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From Times Staff and Wire Reports
Euro Disney Reports Loss: The theme park operator near Paris, 49% owned by Burbank-based Walt Disney Co., lost $92 million in the first quarter ended Dec. 31. Euro Disney has been hurt by lower than expected attendance and hotel occupancy, along with high levels of fixed charges and interest payments. Walt Disney, which earlier reported a $260.3-million profit in the quarter, said its share of the Euro Disney loss came to $43 million for the quarter.
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