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Hasbro Shares Lower After Disappointing 1Q

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Description
FBN’s Liz MacDonald with an afternoon market update, plus news that Hasbro shares are down after the toymaker’s disappointing first-quarter report...
Duration 0:47
Date Apr 23, 2012

This transcript is automatically generated

-- Fox Business freaknik continues to be a tough day for the market fresh concerns over the European debt crisis.

Poll on the market here in the United States.

And Hasbro shares are under pressure after disappointing.

First quarter the toy maker reported I'd drop in revenue up over 3%.

A decline in sales of both the US and Canada particularly games and puzzles we don't -- results.

And Microsoft as rates -- patent agreement with FaceBook.

This is company struck a deal with with the patents Microsoft -- male well the social networking site located 550 million dollars in cash.

For about six -- FaceBook will also be obtaining a license for their remaining patents and applications.

-- by Microsoft and that's the latest on the Fox Business Network giving you the --