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Walt Disney Co. posts record quarterly profit on success of ‘Star Wars’ | Concurrent Media
The box-office power of “Star Wars: The Force Awakens” propelled Walt Disney Co. to record profit for the fiscal first quarter, easily beating analysts' expectations. But the stellar results did not improve Disney's footing on Wall Street, where shares of the Burbank entertainment juggernaut fell more than 3% to $89.10 in after-hours trading. Source: Walt