Yahoo Finance Hasbro, Check Point Pop; Royal Caribbean Sinks
Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.
Hasbro
Shares of Hasbro (HAS) soared more than 9% in Monday’s midday trading after blowing away earnings expectations. The toymaker is crediting its boys' products like Transformers as well as pre-school sales. Hasbro beat estimates by $0.08, coming in at $0.21 a share. Sales also came in stronger than expected, growing 5% in the first quarter. The impressive results come at a challenging time with the strong U.S. dollar and as traditional toys lose popularity to electronic devices.
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Royal Caribbean
Royal Caribbean (RCL) stock sank more than 5% on Monday despite reporting better than expected numbers for the first quarter. Investors bailed after the company reduced its forecast – citing the strong dollar and a rise in fuel costs. Brent crude, the global benchmark for crude oil prices, has risen more than 25% since mid-January.
Check Point Software
Bulls believe growing concerns about identity theft makes Check Point Software (CHKP) a steal. Check Point, a maker of IT security software rose 5% on Monday after beating profit estimates on higher sales. Gains are also a sign that Wall Street likes the company’s strategy to focus on threat-prevention and mobile security.
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