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Transformers drive Hasbro 4Q profit increase

NEW YORK – Strong sales of boys' brands including Transformers and Nerf helped Hasbro Inc. post a better-than-expected fourth-quarter profit, sending shares up 11 percent, briefly touching a 52-week high.

The owner of the G.I. Joe, Tonka and Playskool brands also said it expects sales and earnings per share to grow this year, although it didn't offer specific estimates.

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