Dreamworks shares surge on debut
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Dreamworks Animation shares surged more than 30% on their first day of trading on the New York stock exchange. The creator of box office money makers, such as Shrek and Shark Tale, sold 29 million shares and
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DreamWorks Animation SKG Inc. set its planned initial public offering on Tuesday at 29 million Class A common shares at an estimated price of $23 to $25 per share, which could bring in more than $600 million for the company.
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Star-struck Wall Street gave a dazzling welcome to DreamWorks Animation SKG Inc. on Thursday, sending the shares of the animated film maker up more than 38 percent in their market debut.
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Star-struck Wall Street gave a  dazzling welcome to DreamWorks Animation SKG Inc. on Thursday,  sending the shares of the animated film maker up more than 38  percent in their market debut.
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DreamWorks Animation, the company behind the blockbuster Shrek movies, has enjoyed a fairytale beginning on Wall Street with its share price leaping nearly 40 per cent.
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Shares in J. Crew Group Inc.   jumped more than 20 percent in their market debut Wednesday, a  sign of investor confidence in the preppy retailer a day after  its initial public offering priced above the forecast range.
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Delta Air Lines Inc&#39;s shares surged as much as 30 per cent yesterday amid speculation that the third-largest US airline would win $1 billion (euro780 million) in concessions from its pilots and avoid filing for bankruptcy.
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DreamWorks Animation yesterday reported net income of $20.3m for the third quarter, rebounding from a loss of $35.9m last year, in its first earnings announcement since it went public in October.
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Shares of Hollywood Entertainment Corp. (HLYW.O: Quote, Profile, Research) rose sharply on Friday on mounting speculation that the No.
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Billabong International&#39;s shares surged yesterday after the surfware giant pushed its profit growth forecasts up to 30 per cent.
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Shares on the key Bombay index rose nearly 1 percent and hit the 6,500-level for the first time on Friday, tracking a global holiday rally and on hopes of an early end to an ongoing ownership dispute in the Reliance group.
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The generally jovial ogre Shrek might have enchanted moviegoers, but investors are even more interested in shares of the character&#39;s creator: DreamWorks Animation (DWA).
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Shares in China Power International jumped in the electricity generator&#39;s Hong Kong debut Friday following a hugely popular initial public offer.
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&quot;Shark Tale&quot; is providing a boost to Dreamworks, which plans a $650 million initial share offering for its animation unit, Dreamworks Animation Inc.
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In a debut vaguely reminiscent of the dot-com boom, shares of Internet search giant Google Inc. surged in their first day of public trading Thursday as investors who avoided the company's auction-based offering readily jumped into the familiar territory of the stock market.
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Shares of casino operator Las Vegas Sands (LVS) jumped $17.56, or 61%, to $46.56 in their first day of trading, hearkening back to the heady 1990s when initial public offerings would surge out of sight on their debut.
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DreamWorks Animation, creator of box-office smashes including Shrek and Shark Tale, has raised $812m (Â£444) from its floatation in New York.