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Is It Wise To Trade On Subsidiary Closures? (DIS)
Thursday, January 20, 2011 - 1:55pm | 523This week, Disney (NYSE: DIS) confirmed that it had closed Propaganda Games, a small development studio that it acquired in 2005. At the moment, shares are trading up 0.49% – a negligible amount that might have nothing to do with Disney's decision. But if it does, you should ask yourself: is it...