Disney profit and revenue beat Street, shares rise

13 Nov

I mean…how bad can things be when we still have the disposable income to visit the biggest human trap built by a mouse???? LOL

By Sue Zeidler

LOS ANGELES (Reuters) – Walt Disney Co posted a larger-than-expected rise in both quarterly profit and revenue, as strong results from its cable business helped it overcome a disappointing stretch for its film studio.

Shares of Disney — which earlier announced that its finance chief, Tom Staggs, and the head of its parks division, Jay Rasulo, will soon swap jobs — rose…

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