"Star Wars" could add a$500 million in revenues for Disney in 2016, according to J.P. Morgan.» Read More
Sept 2- An anchor for Fox News Channel has sued Hasbro Inc for more than $5 million over the company's sale of a plastic toy hamster that shares her name, and which she says resembles her. In a complaint filed on Monday, Harris Faulkner, who joined Fox News in 2005, called it "demeaning and insulting" for Hasbro to portray her as a rodent with its Harris Faulkner hamster,...
PROVIDENCE, R.I.— An anchor for Fox News is suing Hasbro for more than $5 million over a toy hamster that shares her name— and possibly even her resemblance. "Hasbro's portrayal of Faulkner as a rodent is demeaning and insulting," says the lawsuit, which was filed Monday in U.S. District Court in New Jersey. The lawsuit says Faulkner never gave permission for Hasbro to...
MEXICO CITY, Sept 1- Mexico's government withheld hundreds of millions of dollars in tax refunds owed to Procter& Gamble, Unilever, and Colgate combined as it sought to coax them and other multinationals to pay more income tax locally, according to people close to the talks. After luring foreign companies with corporate tax breaks for years, Mexico moved to boost...
U.S. stocks closed mildly higher, with the Nasdaq at another record, as investors digested earnings reports.
July 20- From T-Rex to Yoda, Hasbro has its toy cupboard full for the next two years. While Mattel has struggled to boost flagging sales of its iconic Barbie dolls, Hasbro's tie-ups with movie studios have been a money-spinner for the Monopoly board game maker. The narrowing gap between the top two players reflects in their stock prices: Mattel has lost a third of its...
*Gold touches 5- year low. *Vivint Solar soars after SunEdison deal. *IBM to report after the bell.
Hasbro beats estimates for Q2 earnings.
U.S. stocks were expected to open a tad higher on Monday, with focus on a slew of second-quarter earnings reports.
Brian Goldner, Hasbro CEO, discusses what's driving the toymaker's profits, including its movie partnerships and the comeback in legacy products such as Play-Doh and Nerf.
Some of the names on the move ahead of the open.
July 20- U.S. toymaker Hasbro Inc reported a lower-than-expected decline in quarterly revenue, helped by strong demand for its " Jurassic World"- and "Star Wars"- themed toys. Demand for toys based on movie franchises have been driving Hasbro's sales as traditional toys fall out of favor. Hasbro's sales in the United States and Canada rose 1 percent in the second...
July 20- U.S. toymaker Hasbro Inc reported a near 4 percent fall in quarterly revenue, hurt by the strong dollar. Net income attributable to Hasbro rose to $41.8 million, or 33 cents per share, in the second quarter ended June 28, from $33.5 million, or 26 cents per share, a year earlier. Sales in Hasbro's games category, its second largest revenue driver, fell 6.2 percent...
July 1- Toy maker Hasbro Inc is bringing the Monopoly board game to the silver screen, in a movie about a boy's quest to make his fortune and avoid jail time. Andrew Niccol, who was nominated for an Academy Award for writing Jim Carrey's "The Truman Show," will write the screenplay for the movie, to be co-produced by Hasbro and Lions Gate Entertainment Corp..
Lionsgate and Hasbro partner to turn the iconic board game Monopoly into a film.
Alibaba Chairman Jack Ma says he wants small businesses and entrepreneurs to sell products on the Alibaba platform to Chinese consumers.
Customized sneakers that can be delivered on-demand has boosted the brand appeal of New Balance footwear that sell for $75 to $400.
Sharon Price John is embracing the fundamentals that made Build-A-Bear so iconic, while giving it the modern makeover it desperately needed.
DC Comics, Warner Bros. and Mattel are launching a new brand of entertainment to get more young girls excited about superheroes.
U.S. stocks closed sharply higher on Monday amid an unexpected stimulus from China's central bank as investors kept eyeing corporate earnings.
U.S. government debt yields rose on Monday after China's central bank cut the amount of money that banks must hold as reserves.