Sean McGowan, Needham & Company, reveals his play on the toy makers after Disney announces it will shift the rights for "Frozen" dolls from Mattel to Hasbro.» Read More
NEW YORK— The toy wars just got a bit colder thanks to Disney's "Frozen," with Hasbro wrestling the rights for dolls from the hit movie away from its rival Mattel. Hasbro Inc. announced Wednesday that its new deal with Disney Consumer Products will give it global rights— with the exception of Japan— to develop dolls based on "Frozen."
Wal-Mart Stores Inc, Toys R Us Inc and industry magazine Toy Insider have all picked the just-launched toy for their closely watched annual gifting guides.
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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.
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.
Barbie sales have disappointed toy maker Mattel, and consumers may not run back to the classic doll any time soon.
Treasurys rose as US equities declined on Thursday after reports surfaced that a Malaysian passenger plane had been shot down in Ukraine.
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.
U.S. stock index futures traded lower on Thursday, after the announcement of fresh sanctions against Russia hurt global markets.
Some of the names on the move ahead of the open.
*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.
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."