Hasbro says expects to deliver $100M in annual savings by 2015 Says emerging markets now over 10% of total sales. Says targeting double digit growth in emerging markets. Says planning to re-invent "Transformers" brand. Says still in the early stages of turning around Games unit. Comments made at the company's Investor Day.
News For HAS From The Last 14 Days
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Hasbro poised for multiple expansion, says Wells Fargo Wells Fargo expects Hasbro's multiple to expand as a result of operating leverage that the company will have in developing markets. The firm expects the company to report slightly better than expected 2014 and 2015 results, and keeps an Outperform rating on the stock.