At a recent life-sciences conference in Stockholm, execs of several U.S. and foreign biotechs clashed with Big Pharma in a lively debate on the merits of their respective goals and products. The result, however, was a stand-off…
Hasbro Inc (HAS) reported third-quarter earnings of $1.09 per share, compared with 99 cents per share a year earlier.
Net revenue rose 3% to $1.31 billion, the toymaker said in a statement. Absent the negative impact of foreign exchange movements, and revenue was up 4%.
The company saw growth in its preschool, boys and games & puzzles categories.
“Innovation across Hasbro’s…
Continue reading Hasbro Reports Third-Quarter Earnings of $1.09 Per Share
Hasbro Reports Third-Quarter Earnings of $1.09 Per Share originally appeared on DailyFinance on Mon, 18 Oct 2010 07:16:00.
Filed Under: Company News, Earnings, Retail, Stocks in the News
BHP Billiton (BHP) and Rio Tinto (RIO) gave up on plans to form the world’s biggest iron-ore exporter, citing regulatory requirements.
Regulators in Asia and Europe wanted the companies to implement changes, including asset sales, that the companies could not accept, Bloomberg News said. The regulators were worried that the deal would limit competition.
BHP and Rio, the world’s…
Continue reading BHP, Rio Scrap Plans to Form World’s Biggest Iron Ore Exporter
BHP, Rio Scrap Plans to Form World’s Biggest Iron Ore Exporter originally appeared on DailyFinance on Mon, 18 Oct 2010 07:00:00.
Filed Under: Company News, Technology
As it continues to raise funds to deal with the fallout from the Gulf oil spill, oil giant BP (BP) is set to sell a total of $1.8 billion in assets in Venezuela and Vietnam to TNK-BP.
TNK-BP, a joint venture between BP and a group of Russian billionaires, will make a $1 billion deposit by Oct. 29 and pay the rest in the first half of 2011, Bloomberg News reported.
“It sounds like a…
Continue reading BP to Sell Venezuela, Vietnam Assets for $1.8 Billion
BP to Sell Venezuela, Vietnam Assets for $1.8 Billion originally appeared on DailyFinance on Mon, 18 Oct 2010 06:28:00.
Filed Under: Energy, Company News, Green, BP
Third-quarter reports are due from tech, financial, airline and pharmaceutical companies, among others. Here’s a day-by-day rundown of the coming earnings highlights, with a closer look at Harley-Davidson, Netflix and Southwest…