lookout for high quality stocks that can defy the downward gravitational pull of europe, stocks like walt disneywhich is less than a dollar off its high, powered by one of the best quarterly reports of the year. disney is not just a household name, it's a terrific company that owns some of the most valuable brands on earth. one that we know is firing on all cylinders after it reported that fantastic quarter last wednesday. disney's park business on fire, and it should get even better as the price of gasoline goes down. cable properties including espn are red hot. one of the biggest hits of all time on its hands, you just saw a clip, "the avengers." a lot of cylinders to be firing on here. that's why i'm thrilled to have bob iger, the bankable chairman and ceo of the walt disney company here tonight. to talk about the quarter and what is ahead for his business. mr. iger, welcome back to "mad money." have a seat. it is always great to see you. "the avengers." it did it overnight, become the largest franchise that disney has? >> well, one of the largest. we've got a lot of great franchises. but we'

>> r&d i think is at the heart of walt disney company. if you go back to the history of walt and mary, if you look at his work in animation and realize the genius of experimentation and how important it is to invest in r&d, i think that's what our foundation is to the second piece of it is, working with people are as excited about the future as you are, and who are willing to interact and pay attention to the consumer. and that's a very critical piece but every time a new piece of technology has, whether it is the video ipod or the iphone or the ipad, i made sure that my executive, everyone on my executive team had one. and we bring all of these devices into our staff meetings and talk about what can these devices do for the walt disney company? what can these devices do for abc news, abc entertainment, abc daytime, late-night, the disney channel portfolio, abc family. what do you know about your audience? how do they get out in the field, find out. so i actually think all of these pieces are critical to building a business model. and unde

. >> walt disney planea contratar a mile sistema de veteranos de guerra . >> también diseñara un programa

abc is part of the walt disney company and, of course, part of disney is mickey mouse. >> we mention that because tomorrow marks the 84th anniversary of mickey premiering in his first cartoon. it was called "plain crazy" and debuted way back in 1928. >> i was just a kid. mickey didn't go over too well, but walt disney kept at it and, of course, the rest is history. or you can say things only get better for mickey as all these years have rolled along. from everyone in the building, we are -- send our love and happiness and loyalty to no one except mickey mouse. >> we love you, mickey. >> for so many reasons, mickey. the check clears on friday. >>> coming up next -- trading in a mop for a cap and gown. one very inspiring college grad. >>> cracking down on walking and texting. the dangerous practice could get you into some big trouble. you're watching "world news now." >> announcer: "world news now" weather brought to you by pantene. h oh ♪ you see it in the brush... ♪ oh oh oh oh ooh oh ...and then there's the pillow. ♪ i dare you to dare me so they dared me to try this pantene. [ fema

and walt disney began buying land in what eventually became disney. imagine if the president or christian said no, we must protect the swamp land. no one will come to south florida and visit the swamp land. great discussion . next week wayne rogers will pick the topic and debate 15 minutes. i thought it was so obvious. all right. thank you guys very much. >> all right. everybody. coming up. >> stay at home momes charging against the government crab on their credit card. should they win the regulation and the white house said to promotey living . is it a new 18 million push to mote the health care law? with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. you walk into a conventional mattress store, it's really not about you. they say, "well, if you wan

diles a esos señores que vayan a apoyar las películas de walt disney.ras oportunidades que tienes para dirigir. mira, aquí hay tarjetas postales. iay, es muy linda! es de unas ruinas indígenas. a mí me gustan las postales que tienen vista panorámica. mira, como ésta. sí, es muy linda. me gustaría poder visitar algunos lugares mientras estemos aquí. pues, no hay razón para no hacerlo. mis padres llegan, y creo... ¿tus padres llegan? sí. ¿por qué te sorprendes? bueno, porque te conozco ya hace un tiempito y todavía no sé nada de tu familia. itú ya lo sabes todo acerca de la mía! es verdad. ya vas a conocer a mis padres. me gustaría eso. ¿tu mamá es como tú? bueno... espera mejor a que la conozcas. son muy unidas, ¿no? claro que sí. pero a veces mi mamá me cansa. ¿por qué? hablaremos de eso más tarde. bueno. me voy a comprar estas postales y nos vamos al correo para comprar timbres ¿de acuerdo? podemos hablar mientras caminamos. y una vez mi mamá fue a mi oficina. y allí, delante de todos, se puso a decir "esta es mi hija, la licenciada rodríguez". a mí me

