DreamWorks stock soars on Wall Street
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LOS ANGELES - DreamWorks Animation Inc., the film studio behind &quot;Shrek&quot; and &quot;Shark Tales,&quot; went public Thursday on Wall Street, and its new stock immediately shot up 36 percent.
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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 $725 million, announcing the terms after its new film &quot;Shark Tale&quot; snagged the No.
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Stocks soared Wednesday, with the Dow Jones industrials rising more than 120 points, as a large buildup in the nation&#39;s energy inventories and increased consumer spending sent buyers back to the market.
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Shares of Pixar Animation Studios Inc. hit an all-time high in early trading on Monday on the back of a second, strong box-office weekend for the &quot;Incredibles.
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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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Impeccably timed to take full advantage of the success of &quot;Shark Tale,&quot; the initial public offering of DreamWorks Animation SKG went off swimmingly Thursday, floating 38% higher in its first day of trading.
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Spurred on by a large, green ogre, buoyed by a school of wise-cracking fish and with a podgy superhero helping its cause, DreamWorks Animation yesterday saw its share price rise by 41% on its first day of trading.
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DreamWorks Animation SKG Inc. will find out this week if box office success can be turned into Wall Street cash in a widely anticipated initial public offering that could raise up to &#36;725 million.
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Shares surged on Wall Street on Friday night, pushing the Dow over 100 points higher, as tech stocks rallied and drug giant Merck staged a 1 per cent rebound following its 26 per cent fall on Thursday.
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Stocks surged on Thursday, lifting the Dow to a record, as stronger-than-expected retail sales and takeover speculation fueled optimism about the economy.
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Leading Wall St shares surged overnight after a bounce in Pfizer&#39;s shares and an upgrade for Intel, sending the Dow to a three-and-a-half year high.
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Wall Street stocks rose sharply on Friday before stabilising as data showing sound jobs growth was offset by fears that a big subprime mortgage lender is close to collapse.
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U.S. stocks rose on Monday as mergers and takeover proposals totaling more than $77 billion gave investors confidence that stock prices have room to rise even as the Dow industrials ascended to another record high.
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DreamWorks Animation&#39;s initial public offering scheduled Thursday may benefit from the company&#39;s recent box-office success.
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The Dow industrials rose to a record high on Monday amid a broad advance by stocks as takeover deals totaling more than $77 billion suggested to investors that equities could still gain further.
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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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Shares of DreamWorks Animation SKG Inc. jumped in their market debut on Thursday after the animated film maker's initial public offering raised a higher-than-expected &#36;812 million.