Hastings Entertainment (HAST) 2.99 $HAST
Draw Another Circle, LLC Adds MovieStop To Its Portfolio Of Companies To Create A Family Of Specialty Entertainment Retailers
PR Newswire - Fri Oct 31, 5:21PM CDT
Draw Another Circle, LLC and MovieStop, LLC today announced the signing of a definitive agreement under which Draw Another Circle will acquire MovieStop, adding to the previously acquired Hastings Entertainment, Inc. to form a retail family of stronger, more efficient providers of movies and entertainment products. Customers will benefit from enhanced offerings across multiple distribution channels and markets. Working under the same ownership, the companies will also have significantly improved financial strength and flexibility, with the ability to deliver long-term operating performance and improvements through its increased scale and significant synergy opportunities.
HAST: 2.99 (+0.03)
Rimini Street gets second IT Vendor of the Year award
M2 - Mon Aug 18, 5:43AM CDT
Rimini Street, Inc. said that it has been named "IT Vendor of the Year" by long-standing client Hastings Entertainment, Inc. (NASDAQ: HAST) for a second time.
HAST: 2.99 (+0.03)
Rimini Street Once Again Named Client "IT Vendor of the Year"
Business Wire - Fri Aug 15, 8:02AM CDT
Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG's (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation's (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today announced that it has been named "IT Vendor of the Year" by long-standing client Hastings Entertainment, Inc. (NASDAQ: HAST) for a second time. The award recognizes Rimini Street's outstanding support of Hasting Entertainment's PeopleSoft applications, including premium-level service, ultra-responsive resolution of support issues, support for customizations and timely and accurate delivery of high-quality tax and regulatory updates.
SAP: 66.85 (-0.64), HAST: 2.99 (+0.03), ORCL: 39.94 (+0.13)
Hastings Entertainment, Inc. Announces Dismissal of Litigation in connection with Agreement and Plan of Merger with Affiliate of Joel Weinshanker
PR Newswire - Tue Aug 05, 11:00AM CDT
Hastings Entertainment, Inc., a leading multimedia entertainment retailer ("Hastings"
, today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has entered an Agreed Stipulation and Agreed Order (the "Dismissal" dismissing, with prejudice, the lawsuit captioned CV-00072-J--Andreas Oberegger and David A. Capps, directly and derivatively on behalf of Hastings Entertainment, Inc., v. Danny W. Gurr, Ann S. Lieff, Frank O. Marrs, John H. Marmaduke, Jeffrey G. Shrader, Draw Another Circle, LLC, Hendrix Acquisition Corp., Joel Weinshanker and National Entertainment Collectibles Association, Inc., as defendants, and Hastings Entertainment, Inc., as a nominal defendant. This lawsuit challenged the merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker pursuant to the Agreement and Plan of Merger (the "Merger Agreement" entered into by Hastings, Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp., each of which are wholly-owned, directly or indirectly, by Mr. Weinshanker. The plaintiffs in this lawsuit were purported shareholders of Hastings and alleged, among other things, that the merger contemplated in the Merger Agreement provided for insufficient consideration to be paid to Hastings' shareholders in exchange for their shares of Hastings' common stock, that the officers and directors of Hastings breached their respective fiduciary duties in the course of negotiating and approving the Merger Agreement and that the other defendants aided and abetted such breach of fiduciary duties. In accepting Plaintiff's desire to drop their lawsuit Hastings, along with the other defendants, agreed not to bring a claim against the plaintiffs for recovery of costs incurred. Neither Hastings nor any of the other defendants is subject to any obligations under the terms of the Dismissal, including any obligation to make any payments to the plaintiffs in this lawsuit or their legal counsel.
HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Announces Completion of Acquisition by an Affiliate of Joel Weinshanker
PR Newswire - Tue Jul 15, 12:14PM CDT
Hastings Entertainment, Inc. (NASDAQ: 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.
HAST: 2.99 (+0.03)
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 - Fri Jun 20, 9:35AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer ("Hastings", today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has issued an Order Denying Motions for Expedited Discovery and for a Preliminary Injunction (the "Order" with respect to the potential merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker. As Hastings first disclosed on March 17, 2014, Hastings entered into an Agreement and Plan of Merger (the "Merger Agreement" on such date with Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp. ("Merger Sub", which are each wholly-owned, directly or indirectly, by Mr. Weinshanker. Mr. Weinshanker is the President and sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares ("NECA". Pursuant to the Merger Agreement, Merger Sub will be merged with and into Hastings, with Hastings surviving the merger as a wholly-owned subsidiary of Parent, and each share of Hastings common stock held by a shareholder of Hastings (other than Mr. Weinshanker and his affiliates) will, upon completion of the merger, be converted into the right to receive a cash payment of $3.00 per share.
HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Announces Extension of Temporary Restraining Order in connection with Agreement and Plan of Merger with Affiliate of Joel Weinshanker
PR Newswire - Mon Jun 16, 6:30AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer ("Hastings", today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has issued an Order Extending Temporary Restraining Order After Hearing On Request For A Preliminary Injunction (the "Order" restricting the potential merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker. As Hastings first disclosed on March 17, 2014, Hastings entered into an Agreement and Plan of Merger (the "Merger Agreement" on such date with Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp. ("Merger Sub", which are each wholly-owned, directly or indirectly, by Mr. Weinshanker. Mr. Weinshanker is the President and sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares ("NECA". Pursuant to the Merger Agreement, Merger Sub will be merged with and into Hastings, with Hastings surviving the merger as a wholly-owned subsidiary of Parent, and each share of Hastings common stock held by a shareholder of Hastings (other than Mr. Weinshanker and his affiliates) will, upon completion of the merger, be converted into the right to receive a cash payment of $3.00 per share.
HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Class Action Lawsuit Has Been Filed Against The Board Of Directors Of Hastings Entertainment, Inc.
Business Wire - Wed Apr 02, 9:28AM CDT
Rigrodsky & Long, P.A. announces a complaint alleging breaches of fiduciary duty and other violations of law has been filed in the United States District Court of the Northern District of Texas against the board of directors of Hastings Entertainment, Inc. ("Hastings" or the "Company" (NASDAQ CM: HAST) in connection with the Company's entry into an agreement to be acquired by affiliates of Joel Weinshanker ("Weinshanker" in a transaction valued at approximately $21.4 million.
HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Proposed Buyout of Hastings Entertainment, Inc.
Business Wire - Thu Mar 27, 6:00AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. ("Hastings" or the "Company" (Nasdaq: HAST) relating to the proposed acquisition by Draw Another Circle, LLC and other entities which are owned directly or indirectly by Joel Weinshanker ("Weinshanker".
HAST: 2.99 (+0.03)
INVESTOR ALERT - HASTINGS ENTERTAINMENT, INC.: The Law Offices of Vincent Wong Investigates the Sale of SCHAWK, INC. to Matthews International Corp. -- SGK
Business Wire - Mon Mar 24, 12:33PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Schawk, Inc. (NYSE:SGK) ("Schawk" in connection with the sale of the Company to Matthews International Corp. (Nasdaq: MATW).
MATW: 46.24 (-0.13), SGK: 20.80 (+0.08), HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Reports Results for the Fourth Quarter of Fiscal 2013
PR Newswire - Mon Mar 24, 6:30AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer, today reported results for the three months and fiscal year ended January 31, 2014. Net income was approximately $2.3 million, or $0.29 per diluted share, for the three months ended January 31, 2014 compared to net income of approximately $1.2 million, or $0.15 per diluted share, for the three months ended January 31, 2013. Net loss was approximately $10.2 million, or $1.25 per diluted share, for the fiscal year ended January 31, 2014 compared to a net loss of $9.3 million, or $1.14 per diluted share, for the fiscal year ended January 31, 2013.
HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Law Firm Brower Piven Announces Investigation of Hastings Entertainment, Inc. Proposed Buyout
Business Wire - Fri Mar 21, 9:25PM CDT
The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Hastings Entertainment, Inc. ("Hastings" or the "Company" (NasdaqCM: HAST) and other violations of state law by the board of directors of Hastings relating to the proposed buyout of the Company by Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is the sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares resulting in a combined 44% of the Company's outstanding shares committed to vote for the merger.
HAST: 2.99 (+0.03)
INVESTOR ALERT - HASTINGS ENTERTAINMENT, INC.: The Law Offices of Vincent Wong Investigates the Sale of HASTINGS ENTERTAINMENT, INC. to Draw Another Circle, LLC & Hendrix Acquisition Corp. -- HAST
PR Newswire - Wed Mar 19, 3:19PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. (NasdaqCM: HAST) ("Hastings" in connection with the sale of the Company to Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is also sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares; this results in a combined 44% of the Company's outstanding shares committed to vote for the merger.
