BERLIN— Sports equipment maker Adidas has lowered its full-year profit target, citing risks in the Russian market and weakness at its golf business. Adidas AG, based in Herzogenaurach, Germany, said Thursday it now expects net profit of about 650 million euros this year, down from its previous forecast of between 830 and 930 million euros.» Read More
July 17- Mattel Inc, the world's largest toymaker, reported its third straight fall in quarterly revenue as sales for the iconic Barbie doll declined the most since mid-2009. Analysts estimate the doll contributes more than $1 billion to the company's annual sales, or about 15 percent of total sales in 2013. Mattel does not break out Barbie sales separately.
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.
The recession took the boating industry from 400,000 new yearly registrations to less than 200,000. Now it is floating again.
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.
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.
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.
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.
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.
Discussing the altruism among American small breweries, and whether there is a correlation between calories and alcohol content, with Dogfish Head founder & president Sam Calagione.
Discussing IPA, or India Pale Ale growth in America, and why consumers are becoming more excited about beer, with Dogfish Head founder & president Sam Calagione.
Pot-friendly guides, activities and tours in Colorado are expected to expand as recreational marijuana sales become legal as of Jan. 1.