Friday, November 11, 2011

Disney releases strong results...

Walt Disney Co. (DIS). The company unveiled strong results that trumped Wall Street's expectations as advertisers spent more at cable networks like ESPN and consumers kept going to theme parks despite a rough economy. It reported a better-than-expected 7 percent gain in fiscal fourth-quarter revenue and net income rose 30 percent to $1.1 billion. Earnings per share came in at 58 cents.

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