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Hasbro Inc (HAS.OQ)

HAS.OQ on NASDAQ Stock Exchange Global Select Market

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22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Hasbro Closes Acquisition Of Saban Properties' Power Rangers And Other Entertainment Assets
Wednesday, 13 Jun 2018 

June 12 (Reuters) - Hasbro Inc ::HASBRO CLOSES ACQUISITION OF SABAN PROPERTIES’ POWER RANGERS AND OTHER ENTERTAINMENT ASSETS.  Full Article

Hasbro Signs Licensing Agreement With Blizzard Entertainment
Tuesday, 22 May 2018 

May 22 (Reuters) - Hasbro Inc ::HASBRO - HAVE SIGNED A LICENSING AGREEMENT WITH BLIZZARD ENTERTAINMENT.  Full Article

Hasbro To Acquire Saban Brands’ Power Rangers And Other Entertainment Assets
Tuesday, 1 May 2018 

May 1 (Reuters) - Hasbro Inc ::HASBRO TO ACQUIRE SABAN BRANDS’ POWER RANGERS AND OTHER ENTERTAINMENT ASSETS.HASBRO INC - DEAL FOR OF CASH AND STOCK VALUED AT $522 MILLION.HASBRO INC - TRANSACTION, INCLUDING INTANGIBLE AMORTIZATION EXPENSE, IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON HASBRO'S 2018 RESULTS OF OPERATIONS.HASBRO - WILL ISSUE $270 MILLION WORTH OF HASBRO COMMON STOCK FOR POWER RANGERS BRAND AND SEVERAL OTHER ENTERTAINMENT BRANDS.HASBRO - WILL PAY ADDITIONAL $229.75 MILLION IN CASH, WILL ISSUE $270 MILLION HASBRO STOCK FOR POWER RANGERS BRAND, SEVERAL OTHER ENTERTAINMENT BRANDS.HASBRO INC - AGREEMENT INCLUDES ALL RELATED INTELLECTUAL PROPERTY, CATEGORY RIGHTS AND CONTENT LIBRARIES OWNED BY SABAN PROPERTIES AND ITS AFFILIATES.  Full Article

Hasbro Reports Q1 Loss Per Share Of $0.90
Monday, 23 Apr 2018 

April 23 (Reuters) - Hasbro Inc ::HASBRO REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS.Q1 REVENUE $716.3 MILLION VERSUS I/B/E/S VIEW $814 MILLION.Q1 EARNINGS PER SHARE VIEW $0.33 -- THOMSON REUTERS I/B/E/S.Q1 LOSS PER SHARE $0.90.Q1 NON-GAAP EARNINGS PER SHARE $0.10 .WE REMAIN ON TRACK TO MEET OUR GOAL OF GENERATING $600 TO $700 MILLION IN OPERATING CASH FLOW THIS YEAR.QTRLY NET REVENUE FROM U.S. AND CANADA $364.3 MILLION VERSUS $451.6 MILLION REPORTED LAST YEAR.QTRLY INTERNATIONAL SEGMENT NET REVENUE $287.9 MILLION VERSUS $345.3 MILLION REPORTED LAST YEAR.QTRLY FRANCHISE BRANDS NET REVENUE $361.7 MILLION VERSUS $449.2 MILLION.QTRLY HASBRO GAMING NET REVENUE $105.2 MILLION VERSUS $135.8 MILLION.QTRLY PARTNER BRANDS NET REVENUE $200.6 MILLION VERSUS $213 MILLION.DURING Q1, COMPANY RECORDED LOWER REVENUES IN PART DUE TO LOSS OF REVENUES FROM TOYS"R"US IN U.S. AND EUROPE.Q1 REVENUES DECREASED TO $716.3 MILLION DUE TO LIQUIDATION OF TOYS"R"US AND RETAIL INVENTORY OVERHANG, PRIMARILY IN EUROPE.HASBRO - IN ASSOCIATION WITH RELATED LIQUIDATIONS OF TOYS"R"US, COMPANY RECORDED AFTER-TAX EXPENSES OF $61.4 MILLION IN QUARTER, PRIMARILY BAD DEBT.HASBRO- U.S. AND CANADA SEGMENT’S Q1 PERFORMANCE REFLECTED TOYS“R”US LIQUIDATION IN LOWER REVS & $52.3 MILLION OF PRE-TAX EXPENSES, PRIMARILY BAD DEBT.  Full Article

