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Stock Market & Financial Investment News

News Breaks
April 11, 2014
06:12 EDTVIVHY, SNE, DWADreamWorks Animation may look to take a piece of Vevo, Re/code reports
DreamWorks (DWA) may be looking to expand by taking a piece of Vevo, a company owned primarily by Vivendi's (VIVHY) Universal Music Group, Sony (SNE) Music and Abu Dhabi Media, reports Re/code. According to industry sources, CEO Jeffrey Katzenberg submitted a bid to Vevo's owners this week. The amount of the stake is unknown. Reference Link
News For DWA;SNE;VIVHY From The Last 14 Days
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August 31, 2015
20:04 EDTSNENext Apple TV device to feature deep support for gaming, 9to5Mac says
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August 30, 2015
17:13 EDTSNE'Compton' leads again as 'We Are Your Friends' stumbles at box office
Hip hop biopic "Straight Outta Compton" continued its domestic box office dominance while Christian drama "War Room" outpaced analyst estimates and electronic dance flick "We Are Your Friends" fizzled. U.S. WEEKEND LEADER: Comcast (CMCSA, CMCSK) subsidiary Universal's "Straight Outta Compton" grossed $13.2M domestically for the weekend of August 30, securing the top box office spot for a third consecutive week. In a record-breaking performance for musical biopics, the gangster rap film has earned $134.1M in the U.S. since opening earlier this month. Though Warner Bros.' (TWX) "We Are Your Friends" was predicted to challenge "Compton" with sales ranging $8M-$10M, the Zac Efron-led electronic music film flopped at just $1.8M. BOX OFFICE RUNNERS-UP: Produced with an estimated budget of $3M, Sony's (SNE) faith-based drama "War Room" debuted at $11M against expectations for $5M-$8.5M after leading in advance ticket sales. Viacom (VIA, VIAB) subsidiary Paramount's "Mission: Impossible Rogue Nation" relinquished its grip on second place with an $8.3M gross for the weekend, while Weinstein Company's action thriller "No Escape" opened in fourth place at $8.29M. "Sinister 2" from Comcast subsidiary Focus Features rounded out this weekend's Top 5 at $4.7M.
August 28, 2015
11:16 EDTSNEBattleground: Benchmark says sell GameStop, Piper says bears misguided
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10:43 EDTSNEFly Watch: 'Straight Outta Compton' expected to lead box office for third week
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07:43 EDTSNEGameStop bear thesis not playing out, says Piper Jaffray
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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 21, 2015
06:01 EDTSNEABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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August 20, 2015
14:39 EDTDWAEarnings Watch: Hewlett-Packard reports ahead of company split
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