Frank Lake
11-07-2008, 04:31 PM
LOS ANGELES (Reuters) – The global economic downturn hit Walt Disney Co's quarterly results harder and faster than Wall Street expected, with the company on Thursday reporting a sharp decline in hotel bookings and softness in advertising revenue at its networks.
http://news.yahoo.com/s/nm/20081107/bs_nm/us_disney
:argh:
I'm not surprised by this as even major soft drink company's are feeling things. Why shouldn't Disney! Hope the winter months won't be as hard as the summer ones!
http://news.yahoo.com/s/nm/20081107/bs_nm/us_disney
:argh:
I'm not surprised by this as even major soft drink company's are feeling things. Why shouldn't Disney! Hope the winter months won't be as hard as the summer ones!