job in civilian life is -- >> very, very tough. >> reporter: navy veteran mike diaz is hoping the walt disney change that. he came to disney's burbank lot with more than 300 other veterans to test their luck at a career expo designed specifically for military vets. it's part of disney's "heroes work here" initiative. one of its goals, to hire 1,000 veterans. >> another is to create awareness and to exhort other companies to do similar things. and the third is to train. to help them find jobs. >> my friends, i would offer you this. please don't hide that you're in the military. >> reporter: veterans took part in workshops focus on resume writing and interview skills and were able to meet with hiring managers. on hand, actor and army veteran j.r. martinez who credits disney for giving him his big break on the abc soap opera "all my children" and "dancing with the stars." >> if you give them a platform, if you give them a challenge and say we want to give you an opportunity to learn, to do something completely different than what you did in the military, you can almost guarantee and count on the

that's google, apple and walt disney. >>> a community pitches in to help a woman fighting a flesh eatingisease. >>> and a new study says is the social networking giant a fad? >> i don't see the point in waiting if you love the person. it just doesn't make sense. >> all right. two big life changing moments all in one day. a proposal and a graduation all wrapped into one. we'll take you there on this tuesday, may 15th. >> thanks so much for joining us. yesterday you needed an umbrella when you headed out the door, but what about today? >> we're going to see more of the same out there and wean

. >> what does rush limbaugh have in common with president harry truman, mark twain and walt disney? start guessing. you will see it, coming up. high schools in six states enrolled in the national math and science initiative... ...which helped students and teachers get better results in ap courses. together, they raised ap test scores 138%. just imagine our potential... ...if the other states joined them. let's raise our scores. let's invest in our teachers and inspire our students. let's solve this. [ whooping ] ♪ it was the best day ♪ it was the best day ♪ ♪ it was the best day ♪ 'cause of you we make a great pair. huh? progressive and the great outdoors! we make a great pair. right, totally. that's what i wathinking. all kinds of vehicles, all kinds of savings. multi-policy discounts from progressive. call or click today. >> remind me to figure this one out. more than a month of the gsa scandal is exposed, the white house finally says it has a plan to stop government agencies from wasting your money. but is the so-called crackdown really a crackdown? senator rob johnson is on the

that's more than amazon.com, walt disney and mcdonald's. ennis is in times square with more.d morning. >> reporter: good morning. right behind me is where all the action will be this morning. and at $38 per share, facebook's market debut is expected to be the biggest tech ipo in history. facebook programmers worked through the night at the annual hack-a-thon. it's all in preparation for the company's first public stock offering. many of these employees are about to become millionaires. ceo mark zuckerberg will have a net worth of nearly $20 billion. not bad considering he started facebook in his harvard dorm room nine years ago. but with that much cash comes new pressures. >> the bigger you get the harder it is to go fast. >> reporter: facebook makes 80% of its money from advertising. that comes to about $4.34 for each of its almost 1 billion users. a new valuation of $100 billion means the company needs to increase revenue to several hundred dollars per user to prove its worth. >> they're under enormous pressure to show how to make money from mobile. they're under enormous p

you really have to pay attention to and what will set us apart are the brands that we have at the walt disney company. it is disney. it is abc. it is a marvel. we have a tremendous amount of strength. those brands are meaningful. they can withstand, as long as we keep irrelevant. my very simple definition of a brand is a relationship you have with your consumer. it has to be as important and as current as their relationship you have with your family and your friends. >> another piece of this cut in the notion of a channel is very likely to change. that is ok? >> it has already changed. we do a tremendous amount of research in the company. the research is not do you like this show are that show. to the research is more along the lines of what is going on in your life? what kind of entertainment are you experiencing? how? we have learned that we know disney is a brand. we understand that. a couple of years ago we 3 abc in the mix. we discovered there were two television brands that popped for people, abc shows were higher. people knew what an abc show was. paul started to touch on that. he star

we've got walt disney concert hall. we've got the museum of contemporary art, as i mentioned. we have the school of music. we're building a new museum building. so within three blocks i can't think of any city that has such great architecture. >> charlie: here is where some of the controversy comes and some of the principles coming out of this. you are hell bent on getting your way. >> i am. i'm determined. >> charlie: because you believe the means justify the ends? >> in ways, yes. >> charlie: the ends justify the means i mean. having a great city and having museums that arey flektive of the best art, having all that is never going to be easy. >> that's correct. and sharing all that with the broadest possible public. >> charlie: your cheery of a museum is not so much that it is an educational institution but it is what? >> no, no. i believe the purpose of a museum is to educate the broadest possible public but also to advance scholarship. >> charlie: and what about the permanent collection? >> i believe the permanent collection is the core of any museum. >> charlie: and shoul

