Hasbro falls despite Spider-Man
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Toy firm Hasbro has seen quarterly earnings slump despite tie-ins to Spider-Man and Transformers movies.
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Hasbro Inc. , the second largest U.S. toy maker, reported a 15 percent rise in fourth-quarter profit on Friday, helped by strong sales of Nerf balls and Monopoly board games.
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Toy company Marvel Enterprises Inc. on Thursday blamed a sharp drop in third-quarter profit on a tax swing in the period, but the company still beat Wall Street expectations as sales and license fees soared from sales of Spider-Man merchandise.
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Despite another win, the armored vehicle maker's stock falls.
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By Barbara Isaacs, The Lexington Herald-Leader, Ky.  Feb. 3--The scuffed and worn Spider-Man legs have seen much better days -- just what Wayne Cottle likes to see.
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Comic-book fans already know Stan Lee is a Marvel legend. Now Hasbro is making it official.
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Hasbro Inc. agreed on Tuesday to voluntarily recall nearly 1 million of its toy Easy-Bake Ovens because children's hands can get caught in the opening, the U.S. Consumer Product Safety Commission said.
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Mattel, which appears to have stumbled in part because it had become overconfident about its ability to operate in China without major problems, is in crisis mode.
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Toymaker Hasbro Inc.  said on Wednesday its full-year net revenue would drop and forecast earnings well below Wall Street expectations, citing a tough retail environment and disappointing performance domestically.
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Marvel says the massively multiplayer City of Heroes lets players create characters that resemble its own, so the company is suing. That's not sitting well with free-speech advocates. By Daniel Terdiman.
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The consumer electronics retailer stumbles as its larger rivals thrive.
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PROVIDENCE, R.I. -- Hasbro Inc. reported a hefty 24 percent rise in its fourth-quarter profit on Monday and named a successor to its chief executive who is becoming chairman of the world's second biggest toymaker.
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Fisher-Price, a unit of Mattel Inc., on Tuesday took the wraps off T.M.X. Elmo, ending months of unprecedented secrecy that's had the toy industry abuzz. Until the unveiling, only about 50 people had seen it. He's still red, fuzzy and really ticklish, but now Elmo's laughing fits have him slapping his knee, falling to the floor, rolling over and pounding his arm.
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Missed comps may be short-term noise for the soaring retailer.
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Sony cuts full-year forecast by 3%, Matsushita warns on effects of high oil prices and competition. TOKYO  - Sony Corp. Thursday reported a quarterly profit gain thanks to the &quot;Spider-Man 2&quot; hit movie
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Hasbro Inc  posted a better-than-expected quarterly profit on Monday, boosted by strong demand for its Transformers, Nerf and Furreal Friends product lines, helping to send its shares up as much as 4 percent.
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Hasbro Inc. , the second  largest U.S. toy maker, reported a 15 percent rise in  fourth-quarter profit on Friday, helped by strong sales of Nerf  balls and Monopoly board games.