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Oct 20- Hasbro Inc, the second-largest U.S. toymaker, reported a strong quarterly profit, driven by robust sales of Marvel and Transformers action figures in emerging markets such as Latin America and the Asia Pacific region. Hasbro's results were stronger than those of larger rival Mattel Inc, which last week posted its fourth straight quarterly fall in sales.
Hasbro reported a 43 percent jump in quarterly profit, helped by higher demand for its Transformers, Marvel and Stars Wars action figures.
Oct 20- Hasbro Inc, the second-largest U.S. toymaker, reported a 43 percent jump in quarterly profit, helped by higher demand for its Transformers, Marvel and Stars Wars action figures in emerging markets such as Latin America and the Asia Pacific region. Sales of boys' toys, Hasbro's largest business, rose 22 percent to $478.5 million, helped by higher sales of Nerf...
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Chesapeake Energy Corp., up $3.02 to $20.79. The energy company is selling drilling assets in West Virginia and Pennsylvania to Southwestern Energy Co. for $5.4 billion.
EL SEGUNDO, Calif. _ Mattel Inc. on Thursday reported earnings of $331.8 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share. Analysts expected $2.15 billion, according to Zacks.
NEW YORK— Mattel said Thursday that its third-quarter net income fell 21.5 percent as demand for Barbie and American Girl dolls fell. The toy company said its net income fell to $331.8 million, or 97 cents per share, in the three months through Sept. 30, from $422.8 million, or $1.21 per share, in the same quarter a year ago. Mattel Inc., based in El Segundo, California, also...
Oct 16- Mattel Inc's revenue fell for the fourth straight quarter as demand for its billion-dollar brands, Barbie and Fisher-Price, slipped further, mounting pressure on the toymaker to reinvent itself. Mattel, which was deposed by Denmark's privately held Lego Group as the world's largest toymaker by sales earlier this year, also reported a 21.5 percent drop...
NEW YORK— Mattel's got girl problems and her name is Barbie. Mattel reported Thursday that Barbie sales fell 21 percent for the three months ended Sept. 30, even sharper than the 15 percent drop in the second quarter. Heightening tensions even more, Mattel's rival Hasbro Inc. recently landed the rights for dolls from the blockbuster Disney movie "Frozen," a coveted...
Oct 16- Toymaker Mattel Inc reported a 21.5 percent fall in quarterly profit as demand for its billion-dollar brands, Barbie and Fisher-Price, slipped further. Mattel's net sales fell 8.4 percent to $2.02 billion. Net income fell to $331.8 million, or 97 cents per share, from $422.8 million, or $1.21 per share, a year earlier.
After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.
Puppy Surprise, Care Bears, Pound Puppies: Some of this season’s hyped toys will be familiar to kids growing up in the 80s and 90s.
The toy industry saw a pick-up in sales in the first half of the year despite a slowing economy, and will remain strong, according to Lego's CFO.
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.
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.
Super Awesome Me uses 3-D printing technology to turn your kid into a superhero action figure.
Wal-Mart released its second annual Chosen by Kids Top 20 Toys List, which includes "Frozen" products and a cell phone case maker.
As Wall Street returns back to work, these S&P 500 stocks were busy all summer making big returns in investors' portfolios.
Hasbro doesn't toy around when it comes to R&D. A look inside the art of innovation with My Little Pony, Mr. Potato Head and Play-Doh.
Several companies missed profit estimates today, bucking the trend. Here's what it means for the markets....
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.