THE BEAUTY OF THE MARKET BEAST: DISNEY'S EARNINGS UP
Walt Disney Co.'s fourth-quarter net income rose
"nearly" 18%, according to Bruce Orwall of the WALL STREET
JOURNAL. The company reported net income of $411M, or $0.60
a share, on revenue of $5.52B for the quarter ended September
30, compared to net income of $349M, or $0.51 a share, on
revenue of $5.27B a year ago (WALL STREET JOURNAL, 11/19).
ESPN "was a particular bright spot" and the company's retail
operations "marked significant same-store gains" (Carl
DiOrio, HOLLYWOOD REPORTER, 11/19).