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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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December 19, 2014
16:16 EDTNWSANews Corp acquires BigDecisions.Com in India
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December 17, 2014
06:44 EDTDWAGoogle opponents lobbying state attorneys general, NY Times says
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December 11, 2014
18:03 EDTDWADreamWorks Animation and Hearst Corporation to partner in Awesomeness TV
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December 9, 2014
21:40 EDTDWADreamWorks Animation to launch kids and family channel across Asia
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10:23 EDTDWAOn The Fly: Analyst Downgrade Summary
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06:03 EDTDWADreamWorks Animation downgraded to Sell from Hold at Topeka
December 8, 2014
10:20 EDTDWAOptions with decreasing implied volatility
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