Fred Business News - As "Iron Man" smashed its way to $201 million in worldwide box office sales, Marvel Entertainment Inc. raised its profit forecast Monday for the year and promised to release "Iron Man 2" in 2010.
The film was the first that Marvel financed itself and culminated a five-year plan to break from its strategy of licensing its top comic book heroes to other studios.
"This is clearly a transformative time for Marvel," Marvel Studios chairman David Maisel told analysts on a conference call. "It ... more »
