Also from Disney (DIS +1%) at the Bank of America Merrill Lynch Investment Conference: CFO Jay...

|By:, SA News Editor

Also from Disney (DIS +1%) at the Bank of America Merrill Lynch Investment Conference: CFO Jay Rasulo says advertising buys didn't immediately jump back after the Olympics lull, but still sees positive trends for future quarters. He confidently notes that retailers have now learned their lesson by undervaluing the power of The Avengers with consumers and will jump in full force with merchandising for the holiday period as well as down the road with sequels. As for repurchased stock, Rasulo says buyback in FY12 should total $3B. (webcast.