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Tuesday, July 22 2014 3:39pm ET - U.S. Markets close in 21 minutes.
Industry Center - Music & Video Stores
Industry Center > Music & Video Stores
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Industry Market Summary
Music & Video Stores
Composite Value: 999.6
Today's Change: -4.29%
S&P 500: +0.54%
chart for
[Music & Video Stores (^YHOh848)]
Music & Video Stores News
Hastings Entertainment, Inc. Announces Completion of Acquisition by an Affiliate of Joel Weinshanker
Tue Jul 15 (PR Newswire)
AMARILLO, Texas, July 15, 2014 /PRNewswire/ -- Hastings Entertainment, Inc. (HAST), a leading multimedia entertainment retailer ("Hastings"), today reported that, on July 15, 2014, Hastings' shareholders approved the Agreement and Plan of Merger (the "Merger Agreement") entered into on March 17, 2014 by and among Hastings, Draw Another Circle, LLC ("Parent") and Hendrix Acquisition Corp. ("Merger Sub"), a wholly-owned subsidiary of Parent, at a special meeting of Hastings' shareholders called for the purpose of approving the Merger Agreement and certain related matters. Immediately following the approval of the Merger Agreement by Hastings' shareholders, Merger Sub was merged with and into Hastings, with Hastings surviving as a wholly owned subsidiary of Parent, an affiliate of Mr. Joel Weinshanker. In connection with this merger, each share of Hastings' common stock outstanding prior to the merger (other than shares held by Parent and its affiliates and shares held by any shareholder that properly exercised rights of dissent and appraisal under Texas law) was converted into the right to receive $3.00, in cash and without interest.
Hastings Entertainment, Inc. Announces Order Denying Motions for Expedited Discovery and Preliminary Injunction in connection with Agreement and Plan of Merger with Affiliate of Joel Weinshanker - (PR Newswire)
Hastings Entertainment announces extension of temporary restraining order - ()
More News on Music & Video Stores: Latest News,
Industry Top Performers
Intraday Price Performance% ChangeMarket Cap
GENIUS BRANDS INTL. [GNUS] +6.76% $14.2 M
Trans World Entertainment Corp. [TWMC] +1.67% $114.7 M
More Top Intraday Price Performers...
Market Capitalization% ChangeMarket Cap
Trans World Entertainment Corp. [TWMC] +1.67% $114.7 M
Hastings Entertainment, Inc. [HAST] 0.00% $24.3 M
GENIUS BRANDS INTL. [GNUS] +6.76% $14.2 M
More Top Companies by Market Cap...
More Top Performers: by Valuation, by Growth, by Financial Strength
Industry Calendar
Recent Events
Date Co Event
05/22/14 TWMC Trans World Entertainment Corp. downside earnings surprise (-114.29%)
03/24/14 HAST Hastings Entertainment, Inc. downside earnings surprise (-45.28%)
03/06/14 TWMC Trans World Entertainment Corp. upside earnings surprise (+11.43%)
More Recent Events...
  
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Industry Statistics
Market Capitalization:128M
Price / Earnings:10.6
Price / Book:0.6
Net Profit Margin (mrq):1.5%
Price To Free Cash Flow (mrq):-12.1
Return on Equity:5.3%
Total Debt / Equity:50.1
Dividend Yield:0.0%
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