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September 28, 2004
Hurricanes Catching Up With Disney?
The effect of four hurricanes hitting Florida finally may be taking its toll on Walt Disney stock, as its shares fell more than 3 percent by midday Tuesday.Shares of Disney dropped 79 cents, or 3.4 percent, to $22.38 after analyst David Miller of Sanders Morris Harris issued a note saying there likely will be some impact on earnings from the barrage of storms that have pummeled Florida and the Gulf Coast region. Walt Disney World, the company's largest theme park, is based in Orlando, Florida.
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