|Bid||0.00 x 2900|
|Ask||0.00 x 4000|
|Day's Range||11.35 - 11.61|
|52 Week Range||9.06 - 17.27|
|Beta (3Y Monthly)||2.21|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 23, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.67|
J. Jill, AMC Entertainment, Costco, Apple and Mattel are the companies to watch.
With tariffs looming and the holiday season approaching, MGA Entertainment Founder and CEO, Isaac Larian talks with Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Cheung and Pras Subramanian.
Lego’s last chief executive, the Indian-born Bali Padda, shocked workers when he revealed he was an adult when he first played with the company’s colourful plastic bricks. So when the world’s largest toymaker ...
Is Hasbro interested in staying in the music business as part of its $4 billion eOne acquisition? Yahoo Finance talks with Hasbro CEO Brian Goldner.
Hasbro has acquired Entertainment One for $4 billion, a deal that comes with Peppa Pig and lots of other assets.
Hasbro (HAS) agrees to buy Entertainment One for $4 billion. This buyout is likely to be accretive to the company's EPS in the first year.
(Bloomberg Opinion) -- At first glance, Entertainment One Ltd. and Hasbro Inc. make for ideal bedfellows. The former makes kids TV hit Peppa Pig, the latter is the world’s biggest toymaker. Merge one with the other and you get a combined video and merchandising giant.That’s why there’s sound strategic rationale for Hasbro’s planned 3.3 billion-pound ($4 billion) acquisition of the Toronto-based studio. It gets its trotters on some valuable kids’ franchises that it can turn into more toys, and it can use eOne’s TV and film production chops to exploit its own catalog of games, which span from Monopoly to Buckaroo! to Jenga.Hasbro has a decent if not stellar track record of turning its game franchises into films. The Transformers and G.I. Joe movies have done well at the box office, though no one would accuse them of being critical successes.That’s where reservations about the eOne deal come in. While it might be known as the firm behind Peppa Pig, the cartoon represents just 10% of its total revenue. The company’s family and brands business is expanding quickly, but its film and television division, which has made films such as Green Book and TV shows including The Walking Dead, contributes more sales and profit. It has something that Hasbro lacks: prestige.Darren Throop, the eOne chief executive, prides himself on the quality of the film and TV productions. It’s easy to see how eOne stalwarts might find the prospect of churning out spinoffs from Hasbro’s board games and toys hard to stomach. Sure, the deal logic holds up on paper: 130 million pounds of anticipated synergies by 2022 could lead to returns from the deal nearing 8% based on analyst earnings forecasts, just about covering the cost of capital. And that's before any upside from selling more toys or making more films.But are these firms as good a cultural fit as they insist? That might be the biggest hurdle to realizing the deal’s potential. That’s assuming it even completes. Right now, that’s in doubt. The stock traded as high as 5.90 pounds on Friday, above Hasbro’s 5.60 pounds-per-share bid, suggesting investors anticipate either an activist pushing the purchase price higher, or a counterbidder sticking their snout in. Rivals might include the Walt Disney Co., John Malone’s Liberty Global Plc, Vincent Bollore’s Vivendi SA, Comcast Corp. or even toymaking rival Mattel Inc.The plethora of competing TV and film streaming services has sparked a fight for high-quality content, and eOne has some of the best, helped by relationships with Steven Spielberg, with whom it has a production joint venture, and super-producer Mark Gordon.Disney expanded from a production company into a merchandising and theme park giant, and its success under CEO Bob Iger has been built around recognizable franchises such as Star Wars, Marvel and Pixar’s output. Hasbro is making a play to do the same but in the opposite direction. High-quality content is increasingly scarce and expensive, though. That might make eOne an equally tasty morsel for someone else.To contact the author of this story: Alex Webb at email@example.comTo contact the editor responsible for this story: James Boxell at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
The real-time player-versus-player racing game marks the first time that Mattel Inc. has published its own free-to-play game for the Hot Wheels franchise.
Mattel, Inc. (MAT) today announced the launch of Hot Wheels™ Infinite Loop, a new digital racing game that brings the legendary Hot Wheels® catalog to mobile devices for the ultimate smash-and-crash speed competition. With an introduction timed to Gamescom, Europe’s leading trade fair for digital games culture held in Cologne, Germany, Hot Wheels Infinite Loop is available on the App Store for iPhone and iPad and allows fans to engage with the brand in an exciting new way. The first-ever Mattel-published, free-to-play game for the Hot Wheels franchise, Hot Wheels Infinite Loop reimagines the most famous Hot Wheels vehicles fans grew up with in a racing and car-collecting game for players ages 13 and above.
Trump delayed tariffs on some Chinese goods until December 15, but toymakers are not convinced the delay will save Christmas.
Investing.com – Wall Street surged on Tuesday after the U.S. Trade Representative office said it would delay tariffs on some Chinese goods to Dec. 15.
NEW YORK , Aug. 13, 2019 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Mattel, Inc. ("Mattel" or "the ...
Investing.com - Retailers and toy makers got a respite from the trade war on Tuesday after the U.S. Trade Representative office said tariffs on some toys and apparel goods would be delayed.
Shares of toymakers Mattel and Hasbro were rising sharply Tuesday after the Trump administration announced that it will delay 10% tariffs on certain Chinese products that were supposed to take effect in September. Mattel shares were rising 4.3% to $11.48 on Tuesday, while Hasbro shares jumped 4.6% to $118.43. The Office of the U.S. Trade Representative said it will delay tariffs on several items in the basket of $300 billion in consumer goods that are made in China and sold in the United States, which were set to rise to 10% on Sept. 1, until at least Dec. 15.
Jeffrey Epstein Found Hanged, Dead in Cell Less than one day after hundreds of pages of documents were unsealed revealing the extent of billionaire financier pedophile Jeffrey Epstein’s sex crimes, the guy was found dead in his cell. He appeared to have hanged himself. For some reason, he was not under suicide watch at the […]The post Market Morning: Epstein Dead, Mattel Gets Threatened, Greenspan Worried, Walmart Inflation appeared first on Market Exclusive.