*Disney creeps up to new high

The Mouse House finished the day at $35.21, up 22 cents and a new 52-week high. That's on top of a 52-week high on Thursday. Disney's ascent is getting to be an old story; in 2006, Bob Iger's first full year as CEO, shares increased 43 percent, compared with an 18 percent drop between 2000-2005. And since Disney is a Dow component (the only media stock in the 40-stock Dow Jones Industrial Average), it's played a role in the market's overall performance. Credit Suisse analyst William B. Drewry in a client note dated Thursday reiterated an "Outperform" rating on the stock - just the latest bullish sign among analysts. How much longer can the good times roll? I haven't the foggiest, but in looking at the stock chart, I can't imagine this is a very good time to buy.

*Iger pay: Disney's proxy filing shows the CEO making $25 million last year. That includes a $2 million salary, a $15 million cash bonus, $4.3 million in long-term incentive payouts, $666,285 in other compensation and stock options valued at about $2.92 million. Included in the package was an automobile benefit of $14,400, personal air travel ($68,000) and personal security ($579,000). CFO Thomas O. Staggs received $11.2 million. Bloomberg

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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