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Hasbro Rumored To Be In Talks To Acquire DreamWorks Animation
Thursday, November 13, 2014 - 9:41am | 221Toymaker Hasbro, Inc. (NASDAQ: HAS) is in advanced talks to acquire DreamWorks Animation Skg Inc (NASDAQ: DWA), according to the New York Times. DreamWorks Animation is no stranger to buyout news. In September, Japan's SoftBank was in talks to acquire DreamWorks Animation for $32 per...
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Does A SoftBank-DreamWorks Animation Skg Inc Merger Make Any Sense?
Monday, September 29, 2014 - 3:39pm | 514SoftBank (OTC: SFTBF), a Japanese telecommunications company, is reportedly in talks with DreamWorks Animation Skg Inc (NASDAQ: DWA) about a possible merger. The deal (which is valued at $32 per share, or $3.4 billion) was originally reported by The Hollywood Reporter. A later report by Variety...
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Markets Little Changed As The Quarter Comes To An End
Monday, June 30, 2014 - 4:34pm | 2316U.S. stocks were little changed as the second quarter comes to an end. Investors and traders are likely spending the last day of the quarter the same way they did to ring in the quarter: questioning the direction of the U.S. economy and wondering what is in store in the coming quarter. One...
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Weekly Highlights: Amazon's First Phone, iPhone 6 Unlikely To Charge Wirelessly And More
Sunday, June 22, 2014 - 12:16pm | 193Amazon (NASDAQ: AMZN) reigned supreme this week after unveiling its long-awaited smartphone. Officially known as the Fire Phone, the handset promises to deliver a plethora of unique features not offered by any of its competitors. On a less positive note, Facebook (NASDAQ: FB) encountered a 15-...
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Why 'How To Train Your Dragon 2' Is Another DreamWorks Disappointment
Tuesday, June 17, 2014 - 10:50am | 658DreamWorks Animation (NASDAQ: DWA) can't catch a break. The company's shares plummeted more than 10 percent today after investors learned that How To Train Your Dragon 2 failed to secure the number-one spot at the box office. The crown went to Sony's 22 Jump Street, which earned $60 million during...
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Yahoo Paid $6.5M For Ptch, Unknown Sum For Evntlive
Tuesday, December 10, 2013 - 8:25am | 543Yahoo (NASDAQ: YHOO) recently added two new startups to the family: Ptch and Evntlive. According to BusinessInsider, Ptch (pronounced "pitch") came with a price tag of $6.5 million. BI's sources claim that Yahoo didn't buy Ptch to acquire new talent. Rather, the company wanted the technology,...
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Yahoo! Acquires and Prepares to Shut Down Mobile App Ptch
Wednesday, December 4, 2013 - 2:48pm | 460In a move that has become more or less standard for Yahoo! (NASDAQ: YHOO) CEO Marissa Mayer, the company recently acquired DreamWorks Animation’s (NASDAQ: DWA) Ptch startup, which it will shut down January 2. Mayer has made a number of such “acquire-hire” moves since she took over leadership at...
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Earnings Expectations For The Week Of October 28: Apple, Facebook, GM and More
Sunday, October 27, 2013 - 7:10pm | 1392The earnings crunch rolls on. This week's highlights include quarterly reports from the two biggest companies by market capitalization, Apple and Exxon Mobil, which are expect to post declining earnings. Per-share earnings from General Motors are expected to be the same as a year ago, and...
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Netflix Up 10% After Q3 Earnings Beat
Monday, October 21, 2013 - 4:18pm | 324Netflix (NASDAQ: NFLX) is up more than 10 percent in after hours trading after reporting its third-quarter earnings results. The company's Q3 EPS came in at $0.52, beating the Street estimate of $0.48 by $0.04. Earnings per share were up 300 percent from the year-ago period. Revenue arrived at $...
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Netflix Earnings Preview: Strong Results Expected in the Wake of Emmy Nods
Saturday, July 20, 2013 - 12:08pm | 812Netflix (NASDAQ: NFLX), which garnered 14 Emmy nominations last week for its original programming, is scheduled to report its second-quarter 2013 results Monday, July 22, after the end of the trading session. Investors will be looking to see whether the success of "Arrested Development" and "...
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Will YouTube Overtake Comcast, Time Warner Cable and Dish Network?
Thursday, May 2, 2013 - 12:11pm | 618Google (NASDAQ: GOOG) Executive Chairman Eric Schmidt is sending a powerful message to TV networks, pay-TV services and anyone else in the traditional television industry: your days could be numbered. According to the Associated Press, Schmidt gave a presentation last night to woo advertisers and...
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DreamWorks is About to Get More Awesome
Wednesday, May 1, 2013 - 11:20am | 638DreamWorks Animation (NASDAQ: DWA) is on the cusp of acquiring AwesomenessTV, a rising star in the world of YouTube. Created by Brian Robbins (who served as executive producer of several teen and tween hits, including One Tree Hill, Smallville and What I Like About You), AwesomenessTV was started...
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Netflix Earnings Preview: Another Profitable Quarter Expected
Saturday, April 20, 2013 - 1:31pm | 730Netflix (NASDAQ: NFLX), which has been one of the top performing S&P 500 members so far this year, is scheduled to report its first-quarter 2013 results Monday, April 22, after the markets close. Investors will be looking to see whether subscriber growth and international expansion will...
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Netflix, DreamWorks Team Up for Landmark Series
Tuesday, February 12, 2013 - 12:24pm | 454Netflix (NASDAQ: NFLX) and DreamWorks Animation (NASDAQ: DWA) are teaming up to develop a new animated series for kids. The series will be based on Turbo, an animated flick due for release this summer, which tells the story of a snail whose dream is to become the fastest racer in the world. "...