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VOL. 35 | NO. 45 | Friday, November 11, 2011




Disney 4Q beats Street on pay TV growth

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LOS ANGELES (AP) — Disney's fourth-quarter net income rose 30 percent, thanks to higher spending by theme park visitors and growth at pay TV operations ESPN and Disney Channel.

Net income at The Walt Disney Co. in the July through September period rose to $1.09 billion, or 58 cents per share. A year ago, Disney posted net income of $835 million, or 43 cents per share, for the same period.

Excluding one-time items, adjusted earnings came to 59 cents per share, beating the 54 cents expected by analysts polled by FactSet.

Revenue rose 7 percent to $10.43 billion, also beating the $10.37 billion expected by analysts.

Shares were up 10 cents at $34.78 in after-hours trading Thursday.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0