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Walt Disney climbs on surprise profit

November 14, 2009

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Walt Disney Co. surprised investors with an 18 percent jump in fiscal fourth-quarter profit and disclosed a job switch that might point to a successor to CEO Robert Iger. Iger told analysts he was behind the decision to make finance chief Tom Staggs parks and resorts chairman, while making parks chairman Jay Rasulo chief financial officer. The switch was designed ... (Full article: 69 words)

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