UNIVERSAL CITY, Calif., Feb. 5 /PRNewswire/ -- Universal Pictures announced breaking news about two of its upcoming event films based on popular Hasbro brands, Stretch Armstrong and Battleship.

Executives from Universal Pictures and Hasbro Tuesday announced plans to release Stretch Armstrong, a Hollywood movie based on the action figure, in 2011. The action-adventure film will be the first released under Universal and Hasbro's six-year partnership.

- Multi-Platform Initiative Planned to Premiere in Late 2010; TV Network to Reach Approximately 60 Million Nielsen Households in the U.S.

By Jane Bradley TOYMAKER Hasbro posted better-than-expected quarterly profits yesterday, as it announced its chief executive was to step down to become chairman of the firm.

Toymaker Hasbro Inc. plans to turn jawbones into headphones in an effort to tune out tooth decay. The company announced Friday it's launching "Tooth Tunes," a toothbrush that transmits music through the jawbone to the ear when its bristles touch teeth.