Hasbro (NYSE:HAS) reported net revenues of $1.38 billion, an increase of 12%, compared to a year ago. 2009 fourth quarter revenues grew 7% excluding a $55.4 million positive impact of foreign exchange.
Net earnings for the quarter were up 77% compared 2008.
For the full year 2009, Hasbro posted revenues of $4.07 billion, an increase of 1%. 2009 revenues grew 3% excluding a $65.2 million negative impact of foreign exchange. Net earnings for the full year were up 22% from 2008.
On the positive report, shares of Hasbro are up over thirteen and a quarter percent.
CVS Caremark Corporation (NYSE:CVS) posted income from continuing operations for the fiscal year ended December 31, 2009, of $3.7 billion, up 10.9% compared to $3.3 billion in fiscal year 2008.
Shares of CVS are gaining on the report, up more than five and three quarter percent.
On a GAAP basis, Littelfuse (NASDAQ:LFUS) posted diluted earnings per share for the fourth quarter of 2009 of $0.53, which was above the company’s latest guidance of $0.49 to $0.52 due primarily to a more favorable tax rate.
The company also gave guidance for sales for the first quarter of 2010. They expect to come in within a range of $130 to $138 million, which would represent 54% to 64% growth over the first quarter of 2009.
Littelfuse shares are up about 10.5%.
China Fire & Security Group (NASDAQ:CFSG) provided an update on its backlog and gave 2010 financial guidance.
Driven by the Company's $92 million contract with WISCO, China Fire's backlog currently totals $154 million. They are forecasting 2010 revenue to grow 66%-78% year over year to $135-145 million with EPS to grow 88%-94% year over year to $1.65-$1.70.
China Fire & Security shares are gaining over 21.5% so far today.
For MarketNewsVideo.com, I'm Kristin Bianco.
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