Hasbro Sets Quarterly Cash Dividend Of $0.57/Share
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Hasbro Inc ::SETS QUARTERLY CASH DIVIDEND OF $0.57 PER SHARE.  Full Article

Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones
Saturday, 11 Nov 2017 

Nov 10 (Reuters) - :Hasbro makes takeover approach to Mattel - CNBC citing , Dow Jones.  Full Article

Paramount Pictures and Hasbro teams up to produce content
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Hasbro Inc :Paramount Pictures and Hasbro to produce and distribute live action and animated content under five year exclusive relationship.Hasbro Inc - ‍co, Paramount Pictures will be teaming up to produce and distribute content based on Hasbro brands, as well as original stories​.Hasbro Inc - ‍terms of relationship are not being disclosed​.Hasbro Inc - ‍ Paramount and Hasbro will also collaborate on television programming​.Hasbro Inc - ‍companies will collaborate on live action and animated films​.  Full Article

Hasbro signs agreement with Toys R Us on receivables
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Hasbro Inc :Hasbro CEO- Q3 operating profit margin would have been about 100 basis points higher excluding incremental bad debt expense related to Toys R Us bankruptcy -conf call.Hasbro CFO- "expect timing impact of ultimate collection from our Toys"R"Us receivables could add an incremental 2 days on our year-end receivables compared to the end of 2016" -conf call.Hasbro CFO- "there is higher near-term uncertainty with Toys"R"Us as we see how they'll begin to execute their plan to emerge from Chapter 11" -conf call.Hasbro CFO- "we did have some shipments that we stopped when we heard of Toys"R"Us declaring their bankruptcy. But just for a short period of time" -conf call.Hasbro CFO- "With Toys"R"Us just having filed for bankruptcy so late in the third quarter, we've adjusted a bit our thoughts around the fourth quarter" -conf call.Hasbro CEO on Toys "R" Us bankruptcy- "In fact, this wouldn't have been an issue had it happened earlier in the year, and it's not an issue for us in 2018".Hasbro CEO on Toys "R" Us bankruptcy- "we do need to assess what Toys"R"Us will represent of the total inventories in the fourth quarter".Hasbro CEO indicates "fluid environment" about shipping to Toys "R" Us, says "there's an opportunity to put our inventory up in the marketplace in a number of places".Hasbro CEO - have signed an agreement with Toys R Us on receivables and go-forward on finance.  Full Article

Hasbro reports Q3 earnings per share $2.09
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Hasbro Inc :Hasbro reports revenue, net earnings and earnings per share growth for third quarter 2017.Q3 earnings per share $2.09.Q3 revenue $1.79 billion versus I/B/E/S view $1.78 billion.Q3 earnings per share view $1.94 -- Thomson Reuters I/B/E/S.Sees Q4 revenue up 4 to 7 percent.Hasbro Inc - Qtrly ‍international segment net revenues increased 7% to $739.2 million compared to $690.7 million in 2016​.Hasbro Inc qtrly ‍U.S. and Canada segment net revenues increased 7% to $993.8 million​.Hasbro Inc - Qtrly ‍hasbro gaming revenues grew 22% to $280.1 million​.Hasbro Inc qtrly ‍franchise brand revenues increased 7% to $827.3 million​.Hasbro Inc qtrly ‍partner brand revenues decreased 2% to $485.7 million​.Hasbro Inc - Qtrly ‍reported net earnings include a $0.04 per diluted share benefit versus Q3 2016 from adoption of FASB ASU No. 2016-09​.Hasbro Inc- ‍ U.S. and Canada segment was negatively impacted by Toys"R"Us bankruptcy in Q3​.Hasbro Inc - "‍Updated expectation is Q4 revenues will increase in a range of 4% to 7% versus q4 2016"​.Hasbro Inc - ‍Continue to "work closely with Toys"R"Us" as co heads into holiday period​.  Full Article

Hasbro and Netflix announce new original series
Monday, 31 Jul 2017 

July 31 (Reuters) - Hasbro Inc :Announcement of Stretch Armstrong and Flex Fighters, a new original series from Hasbro studios premiering on Netflix.  Full Article

Deals of the day-Mergers and acquisitions

May 1 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: