Hasbro pounded due to Toys ‘R’ Us closings
April 23, 2018
Hasbro management warned investors back in February that they foresaw that the imminent demise of Toys “R” Us would undercut their business, and they were right. The toymaker reported a first quarter net loss of $112.5 million, or 90 cents per share, compared with a profit of $68.6 million, or 54 cents per share, a year earlier. Shares of the company plunged in pre-market trading today.
Recent News
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.
National Pretzel Day Deals Await
April 26 marks National Pretzel Day, honoring one of America’s cherished snacks.
Best and Fastest-Selling New Cars in 2024 Ranked
In a recent study by iSeeCars, Toyota emerged as the fastest-selling new car brand from October 2023 to March 2024.