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Tuesday, February 7, 2012

BREAKING NEWS: Disney Posts Mixed 1Q Results, Shares Slip

After the bell Tuesday, Disney posted 1Q net income that toped views, while revenue came in a bit shy of views. The company earned 80 cents an adjusted share on revenue of $10.8 billion, while Wall Street was looking for the entertainment giant to earn 71 cents a share on sales of $11.2 billion. The stock is pulling back about 2% in after-hours trading.


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