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Disney to buy $6-8 billion in stocks back in 2014

Walt Disney Co’s chief financial officer Jay Rasulo said Thursday that the entertainment giant plans a huge share buyback in 2014 that could amount to as much as $8 billion. That would double the size of Disney buybacks in recent years, and Rasulo stressed that doing so reflected confidence in…

Disney plans more 3D remakes after ‘Lion King’

Disney plans to release 3D versions of four more classic movies, including “Finding Nemo” and “The Little Mermaid,” after the success of the revived “The Lion King,” the studio announced. A 3D version of “Beauty and the Beast,” originally from 1991, will hit screens in January next year, followed in September 2012…

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