Shanghai Disney set to open: what it means for the stock

who:  not given

what:Shanghai Disney Resort is set to open 

where:Shanghai Disney 

when:on June 16th 2016

why:not given

how:not given

Mickey Mouse is heading East.

Shanghai Disney Resort is set to open on June 16th after more than five years of construction.

The $5.5 billion park is the first of its kind. Rather than have the familiar "lands" of Disney World, the resort will instead focus on Disney franchises and movies like Pirates of the Caribbean and Tim Burton's Alice in Wonderland.

The park's completion comes during a time of uncertainty for the Mouse House. Succession fears have plagued the company since Bob Iger's heir apparent Thomas Staggs stepped down in April, and slowing subscriber growth at ESPN continues to weigh on the company's bottom line.

On the "Halftime Report" the desk debated whether Disney's pullback creates a buying opportunity -- or if there are further woes ahead.

Steve Weiss has a hold on Disney for now because while he believes in the company's management team, he thinks ESPN and cord-cutting issues could further pressure the stock.

"You don't bet against smart people and great CEOs like Bob Iger...however, under the covers...you still have ESPN issues, ABC issues, and cutting the cord," Weiss said on the "Halftime Report".

Bob Iger's successor will have big shoes to fill--the stock is up 260% since he took over in March of 2005. Iger's one-time heir apparent Thomas Staggs announced his intended departure from the company earlier this year, which means investors have no clear idea of who will take the reins.

Jon Najarian isn't buying the stock until the succession plan is clear.

"Until we know who that person is that the board will support...it's something that will introduce more volatility into an otherwise great stock," Najarian argued.

Disney shares are down 7% year-to-date and Pete Najarian, who owns the name, thinks the pullback presents an attractive buying opportunity.

"Whenever we've gotten beneath $100, I think it's been a buy, and I continue to think it's a buy, and I think the ESPN thing continues to be way overblown," Najarian said.

On the other hand, Joe Terranova isn't jumping in just yet, and certainly not until next quarter's report. He noted that "the last quarterly report was the first EPS miss in 19 quarters," so he will be watching next quarter's revenue breakdown carefully.

Trader disclosure: On June 9, 2016 the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Halftime Report" were owned by the "Halftime Report" traders:

Joe Terranova: Long BLK, DPZ, FB, IWM, NXPI, ORCL, PNC, VIRT, VRTS

Steve Weiss: Long AAL, AGN, ATVI, BAC, CVC, DAL, ENDP, HZNP, NGL, SRPT, VXX

Jon Najarian: Long PEP. Long calls BURL, FB, GDX,GLD, HPE, MO, MSFT, RTN, WFM, WFT, YHOO. Long puts: EWZ

Pete Najarian: Long AAPL, BAC, BMY, CSCO, DIS, DISCA, GE, KMI, KMI.A, KO, LUX, MRK, PEP, PFE, SAVE, VIAB, ZIOP. Long calls: AAL, ABBV, AKS, AMJ, BAC, C, CHK, CSCO, CSX, DAL, EGO, EWZ, GLW, GS, GSAT, HBAN, KGC, LLY, M, MDLZ, MSFT, MT, MU, NLNK, P, SBUX, SLV, SVU, TMUS, UAL, WYNN, X, YHOO. Long puts: BID, FCX, GM, NAV, SCTY, VLO

http://www.cnbc.com/2016/06/09/shanghai-disney-set-to-open-what-it-means-for-the-stock.html

keywords:

franchise:經銷權,特權

Succession:一連串,一系列

plague:災難,苦惱

heir:繼承人

pullback:阻礙,障礙

cord-cutting:剪線族(泛指受夠電視月費而終止訂閱的一群人)

rein:掌控,控制

volatility:易變,反覆無常

overblown:過時的

disclosure：揭發,透漏,公開

​Appeals court: Grand jury records in Eric Garner case stay sealed

Who: Eric Garner

What: An appeals court says the public can't see the testimony a grand jury heard 

Where:not given

When:not given

Why:not given

How:not given

NEW YORK -- An appeals court says the public can't see the testimony a grand jury heard before declining to indict a police officer in the chokehold death of Eric Garner.

