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DreamWorks' shares fall as investors worry about financial issues
DreamWorks' shares fall as investors worry about financial issues

DreamWorks Animation's plans to lay off 500 people, overhaul management and release fewer movies was intended to reassure investors that the struggling Glendale studio was taking steps to right itself. But the moves had the opposite effect on Wall Street: DreamWorks' shares tumbled $1.64, or 7.7%, to $19.67 on Friday. Analysts and investors are worried about the company's long-term financial health, and some predict that the creator of "Shrek" movies could even be forced into bankruptcy in the next two years if box-office results don't improve. Much of the concern has been focused on DreamWorks' disclosure that it would record expenses of at least...

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