Monday, April 23, 2007

HAS HSC are added into our watchlist

it is turning its business from negative to positive ,which has received the acknowledgment from the investors. Keeping an eye on it could do good to you since it also raise the guidance of this year. Stock repurchase plan means company has a bullish bias toward this calendar year.

Highlights

  • Net revenues of $625.3 million, an increase of $157.1 million or 34% compared to $468.2 million a year ago;
  • Net earnings of $32.9 million, or $0.19 per diluted share, compared to net loss of ($4.9) million, or ($0.03) per diluted share last year;
  • All major product categories were up significantly, with growth driven by shipments of the MARVEL product line, as well as core brands including LITTLEST PET SHOP, NERF, PLAY-DOH, MY LITTLE PONY, PLAYSKOOL, TRANSFORMERS and board games;
  • During the quarter, the Company repurchased approximately 2.5 million shares of common stock at a total cost of $74 million.

Hasbro, Inc. (NYSE: HAS) today reported net revenues of $625.3 million, an increase of $157.1 million or 34% compared to $468.2 million a year ago. The Company reported net earnings of $32.9 million or $0.19 per diluted share, compared to a net loss of ($4.9) million or ($0.03) per diluted share in 2006.

We are very pleased with the strong start to the year, with all major product categories growing year over year. Our core brands and new product initiatives performed very well with revenue growth for the quarter pretty balanced between our MARVEL business and all our other Hasbro business, said Alfred J. Verrecchia, President and Chief Executive Officer. That said, it is only the first quarter and there is still a lot of business to be done to achieve our full-year financial goals, Verrecchia concluded.

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HSC

Industrial services conglomerate Harsco Corp. on Monday increased its earnings guidance for this year by 17 cents, citing strength in its global markets overall, expectations for normalized production levels in the U.S. and potential acquisitions. And investors were quick to say thank-you.

The increased optimism plus a 39-percent jump in first-quarter profit lifted company shares 4.9 percent, or $2.39 per share, to $51 in premarket trading after closing Friday on the New York Stock Exchange at $48.61.

The company said it now expects full-year 2007 earnings from continuing operations in the range of $2.69 per share to $2.74 per share, compared with a previous forecast of between $2.52 per share and $2.57 per share. Continuing operations excludes results from businesses that have been, or are in the process of being sold.

Last year, Harsco (nyse: HSC - news - people ) reported earnings from continuing operations of $2.21 per share.

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RS , the steel maker is climbing steadily.
GES, guess corp is also added into our list too.



6 comments:

Unknown said...

小时候玩过的变形金刚,哈哈。

Metronic said...

hehe, exactly. It consistantly gives surprise in the past 5 quarters, amazing transition. Let's keep an eye on it.

TPP said...

admire Qianhu.....

Metronic said...

hehe, paopao, we can further work on this guy.

bobby said...

Ai ya ya, Typo again?

Shouldn't it be HAS (Hasbro, Inc) instead of HSC(Harsco Corp.)

Interestingly, HSC reported a nice earning today too.

Metronic said...

Thanks bobby for pointing out:)
Both HSC and HAS are added:)