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Stock Market & Financial Investment News

News Breaks
June 30, 2014
05:24 EDTDWADreamWorks Animation upgraded to Neutral from Underweight at Piper Jaffray
Piper Jaffray upgraded DreamWorks Animation to Neutral saying the worst of earnings revisions are likely over. Piper raised its price target for shares to $22 from $19.
News For DWA From The Last 14 Days
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April 19, 2015
17:43 EDTDWADreamWorks CEO downplays Chinese takeover speculation, Variety says
In an interview with Variety at the Beijing International Film Festival, DreamWorks (DWA) CEO Jeffrey Katzenberg said he does not believe the company is headed towards a takeover by a Chinese firm. "We are a minority owner in a joint venture here, and I think that is the most successful structure to do business here in China today... We’re very comfortable with that arrangement," said Katzenberg. Variety notes that there was speculation late last year of takeover talks with Alibaba (BABA) or Wanda. Reference Link

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