On Friday, Dreamworks Animation Skg Inc (NASDAQ:DWA)’s shares inclined 3.13% to $28.32.
Dreamworks Animation Skg Inc (DWA) has found a very real director for the story of an imaginary friend, as the Academy Award-nominated Jason Reitman is set to write and direct “Beekle,” based on the award-winning children’s book, “The Adventures of Beekle: The Unimaginary Friend.
Beekle is the first project to be put into development by DreamWorks Animation’s recently designated Co-Presidents of Feature Animation Bonnie Arnold and Mireille Soria. It is the first foray into animation for Reitman, the celebrated director of films counting the Academy Award-nominated “Juno,” “Thank You For Smoking,” “Young Adult,” “Labor Day,” “Men, Women & Children,” and the Academy Award-nominated “Up in the Air,” for which Reitman earned a Golden Globe Award for Best Screenplay. Written and illustrated by Dan Santat, “The Adventures of Beekle: The Unimaginary Friend,” is the 2015 recipient of the prestigious Caldecott Medal, awarded annually to the most distinguished American picture book for children.
DreamWorks Animation development executive Damon Ross brought the project to the studio, which he, together with the studio’s Head of Development Gregg Taylor are overseeing.
DreamWorks Animation SKG, Inc. engages in the development, production, and exploitation of animated films and their associated characters worldwide. The company operates in four segments: Feature Films, Television Series and Specials, Consumer Products, and New Media. It creates and exploits family entertainment, counting animated feature films, television series and specials, live entertainment properties, and related consumer products, in addition to licenses distribution rights.
Deutsche Bank AG (USA) (NYSE:DB)’s shares dropped -2.27% to $30.63.
Deutsche Bank AG (USA) (DB)’s two chief executives had approached the supervisory board with their decision to resign, the board head said on Monday in a memo aimed at reassuring staff concerned about the sudden change of helm at the lender.
The departures of co-CEOs Anshu Jain and Juergen Fitschen and their surprise replacement with John Cryan sent shares in Germany’s largest lender up 8 percent on Monday as investors judged the Briton a more credible contender than his departing predecessors to implement a five-year planned plan designed to revive the bank’s fortunes.
Achleitner stressed that incoming CEO Cryan was a seasoned professional, a German-speaker, and that he was not associated with any of the activities that has seen Deutsche become the target of heavy fines and burdensome investigations.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
At the end of Friday’s trade, Coeur Mining Inc (NYSE:CDE)‘s shares dipped -1.27% to $5.45.
Coeur Mining Inc (CDE) Reports Mixed 1Q15 Results.
Coeur Mining reports mixed 1Q15 results
Coeur Mining (CDE) stated 1Q15 revenue of $153 million. It missed consensus estimates by $2.55 million. The company stated net loss of $24.4 million, or $0.24 per share, in 1Q15. This was better than a net loss of $37.5 million, or $0.37 per share, in 4Q14. As a result, it beats the estimates by $0.03 per share. Coeur Mining credited the improved earnings to the decline in AISC (all-in sustaining costs) by 8% from the fourth quarter.
M&A activity
During 1Q15, Coeur Mining accomplished the acquisition of the Wharf gold mine from Goldcorp (GG). It’s predictable to produce 74,000–78,000 gold ounces for the rest of 2015. Meanwhile, the acquisition of Paramount Gold and Silver surged the company-wide reserves by 12%.
Now, Coeur Mining’s Palmarejo reserves total 54 million silver ounces and 876,000 gold ounces. Newmont Mining (NEM) has the second-largest gold reserves in the world totaling 82.2 million ounces. Hecla Mining (HL) had the highest silver reserves in the company’s history at the end of 2014—totaling 173 million ounces. It had gold reserves of 4 million ounces.
Investors can gain exposure to the precious metals industry through gold-backed ETFs like the Market Vectors Gold Miners Index (GDX). Coeur, Newmont, and Hecla account for 9% of GDX’s holdings.
Coeur Mining, Inc., through its auxiliaries, engages in the ownership, operation, exploration, and development of silver and gold mining properties primarily in the United States, Mexico, Bolivia, Argentina, Australia, Ecuador, Chile, and New Zealand. Its principal properties comprise the Palmarejo silver and gold mine in Mexico; San Bartolomé silver mine in Bolivia; Kensington gold mine located in Alaska; the Rochester silver and gold mine in Nevada; and the Endeavor mine, an underground zinc, lead, and silver mine in Australia.
Violin Memory Inc (NYSE:VMEM), ended its Friday’s trading session with -2.87% loss, and closed at $2.71.
Violin Memory Inc (VMEM) declared that Violin All-Flash Array solutions, counting the Violin Flash Storage Platform (FSP), have been selected by Valley Health System – a regional healthcare system serving residents in northern New Jersey and southern New York – to create a data center infrastructure with the performance and scalability required to meet the high demands of the healthcare industry’s electronic health record (EHR) systems.
Valley Health initially required an all-flash solution that offered an equal balance of value, performance and capacity to upgrade its mission-critical systems for an expansion. Park Place International, a provider of technology solutions for healthcare, integrated the MEDITECH EHR system with Violin All-Flash Storage solutions to create a robust data center architecture built to handle existing and future demands. After seeing immediate improvements in their records system’s performance, Valley Health then selected the Violin 7300 FSP to manage additional workloads commonly found in healthcare environments, counting virtualized server infrastructure and virtual desktops.
Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash storage platforms and all flash arrays that integrate enterprise-class hardware and software technologies to address the limitations of hard disk drive-based and solid state drive-based storage solutions that use off-the-shelf components.
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