hasbro

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel Shares Drop After Rejecting Hasbro Offer

Mattel, Inc. (NASDAQ: MAT) shares fell in late trading following a rejection from the possible Hasbro, Inc. (NASDAQ: HAS) takeover, a deal that could’ve created the largest American toymaker. Mattel claims that the proposal undervalues the com..

Hasbro to Acquire Mattel

Hasbro to Acquire Mattel

Hasbro (NASDAQ: HAS) has announced plans to buy Mattel (NASDAQ: MAT) in an attempt to combine the two biggest U.S. toymakers in more than two decades. By uniting Hasbro’s My Little Pony, Nerf, and Monopoly brands with Matter’s Barbi..

Layoffs in Lego Land; First Reported Losses in Over a Decade

Layoffs in Lego Land; First Reported Losses in Over a Decade

Lego announces today that they will be laying off up to 1,400 of their 18,200 employees worldwide  – Roughly 8 per cent of the company’s staff – as they plan to revamp a business model that, while it has helped keep Lego relev..

Hasbro’s Revenue Exceeds Expectations

Hasbro’s Revenue Exceeds Expectations

Toymaker Hasbro Inc. (NASDAQ: HAS) reached their highest sales in 1-1/2 years after shares dropped 5% at $110.25 and increased stock to about 50% this year due to the demand for their Transformers and Nerf toys in the United States. Most of the comp..

J C Penney to Sell Toys at Department Stores

J C Penney to Sell Toys at Department Stores

J C Penney Company Inc. (NYSE: JCP) stock surged jumped 8% after the retailer announced that it is opening toy shops in all of its brick-and-mortar locations with a significantly expanded assortment available at JCPenney.com.The company reporte..

Hasbro Reported better-than-expected Revenue

Hasbro Reported better-than-expected Revenue

Hasbro, Inc. (NASDAQ: HAS) on Monday report first quarter earnings that beat analysts’ estimates, helped by robust revenue from its entertainment and licensing business.The company said revenue rose 2.2 percent to $849.7 million in the quarter..