Sean McGowan News
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Brad Kriser has been known to down a dog biscuit or two. Kriser, the founder of an upscale pet-food chain that’s opening stores in major U.S. cities, sees his pets as family, and sampling their diet is what good parents do.
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Electronic Arts Inc., the No. 2 U.S. video-game maker, sank the most in 19 months after ousting its chief executive officer and cutting an already-lowered forecast for this quarter.
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Ben Cousins used to make the kind of action-packed video games for Electronic Arts Inc. that played on dedicated machines and sold for $60 each. His next project promises console-quality action for free to anyone with an iPad.
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In early 2011, Hasbro Inc. Chief Executive Officer Brian Goldner convened a team of designers, engineers and marketers to figure out the Next Big Toy.
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Dick’s Sporting Goods Inc. sank the most since 2008 after forecasting annual profit that was less than analysts estimated on costs to remodel stores and improve its Web operations.
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Jakks Pacific Inc. tripled its forecast for sales of merchandise from the Walt Disney Co. film “Brave” based on purchases over the past two weeks and said some items will be sold out in about a month.
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Zynga Inc.’s operations are getting the least credit in public markets among Internet media companies, and management’s refusal to consider a sale as growth slows is blocking an avenue for shareholders to recoup losses.
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Jakks Pacific Inc., which rejected the cheapest offer for a toy company on record, may now have to accept an even lower bid after the maker of Hello Kitty, Pokemon and Smurfs character goods cut its sales forecast.
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Walt Disney Co. agreed to buy George Lucas’s Lucasfilm Ltd. for $4.05 billion, pressing Chief Executive Officer Robert Iger’s $15 billion bet on creative franchises by adding “Star Wars” and “Indiana Jones.”
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Mattel Inc., the world’s largest toymaker, declined the most in more than a year after Toys “R” Us Inc. and Wal-Mart Stores Inc. cut inventories of Barbie dolls, causing first-quarter sales to trail analysts’ estimates.
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