A state Supreme Court Appellate Division panel ruled Wednesday. A lower court judge declined in March to release the testimony, citing longstanding principles of grand jury secrecy.

City Public Advocate Letitia James and legal groups said they'll appeal and keep fighting to make the information public.

They say people need a clearer view of how grand jurors reached their decision in a case that ignited widespread protests about police conduct.

"Secrecy breeds suspicion, and sunshine really is the best disinfectant," James said in May.

Garner died on July 17, 2014, in a controversial confrontation caught on cell phone video with police on Staten Island. The medical examiner ruled his death a homicide.

In December, a grand jury declined to indict NYPD officer involved, Daniel Pantaleo, and protests erupted on city streets.

Civil liberties lawyers had argued that the public needed to reconcile the widely watched video of the Garner arrest with the decision not to indict the cop involved.

But during oral arguments in May, Justice John Leventhal asked NYCLU attorney Arthur Eisenberg why he wanted to look at just one grand jury to change the whole system, CBS New York reported.

"Why aren't we looking at a number of grand juries, how the grand jury works?" Leventhal asked. "More information is better than less. And I think what has happened here is that the Garner grand jury and the perception of unfairness has driven the conversation."

The Staten Island district attorney's office argued against releasing the information, noting that grand jurors and witnesses expect confidentiality.

http://www.cbsnews.com/news/appeals-court-grand-jury-records-in-eric-garner-case-stay-sealed/

Keywords :

appeals court :上訴法院
testimony :證詞
grand jury :陪審團
decline to:婉拒
Advocate:辯護者，律師
conduct:處理
conduct:消毒劑
homicide:殺人犯
erupt:爆發
reconcile :調解，調和
attorney:律師
 perception :觀念，看法

Imaging from an unmanned aerial vehicle: agricultural surveillance and decision support

who: NASA

what: conduct a proof-of-concept mission

where: Above the 1500 ha plantation of the Kauai Coffee Company in Hawaii.

when:In September 2002

why:not given

how:not given

In September 2002, NASA’s solar-powered Pathfinder-Plus unmanned aerial vehicle (UAV) was used to conduct a proof-of-concept mission in US national airspace above the 1500 ha plantation of the Kauai Coffee Company in Hawaii.

 While in national airspace, the transponder-equipped UAV was supervised by regional air traffic controllers and treated like a conventionally piloted aircraft. High resolution color and multispectral imaging payloads, both drawing from the aircraft’s solar power system, were housed in exterior-mounted environmental pressure pods.

 A local area network (LAN) using unlicensed radio frequency was used for camera control and downlink of image data at rates exceeding 5 Mbit s⁻¹. A wide area network (WAN) allowed a project investigator stationed on the US mainland to uplink control commands during part of the mission. Images were available for enhancing, printing, and interpretation within minutes of collection. The color images were useful for mapping invasive weed outbreaks and for revealing irrigation and fertilization anomalies. Multispectral imagery was related to mature fruit harvest from certain fields with significant fruit display on the tree canopy exterior. During 4 h “loitering” above the plantation, ground-based pilots were able to precisely navigate the UAV along pre-planned flightlines, and also perform spontaneous maneuvers under the direction of the project scientist for image collection in cloud-free zones. Despite the presence of ground-obscuring cumulus cloud cover of ca. 70% during the image collection period, the UAV’s maneuvering capability ultimately enabled collection of cloud-free imagery throughout most of the plantation. The mission demonstrated the capability of a slow-flying UAV, equipped with downsized imaging systems and line-of-sight telemetry, to monitor a localized agricultural region for an extended time period. The authors suggest that evolving long-duration (weeks to months) UAVs stand to make a valuable future contribution to regional agricultural resource monitoring.

http://www.sciencedirect.com/science/article/pii/S0168169904000456

Keywords:

plantation: 植物園， 大農場

supervise:監視

exterior-mounted :外掛的

pressure pod:壓力艙

invasive weed:入侵物種(雜草)

irrigation :灌溉

fertilization:施肥

 anomalies:異常現象

 tree canopy:林冠

loitering:徘徊

spontaneous:非自主的

maneuvers:機動動作(飛機，船)

