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AFTER THE CLOSE.(TO THE POINT)

Investor's Business Daily

| August 01, 2003 | COPYRIGHT 2003 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

AN L.A. JURY found an ex-smoker's cancer was caused by smoking, but didn't award damages against Philip Morris in a closely watched suit.

DISNEY earned 19 cents, 19% over Q2 views and a penny over last year. Revenue for the entertainment giant rose 7% to $6.2 bil, also somewhat better than views, as gains at its TV and film units offset more theme park weakness. It sees a better Q3.

GILEAD beat Q2 views by 2 cents with 46 cents, more than quadruple last year. The biotech's sales doubled to $238.9 on strong sales of HIV drug Viread.

MCI won't fight the General Services Administration's plan to bar it from federal contracts until it improves internal ethics controls. It'll get to keep contracts it's already won.

ORBITZ was cleared in a Justice Dept. antitrust probe. Critics say the online travel site, owned by ...

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