Tuesday, August 09, 2005

DIS

Walt Disney Co. reported net income of $851 million or 41 cents a share, compared to $604 million or 29 cents a share a year ago. Revenue was $7.71 billion versus $7.47 billion. The company also recieved a favorable judgement on a lawsuit over the severance package paid to former executive Michael Ovitz. The stock is trading up in after hours trading.

Budd Foxx

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