The Covid pandemic made the past 14 months a literal roller coaster of a ride for both theme parks and their fans. Parks shut down or didn’t open at all last spring, and although some did reopen by summer, it was with strict capacity limits and stringent health and safety measures that put off some…
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Walmart Inc. shares jumped after the retailer posted strong quarterly sales growth and boosted its profit outlook, an impressive feat after facing a difficult comparison with last year’s pandemic-fueled stockpiling. Comparable sales increased 6% for Walmart stores in the U.S., excluding fuel, compared with an expected 2% gain, according to estimates compiled by Bloomberg.
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After missing analyst expectations for revenue and Disney+ subscriber adds, shareholders today whacked Walt Disney Co. DIS share prices across the knees, sending them down almost 6 percent in initial trading hours after the Hollywood giant’s latest earnings. That Wall Street response to Disney’s miss wasn’t quite as rough as the beating investors handed out…
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