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Stock Market & Financial Investment News

News Breaks
February 13, 2013
07:19 EDTLGFInvestors may give Lionsgate more favorable valuation, says RBC Capital
RBC Capital believes that the success of Lionsgate's Ender's Game movie and the potential of its Divergent film could cause investors down the road to value the company more as a multiple of EBITDA than as a sum of its parts. The firm increased its price target on the shares to $21 from $18 and maintains an Outperform rating.
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April 17, 2014
16:31 EDTLGFLionsgate to integrate movie marketing operations, Nancy Kirkpatrick to resign
Lionsgate is integrating the marketing operations of its Lionsgate and Summit film labels, the company announced. As a result of this integration, Nancy Kirkpatrick, who has served as Summit Entertainment's president of Worldwide Marketing for the past six years, will resign at the end of this month. Kirkpatrick shepherded the marketing of all five films of the Twilight Saga franchise and the recent launch of the company's new Divergent franchise. The company's feature film marketing is being integrated under Chief Marketing Officer Tim Palen, who will have marketing oversight of the company's Lionsgate and Summit film labels as well as its Pantelion Films joint venture with Televisa and its urban Codeblack Films label along with expanded responsibilities for merchandising, theme park attractions and new business opportunities generated by the company's franchises.
April 14, 2014
09:06 EDTLGFLionsgate and RocketJump Studios announce content partnership
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April 11, 2014
10:51 EDTLGFLionsgate says repurchased $60M of stock in last few weeks
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