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Entertainment companies' stocks soar


August 11, 2008 Stocks soared, and entertainment companies led the way. Stanford Group analyst Frederick Moran said the company's shares trade at an earnings-per-share 2009 multiple of just 13, while most of its peer group is at 15. After Friday's big moves, Disney remained the biggest media conglomerate based on market cap at $60.1 billion, followed by Time Warner ($55.9 billion), Sony ($39.4 billion), News Corp. ($36.6 billion), Viacom ($18.4 billion) and CBS ($11.4 billion).

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