HAST: 2.99 (+0.03)
HASTINGS ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Wed Mar 19, 10:38AM CDT
Rigrodsky & Long, P.A.:
HAST: 2.99 (+0.03)
Lifshitz & Miller Law Firm Announces Investigation of CytRx Corporation, DURECT Corporation, Hastings Entertainment, Inc., Immunomedics, Inc. and NII Holdings, Inc.
PR Newswire - Tue Mar 18, 3:01PM CDT
CytRx Corporation
IMMU: 3.61 (+0.05), HAST: 2.99 (+0.03), CYTR: 2.87 (-0.06), DRRX: 0.73 (unch), NIHD: 0.06 (-0.01)
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of HASTINGS ENTERTAINMENT, INC. and Its Board of Directors in Relation to the Sale of the Company to Draw Another Circle, LLC & Hendrix Acquisition Corp. -- HAST
PR Newswire - Tue Mar 18, 1:48PM CDT
Levi & Korsinsky commenced an investigation of Board of Directors of Hastings Entertainment, Inc. ("Hastings" (NasdaqCM: HAST) in relation to the sale of the Company to Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is also sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares; this results in a combined 44% of the Company's outstanding shares committed to vote for the merger.
HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Proposed Buyout of Hastings Entertainment, Inc. May Be Unfair For Shareholders
Business Wire - Tue Mar 18, 11:29AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. ("Hastings" or the "Company" (Nasdaq: HAST) relating to the proposed acquisition by Draw Another Circle, LLC and other entities which are owned directly or indirectly by Joel Weinshanker ("Weinshanker".
HAST: 2.99 (+0.03)
Draw Another Circle, LLC Adds MovieStop To Its Portfolio Of Companies To Create A Family Of Specialty Entertainment Retailers
PR Newswire - Fri Oct 31, 5:21PM CDT
Draw Another Circle, LLC and MovieStop, LLC today announced the signing of a definitive agreement under which Draw Another Circle will acquire MovieStop, adding to the previously acquired Hastings Entertainment, Inc. to form a retail family of stronger, more efficient providers of movies and entertainment products. Customers will benefit from enhanced offerings across multiple distribution channels and markets. Working under the same ownership, the companies will also have significantly improved financial strength and flexibility, with the ability to deliver long-term operating performance and improvements through its increased scale and significant synergy opportunities.
HAST: 2.99 (+0.03)
Rimini Street gets second IT Vendor of the Year award
M2 - Mon Aug 18, 5:43AM CDT
Rimini Street, Inc. said that it has been named "IT Vendor of the Year" by long-standing client Hastings Entertainment, Inc. (NASDAQ: HAST) for a second time.
HAST: 2.99 (+0.03)
Rimini Street Once Again Named Client "IT Vendor of the Year"
Business Wire - Fri Aug 15, 8:02AM CDT
Rimini Street, Inc., the leading independent provider of enterprise software support for SAP AG's (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporation's (NYSE: ORCL) Siebel, PeopleSoft, JD Edwards, E-Business Suite, Oracle Database, Oracle Middleware, Hyperion and Oracle Retail software, today announced that it has been named "IT Vendor of the Year" by long-standing client Hastings Entertainment, Inc. (NASDAQ: HAST) for a second time. The award recognizes Rimini Street's outstanding support of Hasting Entertainment's PeopleSoft applications, including premium-level service, ultra-responsive resolution of support issues, support for customizations and timely and accurate delivery of high-quality tax and regulatory updates.
