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Market Update Analysis: 
Disney Beats Estimates
Author: Elena Todorova
123jump.com
Last Update: 9:00 AM EDT August 09 2006



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Stock futures jumped after network equipment maker Cisco Systems rose 9.4% on stronger-than-expected quarterly results and positive outlook. Media conglomerate Disney beat estimates reporting net income growth of 53 cents per share, compared with 39 cents last year due to improved sales and one-time gain related to its acquisition of Pixar Animation Studios.

 

 

 

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