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News Breaks | | | | February 7, 2013 | | 19:51 EDT |  | DWA | DreamWorks considering layoffs after disappointing holiday, WSJ reports
DreamWorks (DWA) is mulling "significant" layoffs following disappointing results during the holiday season, and the studio is also considering a reshuffling of its 2013 and 2014 lineup, according to a Wall Street Journal report that cites people familiar with the matter. The report cites a source who says the studio is preparing to lay off as many a few hundred of the studio's 2,000 employees. Reference Link | |
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News For DWA From The Last 14 Days Check below for free stories on DWA the last two weeks. |
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| June 18, 2013 | | 19:07 EDT |  | DWA | On The Fly: After Hours Movers
 Subscribe for More Information | | | 16:56 EDT |  | DWA | DreamWorks sees annual TV revenue $200M by 2015
Subscribe for More Information | | | 09:16 EDT | | DWA | SUPER RTL agrees to multi-year content deal with DreamWorks
SUPER RTL and DreamWorks agreed to terms on a five-year television output agreement beginning in September. This extensive deal includes more than 1100 programming half-hours and secures a supply of high-quality animated series for the station. The licensing agreement includes new television series inspired by DreamWorks' hit franchises and future films, the first two of which will be How to Train Your Dragon and a show based on the soon-to-be-released Turbo. | | | 06:12 EDT |  | DWA | DreamWorks Animation volatility elevated into company hosted conference call
Subscribe for More Information | | | 05:46 EDT |  | DWA | DreamWorks to host analyst conference call
Conference call to be held on June 18 at 4:30 pm. Webcast Link | | | June 17, 2013 | | 16:20 EDT |  | DWA | On The Fly: Closing Wrap
Stocks on Wall Street were higher following a session dominated by speculation over what is next for the Federal Reserve. The averages trimmed their gains after an article by the Financial Times suggested the Fed would signal a tapering of its pace of asset purchases at its Wednesday press conference. The upward trend resumed after the article's author said the report was based on opinion and that, "The Fed does not leak anything to any journalist to steer markets - especially during blackout." ECONOMIC EVENTS: In the U.S., the New York Fed Empire State Survey for June came in at 7.40, versus expectations for a 0 reading. The NAHB housing market confidence index for June rose to 52, versus the forecast for a more modest climb to 45 from its prior 44 reading. In Europe, Germany's Bundesbank said economic indicators for April pointed to robust growth in the second quarter and business sentiment improved in May, though warned of signs that growth in Europe's largest economy would slow over the summer. COMPANY NEWS: Netflix (NFLX) and DreamWorks (DWA) both climbed after announcing a major content deal. Under the agreement, DreamWorks will provide over 300 hours of content to Netflix, which the TV and movie service expects to start broadcasting next year. After the announcement, Netflix rose $15.24, or 7.12%, to $229.23, while DreamWorks added 93c, or 4.08%, to $23.74. MAJOR MOVERS: Among the notable gainers was Kandi Technologies (KNDI), up $1.53, or 24.4%, to $7.80 after saying it will deploy 5K-10K pure electric vehicles in China within the first year of launch. Also higher were shares of ViroPharma (VPHM), up $1.71, or 6.3%, to $28.87 after Reuters said the company has attracted takeover interest, though the company is not pursuing a sale. Among the noteworthy losers was Terex (TEX), down $2.45, or 7.72%, to $29.29 after the company lowered it fiscal year earnings view. Also lower was Medivation (MDVN), down $3.45, or 6.78%, to $47.41 after Johnson & Johnson (JNJ) acquired the company's competitor, privately held Aragon Pharmaceuticals. INDICES: The Dow was up 109.67, or 0.73%, to 15,179.85; the Nasdaq was up 28.57, or 0.83%, to 3,452.13; and the S&P 500 was up 12.31, or 0.76%, to 1,639.04. | | | 12:29 EDT | | DWA | On The Fly: Midday Wrap
Subscribe for More Information | | | 11:05 EDT | | DWA | Netflix, DreamWorks climb after announcing major content deal
Netflix (NFLX) and DreamWorks (DWA) are both surging after Netflix agreed to buy new TV series from DreamWorks. WHAT'S NEW: Netflix will buy new TV series from DreamWorks under a multi-year deal, the two companies announced earlier today. The series will be based on characters created by DreamWorks. The latter company's more popular children's movies include Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. The companies did not divulge the terms of the deal, but noted that the "agreement marks the largest deal for original first-run content in Netflix's history," and that DreamWorks will provide over 300 hours of content to Netflix under the agreement. Netflix is expected to begin broadcasting DreamWorks' content next year. TODAY'S PRICE ACTION: In mid-morning trading, Netflix rose 5.75% to $225, while DreamWorks climbed 4.5% to $23.85. WHAT'S NOTABLE: Netflix recently decided not to renew its deal with Viacom (VIA), from whom it had obtained children's programming? | | | 09:19 EDT | | DWA | On The Fly: Pre-market Movers
Subscribe for More Information | | | 06:06 EDT | | DWA | Netflix to premiere DreamWorks Animation brand slate of new original TV series
Subscribe for More Information | | | | June 13, 2013 | | 10:05 EDT |  | DWA | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | June 12, 2013 | | 16:28 EDT | | DWA | DreamWorks initiated with an Underperform at Sterne Agee
Subscribe for More Information | | | June 10, 2013 | | 09:11 EDT | | DWA | Ford, DreamWorks, Electronic Arts in 'Need for Speed' partnership
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