade like me. that's why i'm with scottrade. announcer: scottrade- proud to be ranked "best overall client experience." dennis: it is high noon. happy friday. i am dennis kneale. cheryl: i am cheryl casone. dennis: the summertime showdown. some of our top stock picks bring their place to the markets right now.

>> i tell you, this is wow territory, these write downs are approaching john carter write down, they talking 115 million. neil: what was ishtar in da dollars. >> i don't know. neil: i got you. >> disney does not care, it is a big gamble, they risk having a titanic movie hit with toys or a sequel orelon ranger -- the lone rangers rides the pirates of caribbea in the amusement parks, they thought if they throw off all other money. the movies are about 13% of their revenues, they make money from tv, and entertainment you know parks, entertainment amusent parks they have. neil: scott, i said in movie previews and the like, you know shing johnny depp and lone ranger, the game figuring touting, you know that tonto character and pirates of caribbean character in the same game, maybe in the en not lose as much money on this and. >> maybe not. i can't believe they make a guy like you sit there movie previews. >> when you have two sons that the price. >> that is criminal. neil: i tried to leave them alone in the theater but it is risk i. >> it was a tough summer. think about it, man "man of st

this could be a flop along the lines of john carter. a $200 million charge.this, all of the brand new product and what turns out to be a brand new character and go up against sequels. that bill tin fan base. and cell waiting for the sequel. kind of stole the thunder of a family movie. i wonder who is going to vacuum know, there is speculation that maybe they can manage to pull up. got off to a really bad start. ran fourth. now it has done so well that it is lookingore. neil: a lot of these funds depend on how well they are received a broad. doing very well abroad. >> the love the idea of blowg up the white house. neil: that's what makes it it. did you think that that is what this movie is? >> unfortunately when you go overseas they don't have all of that heritage of the lawn ranger. turns out that the film has to be good. 20 percent positive ratin very low. this film runs two hours and 28 minutes. so with trailers and transports, you talk about the three and half hour time shelf the you will never get back. neil: thank you very much. good seeing you. well, th

. >> estaba john carter de texas, sam johnson de texas. >> sí y llegaron a un acuerdo. >> y muy diversoogía diversa y por eso yo creo que eventualmente vamos a poder conseguir que la mayoría de la cámara y la mayoría del senado lleguemos a un acuerdo. >> muchos republicanos están insistiendo en la seguridad en la frontera, en estos momentos la frontera está más segura que nunca. el senado acaba, prácticamente de duplicar el presupuesto y la cantidad de personas que están resguardando la frontera ¿qué es lo que quieren? ¿qué más quieren aparte de lo que ya hay para mantener a la frontera segura? >> sí. el pueblo americano, y en todas las encuestas lo demuestra, demócratas, republicanos, independientes, liberales, conservadores, no creen que la frontera está asegurada ¿por qué no creen que la frontera está asegurada? porque hay 11 millones de personas aquí, algunos que cruzaron la frontera, otros que llegaron a través de vías. >> claro, pero en los últimos años se ha disminuido a una mínima parte la cantidad de personas que han entrado. >> sí, pero todavía, todavía nadie puede discutir de

is the disney movie said to be this summer's john carter disaster? the story.the spark miles card from capital one, bjorn earns unlimited rewas for his small business takeheseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here's your wake up call. [ male announcer ] get the spark buness card from capital one and earn unlimit rewards. choose double miles or 2% cash back on every purase every day. what'sn your wallet? [ crows ] now where's the snooze button? ♪ cheryl: okay. so big bucks. national pride at stake in the wimbledon tennis men's semifinals. the first match. 2011 champion defeating argentina. the second semifinal happening right now. poland's jersey generals is facing off against britain's sound homegrown homeboy. now, he is trying to become the first british man to take the singles title since 1936. he won in a big gold last year. the current u.s. open cha

in terms of the poor performance. >> and to point out "john carter" that meant nothing on the stock dip as a result of john carter, you would be happy owning disney shares. >> but critic says that anything not marvel or pixar-related will do well. even though stock has done fantastically as we know. >> and you have to wonder how much of this is broader hollywood theme with spielberg and lucas who said a couple of big misses for the studios for the entire model and the industry to be called into question. and perhaps disney does not suffer as much, because there is concern out there more broadly. >> and the parks and the espn who are the key drivers of disney, and there are pure drives out there when you look at the likes of cable warner, and the net cable studio, and fox to a certain extent now, which is trading up sharply now, and look foing for the news, an fox is now of course, a member of the split company and we have news corp. which is publishing assets and fox which is the broadcast cable and the studio. there's a look at that. seems to have the nationwide sports network of c