most recently due to the activism of the walt disney company, which didn't want mickey mouse casting into public domain. and, there is no doubt that copyright and the need to enhance the public latte of knowledge, and to some extent in conflict. the way that conflict has been resolved under our existing model is through the existence of libraries, where you have free access to the intellectual property created by authors. software manufacturers by the way, many of them don't like the so-called for sale doctrine or the library of lending rights that exist in the copyright laws. they don't want any exemptions. but one of the significant, i think, important, the significance of libraries and the importance is the fact that access to books is free. you walk into a library and this world of knowledge is available to you for nothing, and so one of the pirates of the google settlement provided that there would be access to the google collection in every public library. there would be a terminal providing for free access to the contents of the seven libraries. and so when we excelled amazon,

. >>> new this morning a new company wide initiative at walt disney is working to hire, train and support returning u.s. veterans called heros work here. as part of the initiative, disney will provide a thousand jobs to vets in the next three years and they are launching a campaign to encourage other employers to follow in line. >>> tomorrow disco legend donna summers will be laid to rest. a funeral will be held in nashville, tennessee. spie he civic details have not been released. she was battling cancer and she was 63 years old when she passed away. >>> it's 4:48. a beer lover's scene in daytona beach, florida. no not a beach party but a truck carrying thousands of cases of beer tipping over spilling and flowed and not all the beers survived. the crash took crews hours to clean up the broken glass and the thought of starting happy hour early crossed a number of people's mind. >> they were talking about taking a couple cases home with them. >> the truck driver is said to be okay. the few leftover cases are sent back to the vendor. >> that's a beer lover's nightmare. >>> a california man

. >>> and a new company wide initiative for walt disney looking to train and hire and get veterans backorce. it's called heros work here and it's part of a initiative disney will provide a thousand jobs to vets during the next three years. >>> today is the one year and vrs have i of the joplin missouri tornado. three schools will hold ceremonies. you may remember it took the lives of 161 people destroyed about 7500 buildings. if you are interested, find a incredible photo gallery of the storm's aftermath facebook page this morning. he was there two weeks after the tornadoes hit and documented the experience. time for a check on the weather with lynette. >> all right. luckily they won't deal with any type of unsettled weather for today. no type of severe weather. that's good news. and close to home, we will be dealing with a shower or two to pop up as we go into the afternoon. maybe even a rumble of thunder out there. but right now, we are dealing with patchy fog. you can see that in manchester. clouds hovering. we will get a few peeks of sunshine as we go throughout the day just like ye

speaking of consumer-focused companies, thanks to more visitors to its theme parks, walt disney earnings were stronger than forecast last quarter. the house of the mouse earned 58 cents per share, three cents better than expected. its movie business lost money thanks to the box office bomb "john carter," but busess s up at its theme parks and its media networks, like abc and espn. shares fought against a weak tape all day today, ending the regular session up 1%. this was the best percentage gainer among dow industrial stocks. after the close, the stock continued moving up, gaining another 1% from this closing price. if that holds through tomorrow's opening bell, disney stock would hit a new high. we have more analysis of disney's stock on our web site, www.nbr.com, under the "blogs" tab. the consumer stock behinthe sector's weakness toy was watch seller fossil. the stock lost almost 40%, plummeting to a five-month low. volume jumped 16-fold. this is one company where we saw the impact of a recession in europe. for the second straight quarter, sales were disappointing, and fossil warned e

for business students, the top three, google, apple and our parent company, walt disney. google showed up in the top ten for all five groups, even natural sciences. go, google. >> all the other adults who aren't in college, too much anticipated video games go on sale today. max payne 3, brings back the police detective for x-box and windows computers. >> and diablo three for macintosh for players 17 and older. there you go. >>> when we come back, jessica simpson did some thinking during her pregnancy. see what she came up with in "the pulse." >>> and bad news for a restaurant when a fire broke out. but that's not the worst of it. stick around. still have doubts about taking aspirin for tough pain? listen to what mvp justin verlander thinks about it. i would say the source of most of my muscle pain would be in my shoulder. my trainer kevin rand recommended it to me. i was kind of skeptical at first, but i tested it out, and bayer advanced aspirin relieved my pain fast. feeling 100% every start, every fifth day, i think definitely gives me a little bit of an edge. but don't

