U.S. stock index futures traded lower on Thursday, after the Federal Reserve announced the end of quantitative easing.» Read More
Oct 29- DreamWorks Animation SKG Inc reported a 17 percent jump in third-quarter revenue, helped by the strong box-office showing of its most recent movie "How to Train Your Dragon 2". DreamWorks' shares rose 6.5 percent in extended trading on Wednesday after the results handily beat analysts' estimates in spite of the lack of a major movie release in the quarter.
GLENDALE, Calif.— Dreamworks Animation SKG Inc. on Wednesday reported net income of $11.9 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. Analysts expected $168 million, according to Zacks.
Oct 29- DreamWorks Animation SKG Inc reported a 17 percent increase in third-quarter revenue, helped by the strong box-office showing of its most recent movie "How to Train Your Dragon 2.". The company's net income rose to $11.9 million, or 14 cents per share, for the quarter ended Sept. 30, from $10.1 million, or 12 cents per share, a year earlier. Revenue rose to $180.9...
The Fed is expected to announce the end of the easing program, but observers say the Fed is unlikely to change the language about keeping rates low.
The Fed is expected to end its quantitative easing program—the much-anticipated action that's been at the very heart of the market's fears.
BEIJING, Oct 13- Universal Studios said on Monday it had a sealed an agreement to open a $3.3 billion theme park in Beijing, the culmination of a 13- year effort to enter China's fast-growing entertainment market. Tom Williams, chief executive of Universal Parks and Resorts, told a news conference in Beijing that the park would also aim to draw visitors from...
President, Ariel Investments; chairman, DreamWorks Animation SKG
Softbank's investment in a Hollywood movie studio represents the coming out party for two new players in the US entertainment industry.
TOKYO/ NEW YORK, Oct 2- Japan's SoftBank Corp said on Thursday it is taking a minority stake in privately-held Legendary Entertainment for $250 million and will form a joint venture with the Hollywood movie studio. Investing in Legendary would give SoftBank access to Hollywood films and television shows and would also broaden the reach of the Japanese company...
TOKYO, Sept 30- Japan's SoftBank Corp has been in talks to take a minority stake in privately held movie studio Legendary Pictures, entertainment trade publication The Hollywood Reporter reported on Tuesday. The talks have been on a separate track from SoftBank's negotiations with DreamWorks Animation, The Hollywood Reporter said.
Sept 30- SoftBank Corp's talks to acquire Hollywood studio DreamWorks Animation SKG Inc have cooled, a SoftBank source and banking sources in Japan said. Two bankers at separate institutions in Japan said SoftBank's interest had cooled even before media reports emerged over the weekend about the discussions, with one citing price as a dissuading factor.
LOS ANGELES, Sept 29- DreamWorks Animation SKG Inc's talks about taking on a Japanese owner highlight the challenges facing Hollywood's smaller studios in remaining independent and could prompt a string of other deals.
LOS ANGELES, Sept 29- DreamWorks Animation SKG Inc could soon have a new Japanese owner in a deal that highlights the challenges facing Hollywood's smaller studios in remaining independent and could prompt a string of other deals.
NEW YORK, Sept 29- DreamWorks Animation SKG and Athlon Energy were among the biggest movers in the premarket session on Monday, with both names rallying on deal news. Shares of DreamWorks soared after a person with knowledge of the situation said Japan's SoftBank Corp was in talks to buy the company.
TOKYO, Sept 29- Japan's Nikkei share average rose on Monday with the weak yen supporting sentiment, while risk taking was buoyed after the U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter.
Japan's SoftBank is in talks to acquire DreamWorks Animation, the Hollywood studio behind the "Shrek" and "Madagascar" movie hits, a source said.
TOKYO/ NEW YORK, Sept 28- Japan's SoftBank Corp is in talks to acquire DreamWorks Animation SKG, a person with knowledge of the situation said.
Sept 28- Japan's SoftBank is in talks to acquire DreamWorks Animation SKG in a deal that valued DreamWorks at as much as $3.4 billion, media reported on Sunday. The Hollywood Reporter quoted an unidentified source with knowledge of the deal as saying an acquisition would value DreamWorks at $3.4 billion.
Discovery plans to rebrand its Hub Network—the kids channel it co-owns with Hasbro—as Discovery Family, in an attempt broaden its ad prospects.
Some of the names on the move ahead of the open.