it would become another "pirates of the caribbean"-sized hit, but the film is looking more like "john carterh cost disney $200 million. "the lone ranger" grossed $73 million worldwide on a budget north of $225 million. barton crockett projects disney will take a $190 million write-down on the film. shares are immune "stop trading" at an all-time high. the film has yet to open in over 70% of international territories so we'll have to so if it can overcome the fact that westerns tend to perform poorly overseas. sue, back to you. >> thank you very much. ty? >> ready to pass it on to josh lipton. the baton is handed off. check oat netflix reshaping how hollywood does business. studios see it as a means of financing project or launching new programs. saying also that warner brothers and cbs are considering making original programming for netflix. that stock up more than 2%, up about 150% so far this year. sue, back to you. >> josh, thank you. rights rates the topic right now. the ten-year yield hitting a 23-month high of 2.75% before retreating. right now we're holding at 2.65% and as yield go up

. >> and there's a scapegoating process where "the lone ranger" or "john carter" becomes the lightning rod of the criticism of the industry. >> well, at this time there may be four of these catastrophes financially. which no other business would put up with, by the way. >> just to play a little bit of devil's advocate, you say that the business model is broken and dysfunctional. on the other hand it does seems this built into the cycle that it's kind of boom and boost that every summer there are some movies that hit big and, you know, everyone -- all of the people who made them and green lit them pat themselvess on the back for being geniuses and reading the public and finding the audience and then there are a few that are kind of the scapegoats that everyone can -- >> well, if you've got four or five it's more than a single scapegoat. it's looking like a trend. when steven spielberg and george lucas say on a panel-- as they did two weeks ago-- "there's no room for us in this industry" for the little art films they like to do. (laughs) >> something is screwy. now the irony is that they

would another john carter-like bomb stall disney's stocks and others who say stocks are being pointedr from now, next july. okay, and one of the world's wealthiest men is with us today and is back here with us exclusively and will tell us when he believes one of his biggest holdings, citigroup will raise its dividend and his ongoing battle with "forbes" about their reporting of his net worth. more hon that issue. maria and i look forward to seeing you coming up on the "closing bell." more "street signs" coming your way in just a minute though. with the spark cash card from capital one... boris earns unlimited rewards for his small business. can i get the smith contract, please? thank you. that's three new paper shredders. [ boris ] put 'em on my spark card. [ garth ] boris' small business earns 2% cash back on every purchase every day. great businesses deserve unlimited rewards. read back the chicken's testimony, please. "buk, buk, bukka!" [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose 2% cash back or double miles on every purchase e

people are saying hello "john carter" again but disney stocks had a good ride. >> the theme parks have's bring in herb. seeing a big jon drop for a stock you've been following very closely. >> world acceptance, a subprime consumer lender, first wrote about it one year ago because it had a 200% annual interest and a number of red flags flying over the company. the stock is taking a hit right now because for the second time in july -- actually the second time in the past month the company has delayed the filing of its complete 10k. they say they need additional time to analyze loan loss reserv reserves, an estimated number. a lot of interest in this company but the stock has been rising because they have been buying back so many shares so we'll see how this goes. they say they expect to file their final documents by the end of this month. >> how much of a red flag is the delay? >> it depend on the company. always a red flag. >> come on, when you see a delay here, don't give me that nonsense. when you see a delay. >> case by case. >> it pops up on herb's desk. >> this one is a big one bec

house down the cannot week ago, this could have a right out for disney upwards of $200 million for john carterlm is said to have cost upwards of a quarter of a billion dollars to make and comes in at $9 million, originally having -- charles: how you get that? >> special effects. >> do you say we got johnny depp in the process? >> hours of the caribbean, films or five films, billion dollars, and jerry burke, those guys are a money machine so you figure you give them a big budget and special effects and revive an 80-year-old character, but western's don't do as well as other things at the movies, the biggest debut for western was cowboys and aliens, $36 million and that at aliens. >> you can integrate technology and get people into the latest version of it and this is a lot harder and despicable me ii looking at a family holiday weekend a lot of parents looking to gather of a heat. charles: isn't johnny depp a hit or miss? could be big? two bonds and row. >> this one and another film before it, the dark shadows, the parity of that. charles: another show, 6-year-old show. someone is going deep in

