Walt Disney posted earnings yesterday after the market closed. The market expected to see growth across all segments. It was reported that during the last quarter, most companies’ box offices declined but Disney’s, however, climbed 70%. Guardians of the Galaxy alone made $750 million and the total looks to be close to $3million. The multinational corporations also receive income from attendance at their theme parks which grew 5% this quarter. The company showed record profits for a fourth year running, however, the positive data was less than expected, resulted in an almost immediate decrease in futures stock. The stock is down 2.39% so far.
November 7, 2014 – Stock Market News
Walt Disney posted earnings yesterday after the market closed. The market expected to see growth across all segments. It was reported that during the last quarter, most companies’ box offices declined but Disney’s, however, climbed 70%. Guardians of the Galaxy alone made $750 million and the total looks to be close to $3million. The multinational corporations also receive income from attendance at their theme parks which grew 5% this quarter. The company showed record profits for a fourth year running, however, the positive data was less than expected, resulted in an almost immediate decrease in futures stock. The stock is down 2.39% so far.
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