Hasbro Inc. (NASDAQ:HAS) [Trend Analysis] luring active investment momentum, shares a gain 7.43% to $81.82. Hasbro Inc.’s acquisition of the Disney Princess franchise from Mattel Inc., one of the toy industry’s biggest turnabouts in recent years, paid off in the firm’s recent results.
Sales of Hasbro toys aimed at girls surged 57 percent to $462 million in the third quarter, the Pawtucket, Rhode Island-based firm stated on Monday. That compares with a 2 percent raise for boys’ products. Much of the sales gain came from Disney Princess and Frozen licenses, which Hasbro snatched away from Mattel in a 2014 accord. The total volume of 9.31 Million shares held in the session was surprisingly higher than its average volume of 1106.11 shares. EPS anticipates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 11.40%, and looking additional price to next year’s EPS is 11.80%. While take a short look on price to sales ratio, that was 2.22 and price to earnings ratio of 21.44 attracting passive investors.
Shares of Western Refining, Inc. (NYSE:WNR) [Trend Analysis] runs in leading trade, it moving up 0.51% to traded at $27.42. The firm has price volatility of 3.00% for a week and 3.87% for a month. Its beta stands at 1.37 times. A Delaware limited alliance and an indirect, wholly-owned subsidiary of Western Refining, Inc. (WNR), Northern Tier Energy LP reported that its wholly owned subsidiaries, Northern Tier Energy LLC and Northern Tier Finance Corporation have commenced a tender offer to purchase for cash up to $195,000,000 aggregate principal amount of their 7.125% Senior Secured Notes due 2020.
The purpose of the Tender Offer is to satisfy the Issuers’ obligations under the indenture governing the terms of the Notes, which require an offer to be made to all holders of the Notes when Northern Tier disposes of certain assets. On September 15, 2016, Northern Tier completed its sale of certain storage, terminalling and other logistics assets to Western Refining Logistics, LP (WNRL) for total consideration of about $210 million, of which $195 million was cash.
The Tender Offer commenced and will expire at 5:00 p.m., New York City time, on November 15, 2016, unless extended by the Issuers in their sole discretion. Registered holders who tender their Notes previous to the Expiration Date will be eligible to receive $1,000 per $1,000 principal amount of Notes tendered, plus any accrued and unpaid interest up to, but not comprising, the payment date. Narrow down four to firm performance, its weekly performance was -0.54% and monthly performance was -0.98%. The stock price of WNR is moving up from its 20 days moving average with 0.31% and isolated positively from 50 days moving average with 6.18%.