Daily Stocks News » HAS

Hasbro Beats Q3 Expectation as International Sales Soar

Warren Paige — Mon, 21 Oct 2013 16:09:39 +0000

Toymaker, Hasbro Inc. (NASDAQ: HAS) said on Monday that fiscal third quarter earnings rose 17% as the bottom line was bolstered by a double-digit percentage revenue growth in emerging markets and benefits arising from tax adjustments, offsetting weakness in the domestic market. For the latest period, sales in the girls’ segment climbed 29% to $388.7 [...]

Electronic Arts, Hasbro Enters in a 4-Year Deal (HAS, EA)

Warren Paige — Wed, 03 Jul 2013 09:08:40 +0000

Toy maker, Hasbro Inc. (NASDAQ: HAS) and video game console maker, Electronic Arts Inc. (NASDAQ: EA) announced on Tuesday that the both companies have entered in a 4-year agreement, under which, Electronic Arts will create former’s best-selling games for mobile platform.

According to the agreement, Electronic Arts will continue to develop mobile games for [...]

Hasbro Reports Q3 Results (HAS)

Warren Paige — Mon, 22 Oct 2012 14:52:49 +0000

Hasbro Inc. (NASDAQ: HAS), a toymaker, today reported its third-quarter financial results, posting a decline in earnings and revenue. However, the company’s adjusted earnings beat Street estimates. The company also said that it is gearing up to increase sales in the upcoming holiday shopping period.

For the third quarter, HAS reported net earnings of [...]

Zynga Losses Bidding War, Canadian gaming Company Amaya Gaming Group to Acquire Ongame (ZNGA)

Warren Paige — Mon, 01 Oct 2012 12:57:13 +0000

Social gaming company, Zynga Inc. (NASDAQ: ZNGA) has failed to acquire online poker provider Ongame Network. Even though Zynga was said to be “leading the race” for quite few months, the Montreal Canada-based company, Amaya Gaming Group eventually won the bidding. Amaya Gaming Group announced on Monday that it bought Ongame for $32.2 million from [...]

Hasbro Shares Rise as Q2 Profit Beats Estimates (HAS)

Warren Paige — Tue, 24 Jul 2012 07:47:39 +0000

Shares of Hasbro Inc. (NASDAQ: HAS), the second-largest U.S. toymaker, rose sharply on Monday after the company reported better-than-expected second-quarter profit, driven by better inventory management and market share gains.

HAS, which owns brands such as Monopoly and G.I. Joe, said that it reduced inventory levels in the first two quarters of the year.

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