1 hour, 14 minutes ago (Reuters) - Marvel Entertainment Inc (MVL.N), which licenses comic-book characters, posted a better-than-expected quarterly profit on strong global demand for its products, and also raised its 2008 outlook, sending its shares up 8 percent.The company's first self-produced movie "Iron Man" had a dream run at the box office this weekend, raking in more than $100 million domestically, topping expectations.
First-quarter net income for Marvel, which houses a cast of more than 5,000 characters including The Incredible Hulk and X-Men, was $45.2 million, or 58 cents a share, compared with $46.8 million, or 54 cents a share.
Read More