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LOS ANGELES (Reuters) -Walt Disney exceeded Wall Street's earnings expectations on Wednesday as higher attendance at its Shanghai and Hong Kong theme parks offset a decline in advertising revenue at television network ABC. Shares of the entertainment company rose 3% in after-hours trading to $87.14, signaling investor confidence in Chief Executive Bob Iger's aggressive cost-cutting, the company's better-than-expected streaming subscriber gains and Iger's declaration that Disney had moved into a "building" phase again. For the fiscal fourth quarter ended Sept. 30, Disney reported adjusted per-share earnings of 82 cents, topping an average forecast of 70 cents, according to LSEG data. ....
By Steve Gorman LOS ANGELES (Reuters) -The labor coalition that staged a 72-hour strike by 75,000 healthcare workers against Kaiser Permanente last week is . ....
Kaiser healthcare unions say weeklong strike possible early next month By Reuters investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.
(Reuters) -Media entrepreneur Byron Allen has made a $10 billion bid to buy Walt Disney's ABC television network and assets including the FX and National Geographic cable channels, a spokesperson for Allen said on Friday. Disney has also held exploratory discussions about selling ABC to regional TV station operator Nexstar Media, two people familiar with the matter told Reuters on Thursday. Nexstar's interest is preliminary and may not lead to any deal, one source said. ....
Disney holds preliminary talks with Nexstar on ABC sale -sources streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.