Leisure Products


  • July 17- Mattel Inc, the world's largest toymaker, reported its third straight fall in quarterly sales as the decline in demand for Barbie dolls and Fisher Price preschool toys accelerated.

  • A once-sunk industry floats again Saturday, 5 Jul 2014 | 7:00 AM ET

    The recession took the boating industry from 400,000 new yearly registrations to less than 200,000. Now it is floating again.

  • Philips wins patent case against Nintendo in UK Friday, 20 Jun 2014 | 9:24 AM ET

    Philips Electronics said on Friday it had won a patent infringement cases against Nintendo in the United Kingdom.

  • AMSTERDAM, June 20- Philips Electronics NV said on Friday it had won a patent infringement cases against Nintendo in the United Kingdom, the first of four lawsuits filed against the Japanese gaming company. Philips spokesman Bjorn Teuwsen said the patent related to motion and gesture tracking systems used in the Wii game console.

  • America's top state to live in is... Thursday, 19 Jun 2014 | 11:06 AM ET

    Wonder which state has the lowest crime rate, ranks high in environmental quality, parks and recreation and access to health care? Read on.

  • WASHINGTON, June 2- The U.S. Supreme Court threw out two patent decisions on Monday, one related to heart rate monitors and the other on management of web images, rulings that could make it harder for patent trolls to win infringement cases.

  • *Nintendo planning lower-priced console for new markets. TOKYO, May 8- Nintendo Co Ltd plans to introduce a new gaming system for emerging markets such as China as early as next year, as the company hunts for fresh opportunities after the flop of its Wii U console.

  • FEATURE-YouTube sees money in gaming-video eyeballs Tuesday, 1 Apr 2014 | 1:14 PM ET

    SAN FRANCISCO, April 1- To imagine how YouTube might one day become a money-spinner for content producers, consider the power of the irreverent video gamer and online star PewDiePie over his young, free-spending audience.

  • *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.

  • *Offers C $17.75 per Mega Brands share, premium of 36 pct. Feb 28- Mattel Inc, the world's No. 1 toymaker, said it agreed to buy Canada's Mega Brands Inc for about $460 million, including debt, to expand its construction and arts and crafts offerings.

  • 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.

  • U.S. top court considers the 'patent troll' problem Wednesday, 26 Feb 2014 | 4:51 PM ET

    WASHINGTON, Feb 26- A dispute between two fitness equipment makers landed at the U.S. Supreme Court on Wednesday, giving justices a chance to consider how to deal with so-called patent trolls, companies that acquire patents to sue for infringement or extract licensing fees.

  • 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.

  • Hasbro disappoints in holiday quarter Monday, 10 Feb 2014 | 7:09 AM ET

    Feb 10- Toymaker Hasbro Inc, known for brands such as Monopoly, Nerf and My Little Pony, reported a lower-than-expected quarterly profit on weak sales in North America during the holiday season.

  • SINGAPORE, Feb 10- It was while hunting for monsters in a virtual cave that Bend Henmoko Madio met his community and realised why companies are adapting online video games to suit the different languages, tastes and mobile devices in Southeast Asia.

  • *Amazon.com shares tumble after earnings disappoint. *Wal-Mart cuts outlook due to store closings. NEW YORK, Jan 31- U.S. stocks fell on Friday, with the S&P 500 on track for its first monthly loss since August as disappointing corporate earnings from big companies like Amazon.com and concerns about the euro zone and emerging markets kept investors on edge.

  • *Wal-Mart cuts outlook; shares off in premarket trade. NEW YORK, Jan 31- U.S. stocks retreated on Friday, on course for their first monthly decline since August, in the wake of weak earnings reports by companies like Amazon and Walmart and concerns about declining currencies in emerging markets.

  • *Mattel shares plunge after fourth-quarter results. *Wal-Mart cuts outlook; shares off in premarket trade. NEW YORK, Jan 31- Wall Street was poised to tumble at the open on Friday and was set for its first monthly decline since August, hurt by weaker-than-expected inflation data in the euro zone and ongoing concerns about turbulence in emerging markets.

  • 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.