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HASBRO HAS COMMENCED the offering of $875 million of shares of common stock. It intends to use the proceeds, in part, to finance its proposed acquisition of Entertainment One Ltd. / COURTESY HASBRO INC.

Hasbro offers $875M in stock to bolster eOne acquisition cash

Economic Activity
PAWTUCKET – Hasbro Inc. has commenced an underwritten registered public offering of $875 million of common stock and intends to give an option to...
HASBRO reported a profit of $212.9 million in the third quarter, missing estimates. / COURTESY HASBRO INC.

Hasbro earns $212.9M in Q3 as tariffs affect sales

Economic Activity
PAWTUCKET – Hasbro Inc. reported a profit of $212.9 million in the third quarter, a 19.3% decline year over year, according to a company...
HASBRO INC. has moved a step closer to finalizing its acquisition of multimedia company Entertainment One. The deal is expected to give Hasbro's long line of toys and characters increased international exposure through additional film, television, and music platforms. / COURTESY HASBRO INC.

Entertainment One shareholders approve acquisition by Hasbro

Art & Culture
PAWTUCKET – Shareholders voted Thursday to approve the proposal for Pawtucket-based toymaker Hasbro Inc. to buy Entertainment One Ltd. for $4 billion, Hasbro announced...
TARIFF IMPACTS: Rhode Island Manufacturers Association Executive Director David Chenevert said the impact of tariffs and the slowing of the world economy has affected businesses differently in Rhode Island. Manufacturers focused on the aerospace or medical-industry markets are doing fine, he said, because defense spending has increased and the medical industry is growing. Companies producing products for the automotive industry, however, are seeing an impact because auto sales are down nationally.
 / PBN PHOTO/RUPERT WHITELEY

U.S. trade war with China has brought pain, uncertainty

Cover Story
The initial tariffs imposed in 2018 on imports from China didn’t affect Cooley Group, a Pawtucket-based company that manufactures an array of engineered materials,...
HASBRO HAS ENTERED into an agreement with Entertainment One to acquire eOne for about $4 billion, the biggest deal in Hasbro's history, according to data compiled by Bloomberg. / COURTESY HASBRO INC.

Hasbro buys Peppa Pig owner in $4B deal

Economic Activity
NEW YORK – Toymaker Hasbro Inc. will buy Entertainment One Ltd. for about $4 billion, its biggest deal ever, according to data compiled by...
HASBRO's deal with Netflix to make a "Magic: The Gathering"streaming show is expected to generate "significant revenue" for the company, according to some analysts. / COURTESY HASBRO INC.

Fantasy card game Netflix deal may be `magic’ for Hasbro shares

Economic Activity
NEW YORK – Hasbro Inc.’s popular fantasy card game featuring wizard duels and mythical creatures is about to go more mainstream. The toymaker is...
CVS RANKED NO .8 on the 2019 Fortune 500 . / BLOOMBERG NEWS FILE PHOTO/CHRISTOPHER LEE

4 R.I. companies place on 2019 Fortune 500 list

Economic Activity
PROVIDENCE – Four Rhode Island companies made the 2019 Fortune 500 list while seven Rhode Island companies were among the Fortune 1000, according to...
FRESH FRIENDSHIP: Fresh Mode Screen Printing co-owners Jake Fahrenholz, left, and Ethan Colby work on hoodies for a client. The pair became friends at the age of 15, attended college together and opened Fresh Mode in 2006.
 / PBN PHOTO/KATE WHITNEY LUCEY

Fresh Mode’s custom prints make a mark

Entrepreneurship
Going into business with a high school friend might seem like a mistake. But the partnership behind Fresh Mode Screen Printing Inc. includes a...

Officials left guessing on Hasbro plans

Capital Goods
Call it The Big Mum. One of the world’s largest toymakers and among Rhode Island’s iconic companies, Hasbro Inc. is considering moving its headquarters...
TIME TO TALK: Hasbro Inc. wants a more-modern headquarters than what it now has in Pawtucket but has not committed to staying in Rhode Island. State and city officials must present a united front in responding to the threat of a possible move.
 / COURTESY 
HASBRO INC.

Hasbro’s silence is not golden. State, local officials must unite to...

Capital Goods
Could iconic toymaker Hasbro Inc. really move its headquarters out of Rhode Island? Sure it can, especially if the move wouldn’t cost it much...
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