Lions Gate Entertainment

Lions Gate Entertainment (NYSE: LGF) is scheduled to report fourth-quarter fiscal 2011 results after the markets close tomorrow, May 31. Analysts expect this producer and distributor of independent films to announce that per-share earnings came in at $0.18, which compares to a net loss of $0.19 per...

Things will be fairly quiet on the earnings front this holiday-shortened week as the spring earnings season winds down. Joy Global (NASDAQ: JOYG) and SAIC (NYSE: SAI) are the only S&P 500 components currently on the scheduled to report quarterly results this week. The latter is expected to post...

Wunderlich Securities reiterated its Buy rating on Lions Gate (NYSE: LGF). At the same time, Wunderlich left its price target unchanged at $8.50 ahead of the company's quarterly report on Tuesday. In a research report published today, Wunderlich states, "We are constructive on Buy-rated Lionsgate...

Carl C. Icahn has raised his offer to purchase Lions Gate Entertainment Corporation (NYSE: LGF) to $7.50/share (previously $6.50), as he has been trying to gain control since 2006 of the company that has produced "Saw", "Mad Men" and "The Expendables". Icahn was quoted saying: "Lions Gate’s latest...

Thomas Weisel Partners analysts Benjamin Mogil and Benjamin Shapiro maintained their Market Weight rating for shares of Lions Gate Entertainment (NYSE: LGF) and raised the price target from $5 to $6. Although on its own they value Lions Gate Entertainment at $5 to $5.50 per share, the $6 price...

Although Metro-Goldwyn-Mayer has received takeover bids from several investors, the company may have to arrange a "prepackaged" bankruptcy in order to appease its creditors. MGM is currently owned by a group of investors including Sony (NYSE: SNE), Comcast and Providence Equity Partners. The film...