. >>> it could be john carter revisited for bis any and the lone ranger.a in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. hooking up the country whelping business run ♪ ♪ build! we're investing big to keep our country in the lead. ♪ load! we keep moving to deliver what you need. and that means growth, lots of cargo going all around the globe. cars and parts, fuel and steel, peas and rice, hey that's nice! ♪ norfolk southern what's your function? ♪ ♪ helping this big country move ahead as one ♪ ♪ norfolk southern how's that function? ♪ your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable

you know, disney -- disney could take a write off upwards in the john carter.d they will be on par with that. >> the biggest it did take this summer. some of these other guys are truly embarrassed. they got ripped. the 17 million. connell: another movie. dagen: that's one of the biggest cost close to of -- connell: 120 make. so hard to see any of those of you watch a few minutes of the previews. >> twenty iphones with nine things your budgets all competing, sometimes opening the same weekend. a couple of these films is set try to space them out. dagen: nothing to do with what you just talked about. watch the crash real, the documentary on hbo about the snow border kevin pier sue was injured and had a dramatic brain injury and basically it's about his recovery and his family. connell: that would be a total on secular. dagen: unbelievable. i wanted this past week. connell: there could be a reason. television is getting better and better. dagen: i agree with that. breaking bad is coming back. connell: speaking of, more dennis kneale straight ahead. >> two hours. t

bryan, carter and john wayne, if he were alive, star in "more gold, more money."eneral audiences. >> before you start buying tickets on fandango, let's see how much money was made here. had you bought the gld at the time of the trade, you would have made 10%. brian captures the full value of the spread and that was almost 80%. should you hold gold going into next week? let's call to the charts with the man who made the golden call in the first place. carter, what do you see for gold? >> we like it long here. let's look at the charts. this is the last year or so. we know gold has plunged from 1,800 down to 1180. it really got ugly and dropped 15% in about three days, $170 an ounce from 1,350 to the 1,180 low. will you spend a little time stuck here to those people are content to get their money back and they're wanting to get out. you remove the supply and you can advance further and we think ultimately where we're going is up back to the channel that it was in before the really ugly staff started. we think, 1,395, 1,400 and at that time it's time to basically call

they set up the senate parliamentarian's office in 1937 to tame that particular vice president john nance carter. >> one other thing, efficiency good. inherently we don't want an efficient one that works slower so the american people participate because we have the idea of the governed. you show up, vote, that's the we want to hear from you. that's what really should happen a process that's ongoing. people get to talk to the members of congress and say, nominee that's coming up, here's my feelings about that nominee. senate,ave an efficient that will deteriorate. and you think about taking it to conclusion, why do they need to do it at all. why not just let the leader take he wants and not have debate. have votes and have vote on all nominees, vote on whatever legislation and approved amendments that you want. and i think the answer to that we don't want the senate to work like that. that.never worked like it's been a good institution. the american people look at congress and they don't like the the senate. i think one of the functions of that -- i mean, it's legitimate look at congress and see

brian, carter, and john wayne, if he were alive, star in "more gold more money."general audiences. >> pg13? before you start buying, take us on fandango. at the time of the trade you would have made 10%. that's want bad. brian's trade expired last week, and that was the return of almost 80%. not bad. this was a big week for gold. jobs report and the fed. should you hold gold going into next week? let's follow the charts. the man who made the golden call in the first place. carter, what do you si see for gold? >> like it long here. let's look at the charts. so this is the last year or so. we know that gold has plunged down to a low of 1180 where we've seen this ricochet. what's key here is it really got ugly, and really dropped basically 15% in about three days. $170 an ounce and now we've had that ricochet. you will in principle spend a little bit of time stuck here contending with these people who are now happy to get their money back. they didn't dump here, but now they've gotten their capital back, and they're wanting to get out. after some time, though, you re

