Barbie will soon come to life on a big screen in her movie debut. Production is set to start by the end of the year.» Read More
April 21- Hasbro Inc reported a better-than-expected quarterly profit on strong demand for toys such as My Little Pony, that have strong tie-ins with TV shows aimed at little girls. Hasbro's shares rose as much as 4.2 percent to touch an all-time high of $56.91 in early trading on Monday.
April 21- Toymaker Hasbro Inc reported a better-than-expected quarterly profit, helped by strong demand for its toys for girls. Hasbro's first-quarter revenue rose 2 percent to $679.5 million, falling short of the average analyst estimate of $690.17 million.
PAWTUCKET, R.I.— Hasbro returned to profitability in its first quarter, driven by sales of girls' toys such as My Little Pony and Nerf Rebelle. Its latest earnings topped Wall Street estimates but revenue was short of what analysts expected. Hasbro Inc.' s sales of girls' products were strong however, up 21 percent.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Western Union Co., down 80 cents to $15.25. Barnes& Noble Inc., down $2.23 to $16.37.
April 17- Mattel Inc, the world's largest toymaker, reported its first quarterly net loss in nearly five years due to a double-digit fall in sales of its iconic Barbie dolls, sending the company's shares down as much as 3 percent in early trading.
Technology stocks are leading an early decline on Wall Street after Google and IBM reported disappointing earnings. Mattel and UnitedHealth Group also fell in early trading Friday after their own results fell short of what investors were expecting. Goldman Sachs and Morgan Stanley rose after reporting better results than analysts had forecast.
The market appeared set Thursday morning for its fourth-consecutive positive open this week, but immediately turned negative as investors sold shares in Google and IBM. Earnings from toy maker Mattel and insurer UnitedHealth also dragged down the market. While big drops in IBM and UnitedHealth helped keep the Dow Jones industrial average in the red.
April 17- Mattel Inc, the world's largest toymaker, reported a net loss for the first quarter due to a fall in sales of its iconic Barbie dolls and Fisher-Price toys for preschoolers. Mattel said its sales in North America, which accounts for half of its total revenue, fell 2 percent.
EL SEGUNDO, Calif.— Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss. In addition, Mattel Inc. has been struggling with weakness in core brands like Barbie, which had a 14 percent drop in sales, and Fisher-Price, down 6 percent.
April 17- Mattel Inc, the world's largest toymaker, reported a net loss for the first quarter due to a fall in worldwide sales of its Barbie dolls and Fisher-Price toys. Mattel's sales in North America fell 2 percent in the quarter ended March 31. Mattel's worldwide sales fell 5 percent to $946.2 million.
Applications for US jobless aid up 2 K to 304,000 GE 1 Q earnings fall, outlook strong PepsiCo 1 Q jumps on snack sales, cost cuts Goldman Sachs earnings fall 11 percent Weak Barbie sales weigh on Mattel 1 Q World stocks subdued, Nikkei flat on profit taking Target expands subscription service tenfold EU warns Russia against using gas for politics Researcher finds flaw in Samsung fingerprint check Chipotle 1 Q profit misses view, sales surge
US stock indexes rise in pre-market trading on positive earnings from Pepsi, others Americans seeking weekly unemployment benefits rose to 304,000; still at pre-recession levels GE earnings lower because of NBC sale last year, outlook for economy positive PepsiCo quarterly profit beats expectations on stronger snack sales, cost cuts Goldman Sachs says first-quarter earnings fall 11 percent as fixed income trading slumps Mattel reports 1st quarter loss on weak sales of Barbie, weakness internationally Chipotle sales surge as more customers take a taste, but higher costs limit profit gains Target expands subscription service as it fends off Amazon.com in fight for online shoppers EU warns Russia of using gas supplies to Ukraine for political ends, urges stable supplies UnitedHealth's 1st- quarter profit tumbles 8 percent, insurer cites overhaul costs
There is a serious problem with objectifying women in America but it's not Barbie's fault, says Carol Roth.
*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.
*Citigroup lowers 2013 profit as a result of fraud. *Salesforce.com raises revenue outlook, shares up. NEW YORK, Feb 28- U.S. stock index futures pointed to a slightly lower open on Wall Street Friday, with the S&P 500 coming off a record close and after the U.S. government slashed its estimate for fourth-quarter economic growth.
Some of the names on the move ahead of the open.
*Salesforce.com raises revenue outlook, shares up. NEW YORK, Feb 28- U.S. stock index futures dipped on Friday, with investors reluctant to make big bets after the S&P 500 closed at a record and ahead of closely watched data on economic growth.
*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.
New product launches helped Lego's sales shoot up last year, outperforming the global toy market and cementing its position as one of the world's top toymakers.