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Stock Market & Financial Investment News

News Breaks
February 6, 2013
10:49 EDTNWSA, DWADreamWorks Animation sinks after postponing film release
Shares of DreamWorks Animation (DWA) are falling after the company announced last night that it would delay the U.S. release of its film, Mr. Peabody & Sherman, until March 7, 2014. The film had previously been scheduled to be released on November 1, 2013. The company said that it made the decision based on advice from the film's distributor, News Corp's (NWSA) Twentieth Century Fox. Meanwhile, additional work will be performed on another film, Me & My Shadow, which was scheduled to be released in March 2014, DreamWorks added. Piper Jaffray analyst James Marsh responded to the news by downgrading DreamWorks' stock to Neutral from Overweight. The delay in the release of Mr. Peabody & Sherman leaves the company with only two films this year rather than three as previously planned, and will highlight the weaker than expected performance of another DreamWorks film, The Croods, wrote Marsh. The analyst placed an $18 price target on the shares, which fell $1, or 6%, to $16.41 in mid-morning trading.
News For DWA;NWSA From The Last 14 Days
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September 3, 2015
20:01 EDTNWSAHigher e-book prices leading to slow sales, WSJ says
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September 2, 2015
09:23 EDTNWSANews Corp announces management changes at News UK
News Corp (NWSA) announced leadership changes at News UK, with the appointment of Rebekah Brooks as CEO, David Dinsmore as COO, and Tony Gallagher as Editor-in-Chief of The Sun, Britain's largest selling daily newspaper. Brooks will replace Mike Darcey, who is departing as CEO after three years in the post, during which time he stabilised the company and showed leadership in developing digital models for newspaper properties and oversaw the transition to mobile formats. Rebekah Brooks is returning to a post that she held four years ago, and will have added responsibilities for the acquisition and development of digital properties. She has been working closely with the team at Storyful, the world's first and most successful video news agency, which supplies many companies, including Facebook (FB) and Vice. David Dinsmore became Editor of The Sun in June, 2013, following a long history at the newspaper, including working as Managing Editor and helping launch The Sun on Sunday. Tony Gallagher has been Deputy Editor of the Daily Mail since 2014, after serving as Editor of the Daily Telegraph since 2009.
August 30, 2015
19:40 EDTNWSAU.K. newspaper groups to launch GBP3M joint ad campaign, Guardian says
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19:30 EDTNWSAU.K. weighs phone hacking charges against News Corp., AP says
England's Crown Prosecution Service has received a "full file of evidence for consideration of corporate liability charges" from British police related to the 2011 phone hack scandal at News Corp.'s News of the World, reports the Associated Press. Reference Link
18:39 EDTNWSARebekah Brooks to return as News Corp. U.K. CEO, FT says
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August 28, 2015
06:28 EDTNWSAProsecutor wants to summon Murdoch, others in Deutsche Bank case, Reuters says
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August 26, 2015
16:33 EDTDWADreamWorks' Chief Global Brand Officer transitioning to consultant role
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August 25, 2015
09:59 EDTDWAOn The Fly: Analyst Upgrade Summary
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07:11 EDTDWADreamWorks upgraded to Hold from Sell at Topeka
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August 24, 2015
09:45 EDTDWAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
06:14 EDTDWADreamWorks upgraded to Buy from Neutral at B. Riley
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August 23, 2015
15:40 EDTNWSANews Corp. eyeing advertising technology start-up, Telegraph says
Former News International CEO Rebekah Brooks has returned to News Corp. and is working on a deal to acquire a U.K.-based advertising technology start-up, reports the Telegraph, citing finance sources. Reference Link

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