Market Currents

• Tuesday, October 27, 2009

• 16:31 PM Dreamworks Animation (DWA): Q3 EPS of $0.23 beats by $0.07. Revenue of $135M (-10.6%) vs. $129M. Shares +1.6% AH. (PR) Comment!
• 00:10 AM Notable post-market earnings: ACE, AMKR, APOL, BXP, CBI, CENX, CEPH, DWA, ERTS, ETFC, FISV, HRS, IDTI, ILMN, MCK, MEE, MOLX, NLC, NSC, PNRA, PPDI, RFMD, V, VCLK Comment!

• Monday, August 31, 2009

• 15:14 PM S&P says it may downgrade Disney (DIS -2.7%) after the announcement that the entertainment titan would sink $4B into acquiring Marvel (MVL +25.2%). Meanwhile, DreamWorks Animation SKG (DWA) is up 6.6% to $33.77 as Goldman Sachs (GS) raises its price target to $38, speculating DreamWorks could become a takeover target for a large studio without CGI capabilities that wanted to emulate a Disney-Pixar relationship. Comment!

• Thursday, July 30, 2009

• 12:41 PM Jeff Katzenberg, CEO of Dreamworks Animation (DWA), sees a 3-D future, and expects a boost in Hollywood's U.S. DVD sales (which account for 2/3 of a new release's total revenue) when Samsung and LG Electronics release 3-D-capable TV screens in 2010. 2 Comments

• Tuesday, July 28, 2009

• 17:19 PM Dreamworks Animation SKG (DWA): Q2 EPS of $0.30 beats by $0.14. Revenue of $132M (-7%) vs. $117M. Shares +2.9% AH. (PR) 3 Comments

• Wednesday, April 29, 2009

• 09:00 AM Premarket gainers: DNDN +135%. DWA +21%. UFS +14%. SLAB +12%. AMX +9%. ING +8%. BCS +8%. AAUK +8%. BZH +8%. SSW +7%. Q +6%. ELN +6%. FIG +6%. CIT +6%. MGM +6%. DAL +5%. HBAN +5%. TSM +5%. UBS +5%. C +5%. GM +4%. FITB +4% CDE +5%. CAL +5%. SNY +4%. ATVI +4%. MPEL +4%. GNA +4%. RF +4%. AMR +4%. ARMH +4%. OEH +4%. UAUA +4%. ODP +4%. TKC +4%. SPIL +4%. LVS +4%. DRYS +4%. 1 Comment

• Tuesday, April 28, 2009

• 16:08 PM Dreamworks Animation SKG (DWA): Q1 EPS of $0.68 beats by $0.23. Revenue of $263.5M (+67.6%) vs. $211.5M. Shares +9.3% AH. (PR) Comment!
• 15:10 PM Notable earnings after Tuesday's close: ACE, AJG, CBI, CERN, COG, CRI, CTV, DWA, ETFC, FIS, HTZ, JAVA, JLL, LIFE, MEE, NAL, NLC, PSYS, RFMD, RRC, SPN, SRCL, TRMB, TRMK, TSS, VFC Comment!
• 00:10 AM Notable earnings after Tuesday's close: ACE, AJG, CBI, CERN, COG, CRI, CTV, DWA, ETFC, FIS, HTZ, JAVA, JLL, LIFE, MEE, NAL, NLC, PSYS, RFMD, RRC, SPN, SRCL, TRMB, TRMK, TSS, VFC Comment!

• Tuesday, February 24, 2009

• 16:15 PM Dreamworks Animation SKG (DWA): Q4 EPS of $0.58 misses by $0.02. Revenue of $200M (-31.2%) vs. $232M. (PR) Comment!

• Monday, February 9, 2009

• 12:22 PM Disney (DIS) and DreamWorks (DWA) ink a distribution deal. (WSJ) (previously) Comment!

• Sunday, February 8, 2009

• 17:58 PM Steven Spielberg's DreamWorks (DWA) and Disney (DIS) could announce a film distribution deal as early as Monday, after Spielberg's deal with Universal (GE) collapsed suddenly and icily Friday. Comment!

• Tuesday, October 28, 2008

• 16:15 PM Dreamworks Animation (DWA): Q3 EPS of $0.38 beats by $0.06. Revenue of $151.5M (-5.7%) vs. $130M. Shares -6%. (PR) Comment!
• 15:10 PM Notable earnings after the close: ACE, ALGN, AMX, APOL, ARRS, BMRN, BXP, CBI, CEPH, CPHD, CTX, DRIV, DWA, EAC, FISV, FLS, FMC, LNC, MCK, MOLX, MTW, NLC, PMTC, RFMD, STM, WLT, WRB, XRAY Comment!
• 00:10 AM Notable earnings after Tuesday's close: ACE, ALGN, AMX, APOL, ARRS, BMRN, BXP, CBI, CEPH, CPHD, CTX, DRIV, DWA, EAC, FISV, FLS, FMC, LNC, MCK, MOLX, MTW, NLC, PMTC, RFMD, STM, WLT, WRB, XRAY Comment!

• Friday, August 8, 2008

• 08:28 AM DreamWorks (DWA) is nearing a deal for an $550M outside investment that would allow the film studio to split from Viacom's (VIA) Paramount as early as November. Comment!