Nov 03, 2009

Marvel Entertainment's third-quarter profit and revenue were significantly lower than in the same frame a year ago but good enough for Wall Street, considering that the company had no major film releases on which to lean. Marvel reported a 60% drop in profit to $20.4 million as revenue declined 42% to $105.7 million. The report came before the start of trading, and shares finished the day fractionally higher at $50.20. Shares of Marvel, though, won't deviate much from that price because...More