April 17- Chubby-faced American Girl dolls and the "descendants" of Dracula and Frankenstein's monster are helping Mattel Inc boost sales to pre-teen girls as its iconic Barbie franchise shows signs of aging. Mattel said on Wednesday that sales were also driven by demand for " Monster High," dolls depicting the "descendants" of famous horror story characters.
April 17- No. 1 toymaker Mattel Inc reported stronger-than-expected first-quarter results, helped by cost controls and higher demand for American Girl and Monster High dolls, sending the company's shares to their highest level in nearly 15 years. Mattel shares rose as much as 6 percent in early trading on Wednesday.
U.S. stock index futures were lower Wednesday, pressured by some weaker-than-expected earnings and amid worries over global growth.
*Earnings per share of 11 cents exceed 9- cent Wall Street view. April 16- No. 1 toymaker Mattel Inc reported stronger-than-expected first-quarter results, helped by tight cost controls and increased demand for American Girl and Monster High dolls.
April 16- No. 1 toymaker Mattel Inc reported better-than-expected first-quarter results, helped by tight cost controls and strong demand for American Girl products and Monster High dolls.
*Tech weakness weighs on Nasdaq; Apple drops 4 pct. NEW YORK, April 17- U.S. stocks dropped 1 percent in a broad decline on Wednesday, with materials and energy shares leading the way lower as commodity prices dropped, while a selloff in Apple shares pressured the Nasdaq.
*Bank of America tumbles after earnings miss forecasts. *Tech weakness weighs on Nasdaq; Apple drops 4 pct. NEW YORK, April 17- U.S. stocks dropped 1 percent in a broad decline on Wednesday, with materials and energy shares leading the way lower as commodity prices dropped, while a selloff in technology stocks pressured the Nasdaq index.
*FTC probing Office Depot/ OfficeMax deal, Tesoro refinery buy. WASHINGTON, Feb 28- President Barack Obama is to name Edith Ramirez, once his colleague at the Harvard Law Review, as chairwoman of the Federal Trade Commission, the FTC said on Thursday.
WASHINGTON, Feb 28- President Barack Obama intends to name Edith Ramirez the chairwoman of the Federal Trade Commission, a White House official said on Thursday. Ramirez would replace outgoing Chairman Jon Leibowitz, who handled high-profile, anti-trust cases against Intel Corp and Google Inc during his tenure.
WASHINGTON, Feb 28- President Barack Obama intends to name Edith Ramirez the chairwoman of the Federal Trade Commission, a White House official said on Thursday. Ramirez would replace outgoing Chairman Jon Leibowitz, who handled high-profile, anti-trust cases against Intel Corp and Google Inc during his tenure.
COPENHAGEN, Feb 21- Danish toymaker Lego said its sales leapt by a quarter in 2012, helped by the popularity of its Star Wars-themed toy sets. The maker of colourful plastic building pieces said on Thursday sales rose to 23.4 billion Danish crowns last year from 18.7 billion crowns in 2011 despite an economic slowdown that has hurt rivals Mattel and Hasbro.
It's not to say we are not continuing in China, " Lisa McKnight, SVP Marketing of Mattel's North American unit, said in a recent interview on the sidelines of the 110th American International Toy Fair in New York.
Feb 6- The corner is far from turned in Europe, but for some U.S. companies there is a sense that they have reached- or can at least see- a bottom after years of weakness, a welcome change that could help boost profits in 2013..
JAKARTA, Feb 5- One of the world's biggest pulp and paper companies said it would stop using timber from Indonesia's natural forests and only use trees from plantations in a drive that an environmental group said may be a milestone if the company keeps its promise.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."