-obscuring:朦朧的 

cumulus cloud:積雲

demonstrate:證明，證實

Paris climate talks: As world leaders head home, negotiators get to work at COP21

WHO:More than 100 world leaders

WHAT:made speeches, posed for photos and then flew home

WHERE: in Paris

WHEN:not given

WHY:not given

HOW:not given

More than 100 world leaders arrived, made speeches, posed for photos and then flew home. But the United Nations Climate Change Conference in Paris does not end for another two weeks.

So what happens now at the world's biggest gathering on global warming?

The nations get down to the nitty gritty.

Howard Bamsey is an adjunct professor at the Australian National University. Previously he was deputy secretary of Australia's Department of Climate Change and Energy Efficiency, and Australia's lead negotiator at the UN climate conferences.

He estimates he has been to at least 18 of the 21 conferences.

"The most important event, in terms of the expectations of the people who are looking on, is the negotiations themselves," he said.

In the lead-up to the Paris conference, a draft version of the international agreement to limit global warming was circulated.

This week, negotiators from each nation will break into specialist teams, each taking a section of the draft to consider, Professor Bamsey said.

"At this stage they're all in these smaller groups working on a limited set of issues. All separately," he said.

"So in the Australian delegation, every morning there'll be a meeting where the negotiators from the different groups come together and inform one another what's been happening in their groups so they can make the connections and see how the whole thing is shaping up.

"It's really difficult to judge what the whole picture is unless you're able to keep in touch with the different processes that are happening at the same time."

Gruelling, complex negotiations not for the 'impatient'

Professor Bamsey says negotiations happen both formally and informally, day and night, in a gruelling process for the delegates.

Sometimes talks become stuck when one nation will not budge on a particular issue.

"They insist on full discussion. They want their outcome and they won't back down very easily. So at different points, different parts of the text become a blockage to the agreement as a whole," he said.

But judging which issue to move on from and where to stand firm is all part of complex and often unrelated issues.

"What might look like a completely straightforward negotiating process is filled with all this significance that isn't apparent on the surface," Professor Bamsey said.

"So you can see inordinate amounts of time given to negotiating what might seem to be quite straightforward text.

"The ones that are invested in significance ... they can take a long time to resolve.

"Unless you're part of the process, you can become very impatient with the time taken to resolve those because they may not look on the surface as if they're significant at all."

By about Saturday, he said various pieces of the text should be settled or decisions made in a draft form.

From there, the negotiating baton is passed to the next level up. That is usually the most senior negotiators, or ministers.

"That's when the final trade-offs are made," he said.

Circus of the talks can help negotiations

The 2015 conference aims to have the text fairly well nailed down by the middle of the next week.

In the meantime, outside the often closed-door haggling over draft text, businesses, activist groups, think tanks and academics all gather in what has become the world's biggest trade-fair for climate change ideas and industry.

Professor Bamsey said the associated circus could be an indirect contribution to the negotiation process.

"In many cases delegates won't have a lot of time to get to side events. Often what's happening there is indirectly conveyed to the negotiating process," he said.

"Very often you'll hear insights that will inform an issue that's being negotiated or there's the sense of momentum that's imparted by this vast number of side events and stories about climate action.

"That sense of momentum can have a positive impact on the negotiating process."

http://www.abc.net.au/news/2015-12-02/paris-climate-talks-what-happens-next/6994166

keyword:

get down to the nitty gritt: 言歸正傳

deputy: 代表

 draft version:草案

circulated:傳播

section:部分                                                                                                                                                 delegation:代表團                                

shaping up:塑造

straightforward:明確的

 inordinate:無節制的

momentum:動力 

Syria: The story of the conflict

WHO: Syrians
WHAT: Armed conflict
WHY: Anti-government protests
WHEN: Not given
WHERE: Syria
HOW: Not given

More than 250,000 Syrians have lost their lives in four-and-a-half years of armed conflict, which began with anti-government protests before escalating into a full-scale civil war. More than 11 million others have been forced from their homes as forces loyal to President Bashar al-Assad and those opposed to his rule battle each other - as well as jihadist militants from so-called Islamic State. This is the story of the civil war so far, in two short chapters.

