DISNEY EARNINGS UP; STOCK SPLIT PLANNED

NEW YORK -- Walt Disney Co., the parent of Fairchild Publications, reported earnings rose 21.5% in the second quarter and said it was planning a three-for-one stock split.illion, or 46 cents, a year ago. Wall Street's average estimate was 51 cents a share.Sales inched up 0.5% to $5.24 billion from $5.2 billion.Michael D. Eisner, Disney's chairman and chief executive officer, said in a statement that

NEW YORK -- Walt Disney Co., the parent of Fairchild Publications, reported earnings rose 21.5% in the second quarter and said it was planning a three-for-one stock split.

illion, or 46 cents, a year ago. Wall Street's average estimate was 51 cents a share.

Sales inched up 0.5% to $5.24 billion from $5.2 billion.

Michael D. Eisner, Disney's chairman and chief executive officer, said in a statement that the Theme Parks and Resorts "continued to lead the company forw

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