Animated film company DreamWorks Animation SKG (NASDAQ:DWA) is down 13% to $30.57 per share on heavy volume of 4 million shares following a rating cut at Piper Jaffray to Underperform from Neutral. The analyst firm maintained a price target of $19 per share on DWA. The downgrade follows disappointing 4Q revenue reported after Tuesday’s close…
Real estate investment trust American Tower (NYSE:AMT) is preparing a bid for an Indian telecommunications tower company, Viom Networks, that could amount to $1.6 billion to $1.9 billion, according to the Economic Times, an Indian newspaper. Citing unnamed sources, the Times said the bid may come by March 7, and that American Tower is likely…
Aegerion Pharmaceuticals (NASDAQ:AEGR) is lower after it reported a Q4 loss that was smaller than analysts had expected and set a FY14 sales guidance that straddled estimates. Shares are down 11.48% at $58.73 with a 52-week range of $28.33 – $101.00. In the quarter, the biopharmaceutical company had a non-GAAP loss of $0.14 per share,…
Del Frisco’s Restaurant (NASDAQ:DFRG) reached a record high Wednesday after reporting an improved Q4 year-over-year but fell short of analysts’ expectations. The company also provided fiscal 2014 earnings guidance below Street estimates. Shares are up 0.74% at $24.44, reaching an all-time high of $25.64. The company, which owns and operates Del Frisco’s Double Eagle Steak House,…
Transocean Ltd. (NYSE: RIG) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in RIG indicates that the price change in the extended hours…
Sodastream International (NASDAQ: SODA) was volatile in pre-market trade after reporting Q4 earnings that fell less than expected and as the FY sales guidance was short of analysts’ estimates. Having earlier trading higher by as much as 3% in pre-market trade, the stock was recently down 0.2% at $39.00. The maker of home beverage carbonation…
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