Hasbro 3rd-Quarter Results Higher than Expected
{mosimage} Hasbro has exceeded expectations for their third-quarter results, according to KYW Newsradio 1060. Hasbro revenue gained 7% this year, 1.3 Billion from 1.27 billion last year. Though the profit margin this year was lower than it was last year, if the large tax-benifit from last year is excluded, shares would have risen 5%. On another note, rival toymaker Mattel's profits were lower than expected.
You can read the full article here , and credit to Fosterlager over at TFW2005 for the heads up.
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