brian, carter, and john wayne, if he were alive, star in "more gold more money." general audiences. >> pg-13. all right, before you start buying tickets on fandango, let's just see how much money was made here. you would have made 10%. brian's trade expired last week and captures the full value of the spread and that was a run of almost 80%. not bad. this is a big week for gold with the jobs report, so should you hold gold going into next week? let's call to the charts with the man who made the golden call in the first place. carter braxton worth. what do you see for gold? >> we like it long here, but let's look at the charts. this is the last year or so. we know that gold has plunged from 1,800 down to a low of 1,180. what's key here is it really got ugly and dropped 15% in about three days. now we've had that ricochet. you will in principle spend a little bit of time stuck here, contending with these people who are now happy to get their money back. they didn't dump here, but now they've got their capital back there wanting to get out. so after some time, though

. >> last year, john carter. 200 million, $300 million project. is disney doing something wrong? section year, almost repeating itself. showing our obsession with doing things, repeating them over again. a critic said are writers getting lazy? lone ranger before. we know the movie, and they are doing all of these remakes, hey, let's troy to hold on to what the trend is. is this working? maybe not. >> maybe this is a sign of that. the hope is that international will do well, but usually western movies don't do well. even with johnny depp. >> he is great, by the way. >> a lot of great movies coming to the u.s. >> i don't like this. every year. it is the hot dog eating competition. i can't -- every time i see it i think of the smell of hot dog water. ever smelled that? >> one of those you don't want to watch, but you do watch. the women, how to they do it? >> is this a job? i want to get my family members into it. they are eating for free. i'm not a big fan of this. not that healthy, but a lot of joy to the winner and the people there. this is the area that was hit by sandy hook. it

. >> pelley: john blackstone on how it happened. carter evans with the mother of me of the men who were lost. >> he wanted to be a firefighter hot shot all of his life. y: timley: time is running out on egypt's first democratically elected president as the el d istary makes a threat. clarissa ward is in the middle it.it. and 150 years ago today the battle that saved america. chip reid returns to gettysburg. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. 61 of the nation's best firefighters were overwhelmed yesterday as they defended the yar of yarnell, arizona. the unit known as the granite mountain hot shots was wined out except for one lone survivor. the yarnell fire has incinerated more than 700 homes in a town of 200 people northwest of phoenix. these are pictures of the granite mountain hot shots in may last year. hot shots are elite teams that meet arduous training and fitness standards, the equivalent of wildfire swat teams. this is chris mckenzie, one of the ban in the mountai

john blackstone on the unpredictable fire. un carter evans on the men who were lost. >> i want people to know they are heroes, that they are loved. that they will be missed. >> a three-year-old is caught in l thstody battle that went all the way to the supreme court. elaine quijano on the emotional case. and they show their love of country week after week. >> they're happy to have that reminder that this is their country. freedom's not free. .> michelle miller introduces us to the freeport flag ladies. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. ng sponsored by cbs >> good evening, scott is off tonight. i'm norah o'donnell. a showdown in egypt could be i' just hours away. late tonight a defiant president dehammed morsi went on state tv in a 45 minute speech he insisted he won't step down despite an ultimatum from the military. this was the scene a short time ago in cairo. tahrir square bursting with protesters who want morsi out. those protests only grew louder after the president spoke. ntlitary leader

. >> pelley: john blackstone on how it happened. carter with the mother of me of the men who were lost. >> he wanted to be a firefighter hot shot all of his life. y: timley: time is running out on egypt's first democratically elected president as the el d istary makes a threat. clarissa ward is in the middle it.it. and 150 years ago today the battle that saved america. chip reid returns to gettysburg. captioning sponsored by cbs this is the "cbs evening news" with scott pelley.

he and president carter were campaigning hard for every vote. >> in october 1980 john hinckley gets within reach of jimmy carter at an event in dayton, ohio. >> one week later hinckley is in nashville, tennessee, still stalking carter. when hinckley leaves, airport police find several guns in his luggage. >> he was arrested. never fingerprinted and photographed for carrying a weapon and the information was never sent to the secret service. >> they took the weapons. he paid a fine. that was the end of that. >> within days hinckley is in dallas where his sister lives shopping for more guns at rocky's pawn shop. he buys two revolvers for $98, including the one he will use to shoot president reagan. >> he purchased it legally at the time. caliber .22. it's a light weight snub-nosed handgun. >> had he actually gone to firing ranges. he had been trained, or given himself training. >> john hinkley took a lot of target practice. he took a lot of target practice. >> he never shot at moving targets. when jerry is moving that president towards the open limousine door. >> on december 8th, 1980 john hi

