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'The Dark Knight' drops as 'Tropic Thunder' stays on top

According to Boxofficemojo.com, last weekend's top film, Viacom's (NYSE: VIA) Tropic Thunder, retained its number-one status over the past three days. It is estimated to have grossed $16 million at domestic theaters as of this writing. Of course, things could change, since the film currently in second place, Sony's (NYSE: SNE) The House Bunny, is only about a million dollars behind the Ben Stiller comedy. I have a feeling, though, that Thunder will keep its top spot. It seems to have some decent momentum behind it.

Death Race, released by General Electric's (NYSE: GE) Universal, came in third with about $12 million. Not too exciting of a debut. This is the kind of the film that ideally should have come out at the beginning of the summer box-office season. Since I haven't seen it, I can't say whether it would have been appropriate to have released it at that time (i.e., maybe it didn't come out that great and needed to be dumped in the latter days of August).

Dropping two places to number four is everybody's favorite superhero these days, Time Warner's (NYSE: TWX) The Dark Knight. The movie has roughly $489 million in total to its credit. It won't reach the heights of Titanic, but it will pass $500 million. Not too shabby for the Bat. I'm sure the studio division at Time Warner is working overdrive right now to construct a competent, cohesive marketing campaign to ensure that the home-video release adequately takes advantage of the incredible theatrical success that Knight has generated. They really have a big property on their hands with this one.

Continue reading 'The Dark Knight' drops as 'Tropic Thunder' stays on top

Hasbro could be fun this year

According to analyst Felicia Hendrix, who works at Lehman Brothers (NYSE: LEH), Hasbro Inc. (NYSE: HAS), a toy company that competes with Mattel Inc. (NYSE: MAT), might do better than she previously expected. She originally was counting on a 2.5% drop in top-line sales for all of 2008, but she now believes that the business may beat such a dire call. Further, she thinks Hasbro can do $1.93 per share in 2008; previously, she was only willing to credit the company with $1.88 per share for the year. I like it; and in case you were wondering what 2009 might bring, she's thinking $2.10 per share is completely conceivable.

Ah, Hasbro, Hasbro -- I've been watching you, and I've thought about you, but I never pulled the trigger. I should have; I remember counseling myself when the stock was trading near its 52-week low that I maybe should take a chance on it. I was thinking about how the company had some cool catalysts coming up -- Marvel Entertainment's (NYSE: MVL) films Iron Man and The Incredible Hulk might be big blockbusters this summer, so Hasbro could end up selling a lot of product based on the properties. And then there's the upcoming Star Wars: The Clone Wars project -- come on, the figures and sets based on this one should do very well since Hasbro is an ace marketer of Star Wars merch. I should have been on the ball, I guess.

If Hasbro does around $2 in earnings in 2009, that gives the toy vendor a forward P/E of about 15 right now. That's attractive, especially considering Hasbro's current dividend yield. Hasbro looked more exciting to me about ten points ago, but I think it is nevertheless an interesting investment idea at the moment. I'll want to watch for any significant pullbacks in the share price that might make Hasbro even more interesting.

Disclosure: I own shares of Marvel; positions can change at any time.

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Last updated: November 10, 2009: 06:31 PM

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