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The Walt Disney Company Reports Third Quarter and Nine Month Earnings for Fiscal 2014
BURBANK, Calif.–(BUSINESS WIRE)–The Walt Disney Company (NYSE: DIS) today reported third quarter earnings, which are a record for any quarter. Diluted earnings per share (EPS) for the third quarter increased 27% to $1.28 from $1.01 in the prior-year quarter. Excluding certain items affecting comparability(1), EPS for the quarter increased 24% to $1.28 from $1.03 in the prior-year quarter. Diluted EPS for the nine months ended June 28, 2014 increased 30% to $3.40 compared to $2.61 in the prior-year period. Excluding certain items affecting comparability, EPS for the nine months increased 31% to $3.43. “Our strategy of building strong brands and franchises continues to create great value across our company” “Our…
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Disney Is Winning This Summer From The World Cup
The Walt Disney Company owns, or is a majority stakeholder in, multiple brands such as A&E, ABC, and, most importantly this summer, ESPN. As Americans are more and more interested in soccer during this World Cup — which is proven by record viewership numbers — ESPN continues to gain from this influx of viewers. Each of the three U.S. games have set an ESPN soccer record, starting with the game with Ghana, then Portugal, and finally, the 10.8 million record set by the U.S./Germany game. Disney, through ESPN, paid $100 million for the broadcasting rights for the 2010 and 2014 World Cup tournament. Once again, Disney made a good bet,…
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Randy Garfield Announces Retirement from The Walt Disney Company
Randy Garfield, president of the Walt Disney Travel Company and executive vice president, worldwide sales and travel operations at Disney Destinations, has announced his retirement, effective April 1.
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Walt Disney Company Earns Top Honors from Forbes Magazine
Congratulations go to the Walt Disney Wompany for being name the #1 Most Reputable Company in America!