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Disney Rises to Record High as Profit Tops Estimates

Walt Disney Co., the world’s biggest theme-park company, rose to a record high in New York after first-quarter sales and profit topped analysts’ estimates.

Disney, based in Burbank, California, advanced $2.18, or 5.3 percent, to $43.36 at 4 p.m. in New York Stock Exchange composite trading. The old closing high of $43.05 was set in April 2000.