DreamWorks flotation makes $812m
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DreamWorks, which created box office smash Shrek, raises $812m from its flotation on the New York Stock Exchange.
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Animated movie Shark Tale has remained top of the US box office for a second week, amassing Â£31.7m ($17.6m)over the weekend, according to studio estimates.
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Shares of DreamWorks Animation SKG (nyse: DWA - news - people ) were lower in extended hours trading after the animated film company said it will delay the release of Shrek 3. Dreamworks also announced third-quarter revenue of $241 million and pro forma
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The animated film âShrek the Thirdâ helped DreamWorks quadruple third-quarter profit, as the film neared $800 million in worldwide revenue.
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NEW YORK, October 28  - DreamWorks Animation SKG Inc (ticker: DWA), the creator of famous animation films including Shrek and Shark Tale, witnessed a robust rally in its share price this morning, during its debut trading at the Wall
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Shares in DreamWorks Animation SKG Inc., the producer of the Shrek movies, rose as much as 41 percent as investors bet the company can use $700 million of proceeds from its initial stock sale to challenge Pixar Animation Studios.
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Buoyed by the smash box office successes of Shrek 2 and Shark Tale, DreamWorks Animation is planning to go public with a share sale which is expected to raise as much as $650m (Â£364m).
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DreamWorks Animation SKG Inc. on Tuesday set its planned initial public offering at 29 million shares that could raise up to &#36;725 million, announcing the terms after its new film "Shark Tale" snagged the No. 1 U.S. box office spot for the second straight weekend.
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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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"Pirates of the  Caribbean: Dead Man's Chest," the foreign box office champ for  the past eight weekends, has helped Walt Disney Co. pass the $1  billion mark overseas for a 12th consecutive year.
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Riding the tail of a shark, DreamWorks Animation Inc. arrives on Wall Street today in the most high-profile entertainment company initial public offering in years.
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NEW YORK (CBS.MW) -- DreamWorks Animation traded about 30 percent above its increased offering price as the creator of the hugely successful &quot;Shrek&quot; movies drew a warm reception on Wall Street on Thursday.
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DreamWorks&#39; IPO was expected to raise more than US$812 million in the first IPO by a major movie studio in seven years. Earlier this month, the company debuted &quot;Shark Tale,&quot; and it has become a hit generating
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Computer animation company Dreamworks  SKG has filed with the U.S. Securities and Exchange Commission  for a $650 million initial public offering, applying to list on  the New York Stock Exchange under the symbol "DWA."
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DreamWorks Animation Inc., riding on a wave of recent hit films including &quot;Shrek 2&quot; and &quot;Shark Tales&quot; was looking for friendly waters on Wall Street Thursday with its highly anticipated initial public offering.
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DreamWorks Animation SKG Inc.,whose latest animation hit &quot;Shark Tale &quot; ruled North America box office for the past weeks, announced Tuesday plans for an initial public stock
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DreamWorks' "Shark Tale" swam to &#36;80.3 million at the foreign box office after adding &#36;16.2 million over the weekend.