(Reuters) -Hasbro ( HAS ) on Thursday posted a steeper-than-expected drop in sales for the third quarter as consumers tightened spending on toys, but the company's stringent cost controls boosted margins. Shares of the company were up 6% before the bell. The stock has gained nearly 38% this year. Toymakers such as Mattel and Hasbro ( HAS ) have focused...

(Reuters) -Southwest Airlines ( LUV ) reported a surprise third-quarter profit on Thursday, benefiting from improved pricing and demand, as well as rebookings from passengers stranded due to the global cyber outage in July. During the U.S. summer travel season, an oversupply of airline seats in the domestic sector compelled airlines to sell seats at lower prices to fill their...

Oct 24 (Reuters) - Refiner Valero Energy posted a slump in third-quarter profit on Thursday, hurt by falling margins due to a slowdown in fuel demand. The San Antonio, Texas-based refiner reported net income of $364 million, or $1.14 per share , for the three months ended Sept. 30, below $2.6 billion, or $7.49 per share, last year in the...

06:02 AM EDT, 10/24/2024 (MT Newswires) -- Kennedy-Wilson Holdings ( KW ) has partnered with the Canada Pension Plan Investment Board to launch a single-family rental housing joint venture in the UK with an initial asset value target of about 1 billion pounds ($1.30 billion). Canada Pension Plan said Thursday it will initially commit 500 million pounds into the venture,...