SAP: 66.85 (-0.64), HAST: 2.99 (+0.03), ORCL: 39.94 (+0.13)
Hastings Entertainment, Inc. Announces Dismissal of Litigation in connection with Agreement and Plan of Merger with Affiliate of Joel Weinshanker
PR Newswire - Tue Aug 05, 11:00AM CDT
Hastings Entertainment, Inc., a leading multimedia entertainment retailer ("Hastings"
, today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has entered an Agreed Stipulation and Agreed Order (the "Dismissal" dismissing, with prejudice, the lawsuit captioned CV-00072-J--Andreas Oberegger and David A. Capps, directly and derivatively on behalf of Hastings Entertainment, Inc., v. Danny W. Gurr, Ann S. Lieff, Frank O. Marrs, John H. Marmaduke, Jeffrey G. Shrader, Draw Another Circle, LLC, Hendrix Acquisition Corp., Joel Weinshanker and National Entertainment Collectibles Association, Inc., as defendants, and Hastings Entertainment, Inc., as a nominal defendant. This lawsuit challenged the merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker pursuant to the Agreement and Plan of Merger (the "Merger Agreement" entered into by Hastings, Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp., each of which are wholly-owned, directly or indirectly, by Mr. Weinshanker. The plaintiffs in this lawsuit were purported shareholders of Hastings and alleged, among other things, that the merger contemplated in the Merger Agreement provided for insufficient consideration to be paid to Hastings' shareholders in exchange for their shares of Hastings' common stock, that the officers and directors of Hastings breached their respective fiduciary duties in the course of negotiating and approving the Merger Agreement and that the other defendants aided and abetted such breach of fiduciary duties. In accepting Plaintiff's desire to drop their lawsuit Hastings, along with the other defendants, agreed not to bring a claim against the plaintiffs for recovery of costs incurred. Neither Hastings nor any of the other defendants is subject to any obligations under the terms of the Dismissal, including any obligation to make any payments to the plaintiffs in this lawsuit or their legal counsel. HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Announces Completion of Acquisition by an Affiliate of Joel Weinshanker
PR Newswire - Tue Jul 15, 12:14PM CDT
Hastings Entertainment, Inc. (NASDAQ: 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. HAST: 2.99 (+0.03)
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 - Fri Jun 20, 9:35AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer ("Hastings"
, today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has issued an Order Denying Motions for Expedited Discovery and for a Preliminary Injunction (the "Order" with respect to the potential merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker. As Hastings first disclosed on March 17, 2014, Hastings entered into an Agreement and Plan of Merger (the "Merger Agreement" on such date with Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp. ("Merger Sub", which are each wholly-owned, directly or indirectly, by Mr. Weinshanker. Mr. Weinshanker is the President and sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares ("NECA". Pursuant to the Merger Agreement, Merger Sub will be merged with and into Hastings, with Hastings surviving the merger as a wholly-owned subsidiary of Parent, and each share of Hastings common stock held by a shareholder of Hastings (other than Mr. Weinshanker and his affiliates) will, upon completion of the merger, be converted into the right to receive a cash payment of $3.00 per share. HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Announces Extension of Temporary Restraining Order in connection with Agreement and Plan of Merger with Affiliate of Joel Weinshanker
PR Newswire - Mon Jun 16, 6:30AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer ("Hastings"
, today reported that the United States District Court for the Northern District of Texas, Amarillo Division, has issued an Order Extending Temporary Restraining Order After Hearing On Request For A Preliminary Injunction (the "Order" restricting the potential merger transaction involving Hastings and an affiliate of Mr. Joel Weinshanker. As Hastings first disclosed on March 17, 2014, Hastings entered into an Agreement and Plan of Merger (the "Merger Agreement" on such date with Draw Another Circle, LLC ("Parent" and Hendrix Acquisition Corp. ("Merger Sub", which are each wholly-owned, directly or indirectly, by Mr. Weinshanker. Mr. Weinshanker is the President and sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares ("NECA". Pursuant to the Merger Agreement, Merger Sub will be merged with and into Hastings, with Hastings surviving the merger as a wholly-owned subsidiary of Parent, and each share of Hastings common stock held by a shareholder of Hastings (other than Mr. Weinshanker and his affiliates) will, upon completion of the merger, be converted into the right to receive a cash payment of $3.00 per share. HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces A Class Action Lawsuit Has Been Filed Against The Board Of Directors Of Hastings Entertainment, Inc.
Business Wire - Wed Apr 02, 9:28AM CDT
Rigrodsky & Long, P.A. announces a complaint alleging breaches of fiduciary duty and other violations of law has been filed in the United States District Court of the Northern District of Texas against the board of directors of Hastings Entertainment, Inc. ("Hastings" or the "Company"
(NASDAQ CM: HAST) in connection with the Company's entry into an agreement to be acquired by affiliates of Joel Weinshanker ("Weinshanker" in a transaction valued at approximately $21.4 million. HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Proposed Buyout of Hastings Entertainment, Inc.
