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Into the Toy Box: Dissecting Hasbro’s Earnings
Hasbro disappointed the Street when it posted earnings before the bell Friday, February 8.
Hasbro said adjusted earnings for the three months ending in December came in at $1.33 per share, down 42% from the same period last year and shy of the Street consensus of $1.67.
Real Money has wall to wall coverage of the toymaker as the featured Stock of the Day.
What’s Going on with Jeff Bezos?
Jeff Bezos, CEO of Amazon and owner of The Washington Post, on Thursday accused American Media CEO David Pecker, a close confidante of President Trump, of attempting to blackmail him by threatening to publish explicit selfies of Bezos in the National Enquirer.
Hear Cramer’s insights.
Banking on the Bank Sector: BB&T’s Merger With SunTrust
Cramer wrote about the merger in his Real Money column Friday.
“Thursday’s stunning merger announcement between SunTrust and BB&T was, I think, all about “disrupt to thrive,” as BBT’s CEO Kelly King said on its conference call. Sure they had a cultural fit. There are strategic similarities and tremendous economics to the deal. The efficiency ratio — the expenses as a percentage of revenue — will be an astounding 51%,” wrote Cramer.
Read his column here.
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