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[³o½g¤å³¹³Ì«á¥Ñrainbow¦b 2007/02/12 03:30pm ²Ä 1 ¦¸½s¿è]J
I heard the following on Bloomberg radio a few days ago.
The CEO of Disney, Robert Iger, was interviewed by Bloomberg radio. Iger openly admitted that the earnings from theme park in Hong Kong was very DISAPPOINTING, that it was the "weakest link" to Disney's earnings. Disney's earnings were helped tremendously by blockbuster movies, "Pirate of the Caribbean 2", and the hit TV show, "Grey's Anatomy". vj ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ m% Don't let propaganda distort reality! The Disney Hong Kong theme park is a disappointment per CEO Robert Iger. n ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ %V ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~$ ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ NVtVQa http://www.bloomberg.com/apps/news?pid=20601103&sid=a9IemVYdnUvM&refer=nz["Es ews©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 3 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ hy}h Disney Shares Rise After First-Quarter Profit Doubles (Update2)uy/hqB ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ cy.'
By Andy Fixmer>Bae ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 7gUk: Feb. 8 (Bloomberg) -- Shares of Walt Disney Co., the second- largestl U.S. media company, rose after first-quarter profit beat analysts'fj! estimates on DVD sales of ``Pirates of the Caribbean'' and ``Cars.'', ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 0u The stock gained as much as 1.7 percent as Deutsche Bank analysts raised#zC"[ their share price target and J.P. Morgan Securities analyst Imran Khanoh;a= boosted his revenue estimates. Disney yesterday said net income more9& than doubled and sales jumped 9.8 percent in the period ended Dec. 30.:"<N ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 2N@DaJ Studio profit rose fourfold to $604 million on a 29 percent increase inO'/$ sales. The report followed earnings from News Corp. that also beatq6Y estimates, driven by the hit movie ``Borat.'' Shares of Disney, whichF} touched a six-year high of $35.97 on Jan. 19, were poised to extend(1 their gains.I%1B ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ l ``The results certainly support the share price given the strength ofnwiwp the studio,'' Aryeh Bourkoff, an analyst with UBS Securities LLC, saidxm&l of Disney's shares. ``The question is: How many more quarters like this9BO'%+ do they have left?''|WMaB8 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ G` Shares of Disney, also the world's biggest theme-park operator, rose 45@, cents to $35.93 at 9:36 a.m. in New York Stock Exchange composited ,V trading after earlier reaching $36.09. The stock had gained 33 percentvM^6"$ in the past year before today.CUI ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ JbP2BK Profit excluding a gain on asset sales was 50 cents, beating the 40-centd average estimate in a Bloomberg survey. to $1.7 billion, or 79 cents av[F. share, from a year earlier, while sales jumped 9.8 percent to $9.73m billion, Burbank, California-based Disney said yesterday.:-*}rY ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ ~l News Corp.H+ ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ #pAO05 J.P. Morgan's Khan, who is based in New York, said the results* ``significantly'' exceeded his estimates, prompting him to increase hisNEy revenue predictions for this year to $36.1 billion from $35.5 billion.<O|h Deutsche Bank analysts raised their forecast for the stock 2.4 percent5" to $42.R1 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ ACs News Corp., the third-largest media company, said yesterday that4aL second-quarter profit rose 18 percent to $822 million, or 26 cents a? share, from $694 million, or 21 cents, excluding a gain from asset salesK%U9 in the year-ago period. Revenue at the New York- based company jumped 18Eq[k percent to $7.84 billion.oi ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ Byv|9 Shares of News Corp., also trading at six-year highs, rose 38 cents toNV $23.72. They had advanced 48 percent in the past year before today.)O5 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 4 ,] Time Warner(;m@AB ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ > News Corp. and Disney are benefiting at the expense of larger rival Time"GY Warner Inc. Sales at the New York-based company's film division slumpedm 15 percent in the fourth quarter, the company said on Jan. 31, as DVD?4f!7 releases including ``Superman Returns'' weren't enough to match DVDkl-s& sales of ``Harry Potter'' a year earlier.UHHPaE ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ :< > Overall, Time Warner's profit rose 35 percent, driven by its cable-TVbp5}o unit. The shares have climbed 19 percent in the past year before today.^4 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ & The volatility of the studio business makes it hard to predict whethersV Disney can keep up its streak, said New York- based Bourkoff, who has aP ``neutral'' rating on Disney shares and doesn't own them.? ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ jE:U@ ``The company is going to need support from its other segments goingSovU5 forward,'' Bourkoff said.. ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ i Chief Executive Officer Robert Iger said in an interview that thisF]5V ``should be a good year for the studio overall,'' with the release of.i7,z the third film in the ``Pirates'' series, ``Meet the Robinsons'' and/ ``Ratatouille'' from Pixar.I28" ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ y ESPN, ABC[`av8S ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ " sZ"% Disney's first-quarter profit included a gain of $1.1 billion from thep8tr sale of interests in E! Entertainment Television and US Weekly, as well`DC?67 as costs of $48 million for equity-based compensation. Sales beat the@*mY $9.53 billion average estimate.'2N"~ ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ zuQ In the year-earlier period, Disney posted net income of $734 million, or_] 37 cents a share.7]?R ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ ~j[7 Income at Disney's media networks surged 24 percent, helped by spot, orMk#ugs scatter, advertising sales for ABC shows such as ``Grey's Anatomy'' and1 Monday Night Football on ESPN.GYh ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 0_m Moving football opened space for advertising sales at ABC, Chiefj8#m Financial Officer Thomas Staggs said on a conference call.V3 ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ {uUQCn ``They have really bolstered their Thursday night, which has been an3p?RQ Achilles heel for two decades,'' said Brad Adgate, director of research};ljw> with Horizon Media Inc. in New York.p*d ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ 86 Iger, 55, is adding theme-park attractions and developing video gamesGFSho based on Pixar characters to sustain profit growth after net incomea&[s1~ surged 33 percent in the year ended Sept. 30.!_ ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ ;)Th& Lower attendance and guest spending at the company's Hong Kong resortQX|QK hurt theme-park profit. In an interview, Iger said the company isj%!W meeting challenges at the park ``head-on.''fg6y+B ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ ro To contact the reporter on this story: Andy Fixmer in Los Angeles atd [email protected]J ©½t¥Í³N¼Æ¬ã¨sªÀ -- ³N¼Æ¬ã¨s¡@¡@ G Last Updated: February 8, 2007 09:42 EST#/
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