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Untitled Document

And In Closing: Bobby can do no wrong!

Published: Friday, January 12, 2007

Former Disney dictator Mike Eisner should really feel proud because the last good thing he did before leaving Disney was hand picking Bob Iger as his successor. Under Bobby, things have just been swell. He patched things up with Steve Jobs and the creative folks at Pixar before buying them. And now because of his strong dedication to beating the shit out of this digital thing, Wall Street is paying attention and its showing in the company's stock performance.


Shares added 7 cents to $35.06 in afternoon trading after earlier in the day hitting a new 52-week high of $35.16 on the New York Stock Exchange. Previously, the stock traded in a 52-week range between $24.90 to $35.03, and is up 36 percent in the same period.Credit Suisse analyst William B. Drewry in a client note dated Thursday reiterated an "Outperform" rating on the stock.

Walt Disney Hits New 52-Week High [AP]

Labels: AndinClosing, BobIger, Disney

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