In addition, Hasbro, which makes Scrabble board games and Transformers action figures, is facing some company specific issues, such as an overdependence on traditional board games and boys' toys, categories likely to shrink. Kelter downgraded Hasbro to "Sell" from "Neutral" and cut its 12- month price target by $2 to $32.
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Stocks finished deeply in negative territory Friday, after the government reported that hiring slowed in April, fueling worries over the strength of the economic recovery. The S&P 500 and Nasdaq posted their biggest weekly drop this year.
U.S. stock index futures slipped Friday following a weaker-than-expected government employment report.
Cramer makes the call on viewers' favorite stocks.
Toys ‘R Us Chairman and CEO Gerald Storch said he expects the days leading up to Christmas will be “big days” for the retailer.
The hitless season has retailers stocking less, leaning on classic items rather than new ones and possibly discounting less in the final days before Christmas. And with no Tickle Me Elmo or Zhu Zhu Pets to draw crushing crowds to the toy aisles, most retailers are being careful not to get stuck with unsold toys. The New York Times reports.
Stocks closed higher Monday, with the Dow and S&P breaking a three-day losing streak, ahead of a crucial vote on austerity measures in Greece and after banking regulators announced capital rules that were less burdensome than expected.
Stocks extended their gains Monday, with the Dow and S&P on track to break a three-day losing streak, ahead of a crucial vote on austerity measures in Greece and after banking regulators announced capital rules that were less burdensome than expected.
Stocks climbed Monday, reversing three days of losses, as investors snapped up beaten-down stocks and bet there would be a near-term resolution to Greece's financial future.
As we hit the road for family vacations this summer to reunite with relatives and old friends, we brace ourselves. There's always someone we're forced to see whom we can't stand. Maybe it's their politics, religion, lifestyle or hairstyle, but, inevitably, a heated debate blows up like lighter fluid around the backyard bbq.