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Disney Falls After Box-Office Duds, Tsunami Overshadow TV

Walt Disney Co., the world’s biggest theme-park operator, fell the most in two years after second-quarter profit missed estimates, as a shrinking box-office, a park shortfall and the Japanese tsunami overshadowed TV gains.

Disney, based in Burbank, California, dropped $2.39, or 5.4 percent, to $41.52 at 4 p.m. in New York Stock Exchange composite trading, the biggest decline since March 2009. The stock has gained 11 percent this year.