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News Breaks | | | | January 3, 2013 | | 07:49 EDT |  | HAS | Hasbro Q4 sales, earnings may miss consensus, says Needham
Needham said its channel checks throughout the holidays indicated U.S. retail toy sales were weak and retail inventories could be higher than desired. The firm said it would not be surprised to see Hasbro's sales and earnings for Q4 come in below consensus. Needham remains cautious on the stock with a Hold rating, thinking the company's results could remain weak in the first half of 2013. | |
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News For HAS From The Last 14 Days Check below for free stories on HAS the last two weeks. |
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| June 17, 2013 | | 13:17 EDT |  | HAS | Hasbro, Rovio announce expanded Angry Birds agreement
Hasbro and Rovio Entertainment announced an expanded licensing agreement for Hasbro to develop toys and physical games based on the Angry Birds brand. The new agreement makes Hasbro the premier toy licensee for Angry Birds, including the upcoming game Angry Birds Go! set to be released this year. In addition, Hasbro will continue to develop and expand their collaboration with Angry Birds Star Wars from Rovio Entertainment and LucasFilm. The terms of the agreement give Hasbro licensing rights worldwide. New toys and games are planned for fall 2013 based on the upcoming Angry Birds Go! property and Angry Birds Star Wars. More details will be released later in the year. | |
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