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NEW YORK, Jan 17- A few days before New Year's, my daughter came upon the free iPad app for the Furby Boom and fell in love with the toy. It trades online at a premium high above its manufacturer's suggested retail price of $59. Since November, retail prices have fluctuated from a low of $29 to more than $100.
Toys, home improvement and American-made cars—those are next year's stock market winners, according to TIAA-CREF's Saira Malik.
There's no one hot holiday toy this year, but parents have plenty of wow-worthy gifts to pick from.
Why this could be a challenging holiday season for toy makers.
*Netflix shares rise after market close on earnings report. "You could be seeing some profit-taking" after last week's highs, said Uri Landesman, president of Platinum Partners, which manages more than $1 billion in assets in New York. Netflix's third quarter net income reached $32 million, up from $8 million a year earlier.
Stocks finished narrowly mixed in lackluster trading Monday, after the S&P 500 hit another record high and as investors were reluctant to make big bets ahead of the September government jobs report.
*McDonald's pulls Dow lower; Apple helps Nasdaq tread water. *Netflix, Texas Instruments to report after the close. A rally in Apple Inc shares after a brokerage ratings upgrade helped the Nasdaq hold near the unchanged mark.
*Hasbro rallies after results; McDonald's edges lower. *Netflix, Texas Instruments to report after the close. The Dow was lower after McDonald's Corp fell following a weak fourth-quarter outlook, while Apple Inc rallied after a positive brokerage report, helping the Nasdaq.
*Hasbro rallies after results, McDonald's edges lower. *Netflix, Texas Instruments to report after the close. The Dow was kept in negative territory by McDonald's Corp, which sold off following a weak fourth-quarter outlook, while a rally in Apple Inc supported the Nasdaq.
Hasbro, the No. 2 U.S. toymaker, said it believes it can garner "more than its fair share" of holiday-season sales, even with a more challenging consumer environment, as it rolls out new games, focuses on brands that are selling well, and works with retailers on promotions.
*Netflix, Texas Instruments to post earnings after the closing bell. The S&P 500 on Friday capped its biggest weekly gain in three months on stronger-than-expected earnings from companies including Google and Morgan Stanley and as a deal in Washington helped avert a possible government default and reopened the federal government after a 16- day shutdown.
This is a big week for earnings, but there are some encouraging signs that both earnings and guidance are not going to be as disappointing as feared.
Both Hasbro and larger rival Mattel Inc, which also beat analysts' expectations for the quarter, are gearing up for the holiday season, the biggest selling period of the year. Mattel has "good prospects, but it doesn't have as clearly visible a catalyst for sustained revenue growth as Hasbro has," said Needham& Co analyst Sean McGowan.
U.S. stock index futures pointed to a narrowly lower open on Monday.
Some of the names on the move ahead of the open.
Oct 21- Hasbro Inc, whose popular brands include Monopoly, Nerf and My Little Pony, on Monday reported a higher-than-expected profit for the third quarter as strong overseas demand helped the second-largest U.S. toy company offset weakness at home.
Oct 21- Hasbro Inc reported a higher-than-expected profit for the third quarter as strong overseas demand helped the second-largest U.S. toymaker offset weakness at home. Net earnings rose to $193.0 million, or $1.46 a share, from $164.9 million, or $1.24 a share, a year earlier.
It was a "Who's Who" of guests on "Squawk Box"—everybody from Buffett to Bowles, Tepper to Cooperman, and McCain to Corker. "Talking Squawk," the official show blog, covers them all.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Stocks squeezed out small gains in lackluster trading Monday, with the S&P 500 closing at a new high, but a batch of mixed earnings reports and weaker-than-expected existing home sales kept a damper on gains.