por el sueÑo de un hombre >>> tuve la oportunidad de en una de las visitas escuchar la historiae walt disneyl cafÉ >>> una sorpresa muy a fra dagr muy bonita, inolvidable, gracias por esto, gracias muy emoto para mÍ para ella, porque pues esa noche de boda estuvieron aÍi con nosotros y ahora en insecuno aniversario venga y nos suden tambiÉn >>pero esa fiesta de bienvenida en (nombre en inglÉs) que realmentfue algo que los sor p sorprendiÓ >>> eÁnemociodos, luego tendremos una nueva atracciÓn, dondlos niÑos edan compartir, y mÁs. >>> Ándele >>> y en este verano mpara re dr los fotos son muy largas, ahora ape aparece por aquÍ. quÉ bonito los vimos o no. >>> y nosots gritando. >>> esto somos nosotros seÑores, si hablamos de memoria, seÑores prepÁrense porque veremos sÍ recordar o no. >> estuvimos ahÍ conos cocodrilos, bueno >>> no cuente mÁs, para quÉ les digo, quieren ver a lupillo jones, ustedes lo quieren ver aquÍ en un safari, eso se lo vamos atraer mÁs adelante, Ándale regresamos con ustedes, seguimos con mucho mÁs de desde cimoquinto nifraniversario >>> quÉ rico! pla por supuesto lupillo

we worked with the smithsonian and walt disney world of all places, so we serve a broad cross-secti cross-section. >> fit this into the american government structure. how does -- who's the boss of the boss of the boss of the boss of this kind of a place? >> well, we work for the u.s. department of the interior, so overall, it's the secretary of the interior, and above that is the president of the united states. we work for whatever administration is currently there. >> what's the budget for an operation like this for a year? >> our budget is a little more than $23 million a year. and that gives us almost 600 events a year and more than 15,000 people coming through our programs. >> and in history how much are we spending on this kind of effort compared to, say, what it was 50 years ago? >> i don't think we were spending much money at all on history 50 years ago. in fact, i'm the first historian we've had for the fish and wildlife service and i was hired ten years ago so, you know, basically 12 years ago we didn't have an archive. we didn't have a historian. we didn't have a history program, and th

it is bigger than walt disney and mcdonald's. >> not all people on wall street are impressed with thisove. >> last month the company said sales growth is showing and marketing costs more than doubled. they're facing hurdles in advertising. 7% of analysts thought the value was too high. that is why it was valued at only $50 billion. >> this initial offering is for institutional investors, not the individual investor. >> as of today, it will be open to anybody. if you have a brokerage account and you want to get in on this, you can call your broker and buy the shares. after 11:00 a.m., anybody will be able to buy it. >> i do not facebook. what should i think of this as a non-investor? >> when mark zuckerburg was on the road show, he was still supporting that signature look -- jeans and a hoodie. that was his way of showing he is not going to change. facebook and its engineers had day hack-a-thon last night writing programming code. maybe some new features. but it will pretty much be the same side. mark zuckerburg now among the richest people in the world. he will be a multi-multi- billio

the film from walt disney. and here is abc 7 news arts and entertainment reporter with his review on the aisle. >> we're outdone. >> that is dreadful. visitors invading. what will sam l jackson do about super here yeses? there are differences of opinion z they have to respond. and there is a certain humanity. >> avengers. >> this is sort of like a team. >> and captain america or the hope played by mark ruffalo. there are times when the pace slows. >> you can take a look at the destroyer. they could have brought down doyle drive. this isn't memorable but you'll be overcome with awe. and there are more explosions than a kardashian wedding. and then, you have super heroes and then, against bad guys. some dialogue is clunky. there is the sound. i think i lost a couple fillings. it's quite a thing to see. i'm going to give it more than three quarters of a bucket. >> and that is a visual feast. >> let's check in now with spencer. >> and how about this picture from this morning. here is crystal springs. there is a rai