Business Wire - Thu Mar 27, 6:00AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. ("Hastings" or the "Company"
(Nasdaq: HAST) relating to the proposed acquisition by Draw Another Circle, LLC and other entities which are owned directly or indirectly by Joel Weinshanker ("Weinshanker". HAST: 2.99 (+0.03)
INVESTOR ALERT - HASTINGS ENTERTAINMENT, INC.: The Law Offices of Vincent Wong Investigates the Sale of SCHAWK, INC. to Matthews International Corp. -- SGK
Business Wire - Mon Mar 24, 12:33PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Schawk, Inc. (NYSE:SGK) ("Schawk"
in connection with the sale of the Company to Matthews International Corp. (Nasdaq: MATW). MATW: 46.24 (-0.13), SGK: 20.80 (+0.08), HAST: 2.99 (+0.03)
Hastings Entertainment, Inc. Reports Results for the Fourth Quarter of Fiscal 2013
PR Newswire - Mon Mar 24, 6:30AM CDT
Hastings Entertainment, Inc. (NASDAQ: HAST), a leading multimedia entertainment retailer, today reported results for the three months and fiscal year ended January 31, 2014. Net income was approximately $2.3 million, or $0.29 per diluted share, for the three months ended January 31, 2014 compared to net income of approximately $1.2 million, or $0.15 per diluted share, for the three months ended January 31, 2013. Net loss was approximately $10.2 million, or $1.25 per diluted share, for the fiscal year ended January 31, 2014 compared to a net loss of $9.3 million, or $1.14 per diluted share, for the fiscal year ended January 31, 2013.
HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Law Firm Brower Piven Announces Investigation of Hastings Entertainment, Inc. Proposed Buyout
Business Wire - Fri Mar 21, 9:25PM CDT
The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Hastings Entertainment, Inc. ("Hastings" or the "Company"
(NasdaqCM: HAST) and other violations of state law by the board of directors of Hastings relating to the proposed buyout of the Company by Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is the sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares resulting in a combined 44% of the Company's outstanding shares committed to vote for the merger. HAST: 2.99 (+0.03)
INVESTOR ALERT - HASTINGS ENTERTAINMENT, INC.: The Law Offices of Vincent Wong Investigates the Sale of HASTINGS ENTERTAINMENT, INC. to Draw Another Circle, LLC & Hendrix Acquisition Corp. -- HAST
PR Newswire - Wed Mar 19, 3:19PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. (NasdaqCM: HAST) ("Hastings"
in connection with the sale of the Company to Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is also sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares; this results in a combined 44% of the Company's outstanding shares committed to vote for the merger. HAST: 2.99 (+0.03)
HASTINGS ENTERTAINMENT, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Wed Mar 19, 10:38AM CDT
Rigrodsky & Long, P.A.:
HAST: 2.99 (+0.03)
Lifshitz & Miller Law Firm Announces Investigation of CytRx Corporation, DURECT Corporation, Hastings Entertainment, Inc., Immunomedics, Inc. and NII Holdings, Inc.
PR Newswire - Tue Mar 18, 3:01PM CDT
CytRx Corporation
IMMU: 3.61 (+0.05), HAST: 2.99 (+0.03), CYTR: 2.87 (-0.06), DRRX: 0.73 (unch), NIHD: 0.06 (-0.01)
INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of HASTINGS ENTERTAINMENT, INC. and Its Board of Directors in Relation to the Sale of the Company to Draw Another Circle, LLC & Hendrix Acquisition Corp. -- HAST
PR Newswire - Tue Mar 18, 1:48PM CDT
Levi & Korsinsky commenced an investigation of Board of Directors of Hastings Entertainment, Inc. ("Hastings"
(NasdaqCM: HAST) in relation to the sale of the Company to Draw Another Circle, LLC and Hendrix Acquisition Corp., companies owned directly or indirectly by Joel Weinshanker. Mr. Weinshanker is also sole shareholder of National Entertainment Collectibles Association, Inc., which holds approximately 12% of Hastings' outstanding shares. Furthermore, Mr. John H. Marmaduke, Hastings' Chairman and CEO, has agreed to tender his shares; this results in a combined 44% of the Company's outstanding shares committed to vote for the merger. HAST: 2.99 (+0.03)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Proposed Buyout of Hastings Entertainment, Inc. May Be Unfair For Shareholders
Business Wire - Tue Mar 18, 11:29AM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Hastings Entertainment, Inc. ("Hastings" or the "Company"
(Nasdaq: HAST) relating to the proposed acquisition by Draw Another Circle, LLC and other entities which are owned directly or indirectly by Joel Weinshanker ("Weinshanker". HAST: 2.99 (+0.03)
