Wednesday, January 2, 2013

Most valuable company in the Los Angeles area: "DISNEY"



Mickey Mouse gestures as he poses during the launch of Disneyland Paris's 20th birthday celebrations.

Back in the U.S.A., the Walt Disney Company finished the year as the most valuable publicly traded company in the L.A. region.

The stock market has officially ended its final day of trading for 2012. So which Los Angeles company wound up racking up the highest valuation?

The answer is completely unsurprising: $88.23 billion is how much the Walt Disney Company was worth as the closing bell rang on New Year’s Eve at the New York Stock Exchange.

Disney handily beat out the L.A. area’s two next most valuable companies: biotech colossus Amgen and energy giant Occidental Petroleum.

Read More: http://www.scpr.org/blogs/economy/2012/12/31/11780/disney-finishes-2012-los-angeles-regions-most-valu/



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