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DreamWorks Animation was cleared of class-action suit charges that it hid bad news and misled investors over prospects for its “Turbo” toon. A California federal judge dismissed the suit ...
Fox‘s second DreamWorks Animation release, “Turbo,” which is slated to bow July 17, appears to be less turbo-charged and moving more at a snail’s pace, according to a Wall Street analyst ...
That wouldn’t have been the case, however, had DreamWorks announced “Turbo’s” write-down within the usual time frame. DreamWorks’ most recent box-office bomb, “Mr. Peabody and Sherman ...
Shares of DreamWorks Animation fell more than 7% Monday after analysts said the company could face a write-down after animated film “Turbo” had a disappointing opening weekend at the box office.
The judge points to a comment from DreamWorks CEO Jeffrey Katzenberg during a 2013 second-quarter earnings call. “Katzenberg did not simply say Turbo will be a profitable film, but instead said ...
By Georg Szalai Global Business Editor The stock of DreamWorks Animation was down ... debated the impact that the weak weekend opening of Turbo would have on the company’s financials.
To be sure, if you thought the meager $29.2 million domestic opening weekend take achieved by Disney's The Lone Ranger was bad, DreamWorks' Turbo just limped through the finish line of its own dismal ...
July 31 (Reuters) - DreamWorks Animation SKG Inc said worldwide box-office takings would propel its latest animated movie, "Turbo", to a profit that few analysts had expected, sending its shares ...
New DreamWorks Animation feature “Turbo” will have its Asian regional premiere in Macau on July 13, a few days ahead of its North American commercial release on July 17.