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Closing Bell: After 9 in a row, can tech make a 10 day run? (CSCO, CIT, HAS, HGSI, LVS)

Posted Jul 20th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Cisco Systems (CSCO), CIT Group (CIT), Hasbro Inc (HAS), Las Vegas Sands (LVS)

Today was a day saved by CIT Group, Inc. (NYSE: CIT). The stronger Leading Economic Indicators helped, but today was all about a less futile financial services sector. It was also the 9th day in a row that the NASDAQ was up on the day.

Here were the unofficial closing bell levels:

Dow 8,847.93 +103.99 (1.19%)
S&P 500 950.97 +10.59 (1.13%)
Nasdaq 1,909.29 +22.68 (1.20%)

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Continue reading Closing Bell: After 9 in a row, can tech make a 10 day run? (CSCO, CIT, HAS, HGSI, LVS)

Electronic Arts (ERTS) to game up Hasbro (HAS) brands

Posted Aug 10th 2007 11:48AM by Tom Barlow (RSS feed)
Filed under: Deals, Products and Services, Competitive Strategy, Hasbro Inc (HAS), Electronic Arts (ERTS)

This week games-maker Electronic Arts (NASDAQ:ERTS) announced a deal with Hasbro (NYSE:HAS) to create electronic versions of the toymaker's brands, including Scrabble and Monopoly. The deal runs through 2013, and covers all Hasbro properties, which include such popular names as the Bratz dolls, the Fantastic Four, Gastrointestinal Joe, The Simpsons, and Twister.

While EA hasn't released information about their plans to make use of these properties, the possibilities are endless –

Monopoly Extreme -- Why should players be allowed to stroll uninhibited down Boardwalk and Atlantic Avenue, when the game could be much more interesting in a Grand-theft- Auto-type world? Imagine shooting your way out of Marvin Gardens, highjacking a Reading Railroad train, and trolling Baltic Ave. for a hooker.
Chutes and Ladders -- In the video world, falling into a chute would cost the player much more than a few squares – perhaps even a visit the Hell! Ladders, on the other hand, could lead to greater rewards, such as a front row seat at a Barry Manilow show in Las Vegas. Or do I have those backwards?
Bratz – the Hilton version. Dress up your Bratz from an endless variety of skanky outfits (underwear tonight- yes, or no?), take her partying in the hottest Hollywood clubs, indulge her in the very best drink and toot, and check her in to the most exclusive rehab clinics. Accumulate points every time she manages to smack a paparazzi with her purse.
Scrbl – txt vrsn. Txtrs cmpt 2 c who cn use t fwst ltrs 2 spl wrds.
Easy-Bake Iron Chef – No more light bulbs and tasteless cakes. In the virtual world, mini-chefs can compete with gamers around the world to create monster desserts, exotic entrees or even cook up batches of meth.

Now, that's entertainment.