Monday, August 27, 2012

Michael Who?

The Mouse continues its party.

With the success of the superhero film "The Avengers" and record theme-park turnout in recent months, Walt Disney Co.'s DIS +0.14% long-term investments have allowed it to sail through the summer. ...

Chief Executive Robert Iger calls the results more than a seasonal blip. Rather, he said in an interview, they represent a validation of its decision to stick with several long-term expenditures even through the recent recession and its aftermath.

Super heroes, cartoons and amusement parks, a potent combination. Diz stock is near a long-time high.


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