Asian equity markets started the week mixed, with Hong Kong stocks tumbling on the back of intensifying protests.» Read More
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.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Athlon Energy Inc., up $11.59 to $58.32. The oil and natural gas company is being bought by Encana for $5.93 billion in an effort to tap into the booming Permian Basin.
NEW YORK— Shares of DreamWorks, known for its "Shrek" and "Madagascar" animated films, soared Monday following media reports that Japanese telecommunications and Internet company Softbank is in talks about buying the studio.
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— U.S. stocks are opening sharply lower, following losses overseas. Asian markets closed mostly lower as investors fretted over the pro-democracy protests in Hong Kong, where the main Hang Seng index fell 1.9 percent.
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.
NEW YORK— Shares of DreamWorks are soaring in Monday premarket trading as media reports suggest the animation studio is in discussions with SoftBank Corp. about a possible deal. Several reports over the weekend indicated that DreamWorks Animation SKG Inc. is in talks to potentially sell itself to Japan's SoftBank, or team up in some type of partnership.
NEW YORK— Concerns over high stock prices and global politics continued to plague markets Monday as major stock indexes ended with slight losses in another day of choppy trading. "You have a ton of risks that have brought back in the market's focus," said Brad McMillan, chief investment officer for Commonwealth Financial in Waltham, Massachusetts.
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.
TOKYO, Sept 29- Japan's Nikkei share average rose on Monday morning after the weak yen supported 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.
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.
SAN FRANCISCO/ NEW YORK, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc.. Shares of Yahoo rose 4.4 percent to close at $40.60, while AOL jumped 3.7 percent to $44.55, both on Nasdaq.
SAN FRANCISCO, Sept 26- Activist investor Starboard Value LP said on Friday it has acquired a "significant" stake in Yahoo Inc and urged the Internet company to explore a merger with AOL Inc..
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class.
NEW YORK, Sept 19- Alibaba Group Holding Ltd's shares surged in their first day of trading on Friday as investors jumped at the chance to get in on what looks likely to be the largest IPO in history and profit from China's growing middle class.
Alibaba's IPO will unleash a flood of wealth for Jack Ma and Joseph Tsai, but unlike some other tech IPOs, the big money isn't being spread around the company.
BEIJING— Control over Alibaba Group will stay in the hands of founder Jack Ma and other company veterans after the Chinese e-commerce giant goes public on the New York Stock Exchange in a record busting share sale.
Alibaba's long-awaited IPO is finally around the corner, making this a good time to take a look at just how an IPO works.