Barbie sales have disappointed toy maker Mattel, and consumers may not run back to the classic doll any time soon.» Read More
3. Party Party, Red Velvet Art LLC. 8. PAW Patrol Rescue Run, Nickelodeon. 1. Kim Kardashian: Hollywood, Glu Games Inc..
Microsoft makes design central to its future. Before Ralf Groene helped devise the look and feel of Microsoft's Surface tablet, he designed food— or "food concepts," he says, such as dried noodles that come wrapped around a pair of chopsticks and a fork that squeezes out sauce.
July 21- Hasbro Inc, the second-largest U.S. toymaker, reported lower-than-expected quarterly revenue as sales of its games and preschool products fell for the second straight quarter.
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.
LOS ANGELES— When it comes to designing the highly coveted collectible toys for sale at Comic-Con, the annual celebration of pop culture lifting off Thursday in San Diego, the sky's the limit for the designers at Mattel.
July 21- Hasbro Inc, the second-largest U.S. toymaker, reported an 8 percent increase in quarterly revenue on a jump in international sales and strong demand for its action toys based on "Transformers" movies and Marvel Comics' characters.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Burlington Stores Inc., up $2.39 to $31.34. AutoNation Inc., down $5.01 to $55.82.
Stocks are opening slightly lower following mixed news about the economy and the latest batch of corporate earnings. The Standard& Poor's 500 index fell three points, or 0.2 percent, to 1,978 in the first few minutes of trading Thursday. Mattel fell 7 percent in early trading after the toy maker reported that its income plunged 61 percent in the second quarter.
Ukrainian officials said a Malaysia Airlines passenger plane carrying 295 people was shot down, although both the government and pro- Russia separatists fighting in the region denied responsibility. The situation raised concerns of wider geopolitical instability in the region and an escalation of tensions between Russia and the West.
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.
*Morgan Stanley climbs in premarket after earnings. NEW YORK, July 17- U.S. stocks were poised for a lower open on Thursday, in the wake of fresh U.S. and European Union sanctions on Russia and weaker-than-expected housing data.
*Morgan Stanley climbs in premarket after earnings. NEW YORK, July 17- U.S. stock index futures were lower on Thursday, in the wake of new U.S. and European Union sanctions on Russia and ahead of data on the labor and housing markets.
EL SEGUNDO, Calif.— Mattel's profit plunged 61 percent in the second quarter, weighed down by costs tied to its acquisition of Mega Brands, but sales of its iconic Barbie doll continue to sag and sales of Fisher-Price products were slow. Mattel is spending about $423 million on the maker of Mega Blocks.
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.
July 17- Mattel Inc, the world's largest toymaker, reported a 9 percent fall in quarterly sales as demand for its Barbie dolls and preschool toys continued to fall. Mattel's net income fell to $28.3 million, or 8 cents per share, in the quarter from $73.3 million, or 21 cents per share, a year earlier. Sales fell to $1.06 billion from $1.17 billion.
July 15- Hewlett-Packard Co interim Chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.
Through a successful Kickstarter project, one of America's most girlie dolls can now do battle in proper attire.
July 15- Hewlett-Packard Co interim chairman and activist investor Ralph Whitworth will step down on Wednesday to focus on his health, the latest top-level departure from the computer maker as it struggles to return to consistent growth.
July 15- Hewlett-Packard Co said interim Chairman Ralph Whitworth resigned from its board of directors, effective Wednesday, to focus on his health. Relational Investors said co-founder Whitworth was taking a leave of absence from the hedge fund and it wished "his family all the best at this difficult time."
Hewlett-Packard announced on Tuesday that Chairman Ralph Whitworth has resigned from its board of directors to focus on his health, effective July 16, 2014.