An executive can offer investors a view that turns out to be wrong without committing fraud, a U.S. District Court judge said today in granting DreamWorks Animation’s motion to dismiss a class action shareholder suit. The case revolved around 2013 claims by CEO Jeffrey Katzenberg and then-CFO Lewis Coleman that they…

Any good news for DreamWorks Animation at the 2014 global box office came at an exorbitant cost. While the toon studio’s slate was up 36% over last year at the global B.O. with $1.18B across three movies — Mr. Peabody & Sherman, How to Train Your Dragon 2 and Penguins Of Madagascar, productions costs for DreamWorks…

UPDATE: DreamWorks Animation just disclosed the SEC investigation in its conference call with analysts and says it’s cooperating. The company took a $13.5M writedown on Turbo in February. DWA told analysts that it won’t comment further on the matter. Shares were down 8.2% after the news…

The DreamWorks Animation CEO still has a lot invested in snails — with Netflix carrying the studio’s animated series Turbo FAST — and says the film’s failure doesn’t mean the TV show will skid off track. <img class="alignright size-medium wp-image-242541" alt="Turbo" src="https://s0.wp.com/…

So much for CEO Jeffrey Katzenberg’s prediction that Turbo would be profitable. DreamWorks Animation‘s shares are down 5.6% in post-market trading after releasing a Q4 earnings report that includes a $13.5M impairment charge, equal to 12 cents a share, for the film, which the company attributes to “its performance…

Morgan Stanley analyst Benjamin Swinburne thinks so, sticking with his bearish case today following a year when the studio’s stock soared 114% to $35.50. <img class="alignleft size-full wp-image-479779" alt="dreamworksanimation__130215140931" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1…

LOS ANGELES, Dec. 3, 2013 — Turbo and his Fast Action Stunt Team are challenging the world to “snail up!” as they make their global television debut on Christmas Eve – <img class="alignleft size-full wp-image-627509" alt="netflix_logo__121008075714-200x92__130701074658" src="https://s0.wp.com/wp-content/themes/vip/plug…

I expected shares to be up after yesterday’s report, where Q3 revenues and profits soundly topped analyst expectations. But I didn’t think DreamWorks Animation would be +18% in afternoon trading, after touching $33.02 — the highest it’s been since September 2010. <img class="alignright size-200px wp-image-556732" title…

It’s a low bar. But the projection by the DreamWorks Animation CEO in a conference call with analysts should reassure investors who feared that the company would have to <img class="alignright size-200px wp-image-431440" title="turbo" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1.trans.g…

The company’s had a strong run lately following better-than-expected box office sales for the March release The Croods, and potentially lucrative TV production deals with Netflix and Super RTL. <img class="alignleft size-200px wp-image-556732" title="DreamWorks Animation logo" src="https://s0.wp.com/wp-content/themes/v…

The Dreamworks Animation CEO attributes his movie’s problems to an “oversaturated marketplace” as the release was overwhelmed by family friendly competition. <img class="alignright size-200px wp-image-431440" title="turbo" src="https://s0.wp.com/wp-content/themes/vip/plugins/lazy-load-0.7/images/1x1.trans.gif" alt widt…

The stock is down 7% midday as investors try to determine how much, or little, DreamWorks Animation can expect from Turbo following its weaker-than-expected $31.1M domestic opening weekend box office results. “Investors will probably shoot first and ask questions later given the domestic performance,” says Stifel…