1. Uprising turns violent

Pro-democracy protests erupted in March 2011 in the southern city of Deraa after the arrest and torture of some teenagers who painted revolutionary slogans on a school wall. After security forces opened fire on demonstrators, killing several, more took to the streets.

The unrest triggered nationwide protests demanding President Assad's resignation. The government's use of force to crush the dissent merely hardened the protesters' resolve. By July 2011, hundreds of thousands were taking to the streets across the country

Opposition supporters eventually began to take up arms, first to defend themselves and later to expel security forces from their local areas.

2. Descent into civil war

Violence escalated and the country descended into civil war as rebel brigades were formed to battle government forces for control of cities, towns and the countryside. Fighting reached the capital Damascus and second city of Aleppo in 2012.

By June 2013, the UN said 90,000 people had been killed in the conflict. By August 2015, that figure had climbed to 250,000, according to activists and the UN.

The conflict is now more than just a battle between those for or against Mr Assad. It has acquired sectarian overtones, pitching the country's Sunni majority against the president's Shia Alawite sect, and drawn in regional and world powers. The rise of the jihadist group Islamic State (IS) has added a further dimension.

http://www.bbc.com/news/world-middle-east-26116868

Key words:

 escalating 升級

 erupted 爆發

 torture 凌虐

 slogans 標語，口號

 demonstrator 示威者

 unrest 不安，動盪

 triggered 引發
 resignation 辭職
 dissent 異議
 hardened 變堅固
 escalated 逐漸擴大
 descended 出身於...的
 rebel brigades 反叛隊伍
 sectarian overtones 宗派的暗示
 jihadist 聖戰
 dimension 範圍

Malala Yousafzai's Attackers Arrested Two Years After She Was Shot by Taliban

Who: The Pakistani army
Where: Friday in 2012
What: arrested the gunmen who tried to kill schoolgirl campaigner Malala Yousafzai
Where: the country's restive northwest
Why: they tried to kill Malala Yousafzai
How: not given



The Pakistani army said Friday it had arrested the gunmen who tried to kill schoolgirl campaigner Malala Yousafzai in the country's restive northwest in 2012.

The teenage activist was shot in the head by Taliban gunmen but recovered and went on to earn international plaudits for her fight for the right of all children to an education.

The detention of the 10 men, a joint operation involving army, police and intelligence agencies, came as part of the Pakistani military's ongoing offensive against the Tehreek-e-Taliban Pakistan (TTP) and other extremist outfits.

"The group involved in the attack on Malala Yousufzai has been arrested," Major General Asim Bajwa told a news conference.

He said the group was part of the TTP and the plan to kill Malala came from network's current leader Maulana Fazlullah.


After narrowly surviving the assassination bid, Malala was taken to Britain with her family for treatment, where she now lives.

Her courageous recovery has made her a global figure -- she won the EU's prestigious Sakharov human rights prize last year and was nominated for the Nobel Peace Prize.

An address she gave to the United Nations General Assembly in July last year, in which she vowed she would never be silenced, earned her a standing ovation.

Malala first rose to prominence in 2009, aged just 11, with a blog for the BBC Urdu service chronicling life under Taliban rule in Swat, the beautiful valley in northwestern Pakistan where she lived.

http://m.ndtv.com/world-news/malala-yousafzais-attackers-arrested-two-years-after-she-was-shot-by-taliban-663107

Keywords:
detention 拘留    
intelligence agencies 情報局
tehreek-e-Taliban Pakistan 巴基斯坦塔利班
extremist outfits 極端的配備
assassination 暗殺
bid 命令
prestigious 有名望的
nominated 被提名
vowed 起誓
silenced 使沉默
ovation 大喝采
chronicling life 記載生活