EL SEGUNDO, Calif.— Toy company Mattel is ramping up its efforts to bring Thomas& Friends products to consumers, rolling out a new direct-to-consumer catalog and website. Mattel Inc. said Monday that it is also teaming with 20 independent specialty retail stores to sell the Thomas& Friends Wooden Railway goods.» Read More
*Deal to expand Mattel's construction, arts and crafts toys. Feb 28- Mattel Inc, the world's No. 1 toymaker, offered to buy Canada's Mega Brands Inc for about $460 million to better compete with Denmark's Lego, the leader in the fast-growing market for building blocks.
Feb 28- Toy company Mattel Inc said it offered to buy Canada's Mega Brands Inc for about $460 million, including debt. Mattel will pay C $17.75 per Mega Brands share, representing a premium of 36 percent to the stock's close on Thursday. Mega Brands makes construction toys, games and puzzles and arts and crafts.
Feb 10- Hasbro Inc touted a series of toys based on the fourth "Transformers" sequel and other upcoming films, overshadowing concern about its weak North American holiday season and sending its shares up nearly 6 percent.
Hasbro, the second-largest U.S. toy company, said its net earnings in the fourth quarter fell to $129.8 million, or 98 cents a share, from $130.3 million, or 99 cents a share, a year earlier. Excluding restructuring charges and other items, Hasbro earned $1.12 a share, missing the analysts' average estimate of $1.22, according to Thomson Reuters I/B/E/S.
Jan 31- No. 1 toy company Mattel Inc missed Wall Street's profit and sales estimates for the fourth quarter on weak demand in the United States during the all-important holiday selling season. For Mattel, gross sales fell 10 percent in North America.
NEW YORK, Jan 31- Mattel Inc missed Wall Street's profit estimates for the fourth quarter on weak demand in the United States during the all-important holiday selling season. The world's largest toy company said on Friday that its net income was $369.2 million, or $1.07 a share, compared with $306.5 million, or 87 cents a share, a year earlier.
Rob Katz, Vail Resorts chairman & CEO, talks about this winter's upcoming ski trends and how his company is transforming the industry.
CNBC's Phil LeBeau reports on the red hot RV market. Dealers are seeing pent up demand driving sales.
Nintendo, the world's leading gaming company by machines sold, said it will post an operating loss for a second straight year as the sales of its Wii U, successor to the 100-million selling Wii, faltered.
Steinway Musical Instruments, the famous manufacturer of pianos, saxophones and trumpets, said on Wednesday it had decided not to sell itself following a 17-month-long exploration of strategic alternatives.
Rees Jones, Rees Jones Inc. president, discusses designing environmentally friendly courses, and the booming business of golf, especially in China.
As the National Football League kicks off its season, America’s love of all things football could have a halo effect on the stocks of certain grocers and beverage makers, analysts told CNBC Tuesday.
CNBC.com ranked the ten places in the U.S. that showed the most job growth between February 2011 and February 2012. Read ahead to see which cities topped our list.
People participating in extreme sports can spend anywhere from a few hundred dollars to tens of thousands. What are the costs associated with extreme sports?