has

The Easy-Bake Oven is falling victim to the fight against global warming. The incandescent light bulbs that heat the toy ovens are being phased out in 2012 in favor of energy-efficient compact fluorescents. But precisely because they are energy efficient, they don't get hot enough to bake a cookie.

It should be pretty quiet on the economic calendar this week, with only a few national reports due out. But iconic companies Walt Disney, Coca-Cola and Hasbro, among others, are scheduled to report quarterly results.

Hasbro (HAS) reported Monday morning its second-quarter profit climbed 11% to $43.6 million, or 29 cents a share, from $39.3 million, or 26 cents a share, a year ago. This despite a 7% fall in revenue to $737.8 million from $792.2 million. Analysts were expecting earnings of 24 cents per share on...

Toymaker Hasbro has been in buyout talks with fellow Rhode Island-based Providence Equity Partners, according to the Wall Street Journal. However, the discussions may have cooled lately given the uncertainty in the markets.

Bank of America Corp. (BAC) did not just manage to avoid a loss in the first quarter, it crushed analysts' expectations, recording earnings of $4.2 billion, or 44 cents per share -- 40 cents higher than the 4 cents a share analysts surveyed by Thomson Reuters expected. But the bank also took a...

Monday was somewhat of a muted day on Wall Street as investors waited to hear the details of Treasury Secretary Geithner's plan for the rest of the TARP money, and as the Senate debated President Obama's economic stimulus plan ahead of the vote Tuesday. Amidst the uncertainty, these are the latest...