Disney Is Upbeat Despite Economyâs Troubles
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Disney posted a quarterly profit far ahead of Wall Street targets on strong results at its theme park, media and consumer products groups, sending shares up 5 percent.
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Worries about the sustainability of the US economic recovery were stoked om Sunday after the stores group Wal-Mart, seen as a bellwether for the country&#39;s
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Investors welcomed an upbeat profit report from Wal-Mart as a sign that consumers might not be as afraid of spending as the market has feared.
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Consumer goods company is facing its challenges and looking for a turnaround.
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Cruise line operator reports smooth sailing on calm seas as earnings rise.
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Things aren't quite as bad for the footwear company as some investors thought.
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Walt Disney Co.  quarterly profit rose 24 percent on Thursday as stronger cable television results and a tax benefit more than made up for a sharp slowdown at Disney's movie studio.
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Shares in theme park Euro Disney rallied strongly by 9.38 percent in early trading on Wednesday in relief that a roller-coaster ride to obtain creditor backing for rescue refinancing had ended safely.
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More layoffs at Disney? It's not as bad as you think.
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The company has posted impressive growth, but the industry is struggling.
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WASHINGTON -- The economy rebounded with a good head of steam in the spring before a credit crisis raised new fears about longer-term business health.
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Walt Disney Co. President and Chief Operating Officer Bob Iger gave an upbeat assessment of the media company's future on Thursday in his first address to Wall Street since being named the sole internal candidate in the race to succeed CEO Michael Eisner.
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Over the extended Labor Day holiday, Disney's feel-good football flick   outscored all competition, earning $15.2 million from Friday through   Monday, according to preliminary studio figures.
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The toymaker, which has avoided the recalls that plagued many of its competitors, said its fourth-quarter profit rose 24 percent on a 16 percent increase in sales.
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While fans of Michael Eisner argue that his 20-year legacy of continued financial and stock growth at the Walt Disney Co. is a strong achievement, Wall Street observers say his record is more mixed.
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NEW YORK  - While fans of Michael  Eisner argue that his 20-year legacy of continued financial and  stock growth at the Walt Disney Co. is a strong achievement,  Wall Street observers say his record is more mixed.
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BusinessWeek Online - The economy is showing some signs of resilience. After a string of weak economic data which led economists to ratchet down growth estimates, the latest figures are beginning to look up and some more positive news is expected in the next batch of figures.