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Wal-Mart Shares Lower as Retailer Partners With DreamWorks on Merchandising Deal

  • by MidnightTrader.com
    March 19, 2010 - 12:27 pm EDT
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12:27 PM Eastern Daylight Time, 03/19/2010 (MidnightTrader) — Wal-Mart Stores (WMT) and DreamWorks Animation SKG partnered to sell toys and other products tied to DreamWorks’ upcoming movie "How to Train Your Dragon," according to Marketwatch.

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The deal is different than other partnership deals in that the two parties came together more than a year ago, before the film was created, to talk about toys and other products, package design and parallel marketing, MarketWatch reported, citing a Wal-Mart spokeswoman.

Wal-Mart shares were down $0.40, 0.72%, to $55.54.

Price: 55.54, Change: +0.40, Percent Change: +0.72

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