New 52-week Highs for Hasbro and Rubio's Restaurants (HAS, RUBO)

Starting Monday off right are shares of Hasbro, Inc. (NYSE:HAS) and Rubio's Restaurants, Inc. (NASDAQ:RUBO) hitting new 52-week highs.

Hasbro, Inc. (NYSE:HAS) shares are screaming today, up 13% thanks a tronger-than-expected quarterly profit and said the momentum in its games and its toys for boys would help 2010 profit and revenue rise. The upbeat forecast in an "entertainment-light" year for Hasbro -- with toys tied to the releases of only two movies "Iron Man 2" and "Toy Story 3" -- cheered investors, boosting its stock to its highest level since September 2008. Demand for toys tied to the "Transformers" movie, meanwhile, helped boost the fourth quarter. 

Hasbro shares are up 9% YTD and today volume is already 7X the daily normal average.

Rubio's Restaurants, Inc. (NASDAQ:RUBO) shares hit a new high of $8.18 and over the past 12 months shares got as low as $3.03.  In 2010 Rubio's shares are up 12%, this is due to a buyout offer of $85 million from investor Alex Meruelo and private-equity firm Levine Leichtman Capital Partners made last month, the same group that had offered $80 million for Rubio’s last October.

According to filings with the Securities and Exchange Commission, Rubio’s had yet to respond to the latest offer, which totals $8.50 per share. Rubio’s rejected the first proposal in late October, at $8 per share, saying it was not in the best interest of the company’s shareholders.

Rubio’s Restaurants, Inc. (Rubio’s) owns, operates and franchises restaurants. As of March 19, 2009, the Company owned and operated 190 fast-casual Mexican restaurants, two licensed locations, and three franchised restaurants that Mexican cuisine, including chargrilled chicken, steak and fresh seafood items, such as burritos, tacos and quesadillas inspired by the Baja, California region of Mexico

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