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Stock Market & Financial Investment News

News Breaks
March 13, 2013
07:47 EDTLGFLionsgate price target raised to $25 from $21 at Stifel Nicolaus
Stifel Nicolaus increased its price target on Lionsgate, citing better than expected performances by its "Ender's Games" and "Divergent". movies. The firm also cited several other data points, including Twilight #5 DVD sales, and continued increases in television ratings, and it maintains a Buy rating on the stock.
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May 22, 2013
05:55 EDTLGFLionsgate achieves record sales of $250M at 2013 Cannes market
Lionsgate announced to its International distribution partners, the lineup of films for the 2013 Cannes Film Festival, achieving a company record of more than $250M in sales for nine titles that included Mockingjay 1 and 2, the third and fourth installments of the global blockbuster Hunger Games franchise, Step Up 5 and upcoming Lionsgate and Summit titles such as Draft Day, The Last Witch Hunter and Lionsgate UK's A Little Chaos.

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