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December 05, 2006
Disney CFO: Improvements in Studios & Parks
Disney shares hit a new 52-week high in Tuesday trading, rising more than 2 percent to $34.20 on the New York Stock Exchange. "We feel very good about how our business is positioned," CFO Tom Staggs told a Credit Suisse analyst conference in New York. "I think you are going to see improvement in margins in theme parks ... and continued improvement in profitability in Walt Disney Studios.
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