john blackstone on the unpredictable fire. un carter on the men who were lost. >> i want people to know they are heroes, that they are loved. that they will be missed. >> a three-year-old is caught in l thstody battle that went all the way to the supreme court. elaine quijano on the emotional case. and they show their love of country week after week. >> they're happy to have that reminder that this is their country. freedom's not free. .> michelle miller introduces us to the freeport flag ladies. captioning sponsored by cbs

it >> we see president carter in the background. and president john f. kennedy.utation of asking president's tough questions. >> helen had strong vows. but she kept them private in the since of working for upi. you couldn't look at her copy and think she was taking one side or the other. she was a good wire reporter in that respect. when she left upi she pecame a columnist and you can so the tronning vows. she was of lebanonese descent. and she felt strongly about israel and that place in the world. but i empsidewaysel ep in as a reporter would you know how she felt. >> it is interesting thaw mention her background. it was her comments about jews that may have led to her retirement. she said jous should get out of palestine and go home? >> i supported her from the stand point to go to the organization to a lev i can't tell her pain. she was 89 at the time. it was a hot day in the white white and a rabby on the street asking people how they felt about israel. he didn't dislike helen and she blurted out, the jous should get out of palestine and go back where they c

deford, garrett zuppiger, grant mckee, jesse steed, joe thurston, john percin, robert caldwell, scott norris, sean misner, travis carter, travis it your byfill. we'd parker, billy warneke, kevin woyjeck. >> andrew ashcraft had a wife and four young children. he was 29 years old. chris mackenzie was like so many the son of a firefighter. he loved snow boarding, living life to the fullest. chris mack ken zee was 30 years old. clayton played football, knew what a ground battle looked like off and on the gridiron. dustin was 242, loved the outdoors and loved to hunt. jesse steed served in the marines before becoming a firefighter in 2000 and became a hot shot in 2002. he was 36 years old and leaves behind a wife and two young kids. scott norris was 28, worked at a local gunshop, known as the ideal gentleman. sean was about to become a first time dad. he was 26 years old. travis carter at 31 was thinking about retiring this year. even younger at 22, wade parker was engaged to be married in october. billy had he live wod have become a father in december. he was 25 years old. kevin was born to be a hot shot. he is the son of

close on this topic and say thank you to the port staff and john davey who is here and erin and anita who is here plus sidney, peter daily, tom carter, the maintenance people, denise turner, a huge group effort. they prepared for it well and took it upon themselves to be out there and i appreciate all the great and -- i can't think of the word, voluntarism, for lack of a better word that they did night after night and i want to thank the ferry operating partners and the emergency water transit authority and bay crossings and mtc for coming together to make this happen so i will pause there and let you know if you have questions. i know there is a little public comment on this particular topic. no questions? okay. do you want take public comment on this topic now or wait until i go through the whole executive director's report? >> i thought you wanted to wait until everything was done. >> okay. i have quite a few more -- >> why don't we take the public comment? no. there are two. >> [inaudible] >> madam president, commissioners, ditto what monique just said. thank you to the staff and having a fabulous facility here in san francisco

carter and reagan had two each on executive nominees. when you look at president obama, you made this point, 16 for his first term. 28 projectedded this term. >> john: wow. so nearly half of all executive nominee filibusters ever have been to block obama appointees. i've got to say when they told us that this was going to be an historic presidency, i don't think this was really what everyone had in mind. now, there are two reasons for this. one, congress' enate dickishness. you can't each that. two under opportunity rules all you need to do to filibuster is saying, "i'm going to filibuster." you don't have to stand there for 15 hours, hold your pee, read the phone book. it's like a golfer standing at a tee and turning to his caddy and saying i plan to hit a hole in one. why don't you just put me down for a one. if you need me, i'll be in bar high fiving. now this current ridiculous situation has proven a little too much for some people. >> senate democrats are preparing to change filibuster, invoking the so-called nuclear option. >> john: no, no, not the nuclear option. everybody, duck and cover. >> invoking the so much called nuclear option to cha