she shared them on-line and with the walt disney world. the employee had the phone and that man is on administrative leave. >> that is bold. >> that is very bold. >> wow. names, faces. [ laughter ] >> you cannot say it was not me, but you know. >> oh, wow. >> it's like what is it? like the thing that people take pictures that travel around. like flat stanley. take it around the world and take pictures and send it to people. >> it's like the dumb crook stories. >> it will make it on the news. >>> still to come on eyewitness news saturday morning -- @ ,,,,,,, >>> look at the forecast. 90 degrees today. 9 tomorrow and 92 on monday. then cool down to 88 degrees. and 86. then with a chance of showers by the end of the week. overnight lows in the 60s. >> love it. >>> well, maryland's green initiative takes another step forward. >> a new law signed by the governor requires future hotels to install energy equipment that automatically turns lights out when you leave. pat warren reports. >> reporter: out of the country lately? maryland attorney gene

and you -- we are, abc, we're owned by walt disney company. they are our parent company. family a trip to disney world. we're going to give you that trip, all expenses paid. you're going to be made an honorary citizen of walt disney world. and what we're going to do also is that we're going to make you a v.i.p. and also, timothy's family, too. the family that you are helping out, they're going to have the red carpet rolled out for them, too. front of the line. who do i hear in the background? is that your mom or your dad with you there? >> yeah. we can't accept a trip to disney. but we have many more people who would like to have an all-expenses paid for the raffle so we can do another raffle. >> you know what? i said you were going to do that. i knew you were going to do that. and you are right. it is transferable. whatever you want to do with that trip, young man, you can do with it. bless you and thank you so very, very much. take care. >> live and in hd, this is an abc 7 news update. >> good morning. is a:27. going of to read the maryland system for the third straight

actually a walt disney thing way back about the swamp fox. all right. here is question number two.bo series the pacific won 8 emmys for betrayal japanese during world war ii. [go, go, go. >> come on! >> bill: which pacific battle was the deadliest of the entire war more than 12,000 american troops killed? the an is b okinawa. >> wow. >> 0 for 2. >> bill: they were all vicious. all of those campaigns. okinawa was the worst. question number three, president obama commemorated memorial day by laying a wreath at the tomb of the unknown. memorial day started in the 1860s as a way to honor the civil war dead. what was the day originally called? the answer is c. decoration day. doocy lurches. [ laughter ] >> bill: are you okay, maccallum? try to get one. just for the women out there watching. okay. because maccallum is a role model. >> tight shot of me glaring. >> the movie saving private ryan. you both saw that. >> yes. >> critically acclaimed for realistic depiction of the world war ii d-day invasion. [explosion] >> do you want to be? [shouting] >> bill: private ryan was favored to win

walt disney. you saw walt disney. please. the animal orchestra. three cents ahead. he sees continued good trends. say hi to gillian and wants an animal orchestra. >> we have more coming in, if clueding the view of steve crawford. >>> the dow falling for a fifth straight session has concerns in europe rattled investors. steve crawford will weigh in on the market slide. >> facebook is the most widely anticipated ipo in recent memory. >> i believe i deserve some recognition from this board. >> i'm sorry? >> yes. >> senior internet analyst will unveil his forecast for the social media giant's first year. >> our series continues on the disruptors. eric vishira is the co-founder and ceo of social media friendly rock melt. he'll tell us what's next in technology. the third of "squawk box" begins right now. >> welcome back to box here on cnbc. first in business worldwide. i'm joe kernen with becky quick and andrew ross sorkin. we're joined by gill jan at the time and doug dachille. you never got your medical license, you just got the degree. >> right. it'

actually a walt disney thing way back about the swamp fox. all right. here is question number two.he hbo series the pacific won 8 emmys for betrayal japanese during world war ii. [go, go, go. >> come on! >> bill: which pacific battle was the deadliest of the entire war more than 12,000 american troops killed? the an is b okinawa. >> wow. >> 0 for 2. >> bill: they were all vicious. all of those campaigns. okinawa was the worst. question number three, president obama commemorated memorial day by laying a wreath at the tomb of the unknown. memorial day started in the 1860s as a way to honor the civil war dead. what was the day originally called? the answer is c. decoration day. doocy lurches. [ laughter ] >> bill: are you okay, maccallum? try to get one. just for the women out there watching. okay. because maccallum is a role model. >> tight shot of me glaring. >> the movie saving private ryan. you both saw that. >> yes. >> critically acclaimed for realistic depiction of the world war ii d-day invasion. [explosion] >> do you want to be? [shouting] >> bill: private ryan was favored to