Hasbro (HAS) PT Raised to $109 at Barclays; Remains Sidelined

Hasbro Reports Revenue and Net Earnings Growth for First Quarter 2017

First quarter 2017 revenues grew 2% to $849.7 million including revenue growth of 2% in the U.S. and Canada segment and 24% in the Entertainment and Licensing segment; International segment revenues were flat; Growth in Franchise Brands, Hasbro Gaming and Emerging Brands offset the expected decline in Partner Brands; Net earnings increased 41% to $68.6 million or $0.54 per diluted share; Reported net earnings include a $0.11 per diluted share benefit versus first quarter 2016 from the adoption of FASB ASU No. 2016-09; Company returned $81.5 million to shareholders in the quarter;... More

Los Angeles Students Take Home the W-I-N at the 2017 North American School SCRABBLE Championship

FOXBOROUGH, Mass.--(BUSINESS WIRE)-- After a weekend filled with unscrambling dozens of letters and locating coveted vowels, the student SCRABBLE team of Jem Burch and Zach Ansell, from Los Angeles, Calif. took home the title of 2017 North American School SCRABBLE Champions. More than 150 top School SCRABBLE players in grades 4 through 12 competed in the 15th annual North American School SCRABBLE Championship at Gillette Stadium in Foxborough, Mass. The winning duo was awarded a prestigious $10,000 grand prize after defeating dozens of enthusiastic teams.

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