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Mattel Inc

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  • More Than 500,000 Toys Recalled Over Lead Levels Thursday, 4 Oct 2007 | 3:00 PM ET

    More than half a million toys ranging from key chains to Winnie the Pooh bookmarks and Baby Einstein color blocks are being recalled because of excessive lead levels, the Consumer Product Safety Commission said Thursday.

  • Mattel Apology Raises Trust in Exports, Says China Monday, 24 Sep 2007 | 12:23 PM ET

    China's state media on Monday welcomed U.S. toy maker Mattel's apology over its recalls of Chinese-made toys, saying that although overdue it should help restore the country's sullied export reputation.

  • Mattel Apologizes to China for Toy Recalls Friday, 21 Sep 2007 | 7:43 AM ET

    The world's largest toy maker, Mattel, apologized on Friday for damaging China's reputation after recent massive recalls of its Chinese-made toys, admitting it targeted some goods that were actually up to scratch.

  • Consumers Could Face Higher Toy Prices Friday, 14 Sep 2007 | 4:54 AM ET

    For now, toy makers and retailers are sharing the burden, but that's only expected to last until the holiday season. Next year, American consumers will be facing price increases of up to 10% to pay for the industry's increased vigilance after more than 3 million lead-tainted toys from China were recalled worldwide since June.

  • Stocks Close Lower Amid Uncertainty About Rate Cut Wednesday, 12 Sep 2007 | 4:02 PM ET

    Stocks closed lower as investors remained cautious ahead of next week's Federal Reserve meeting on interest rates. "I think the Fed is behind the game and they have to play catch up," said Bill Strazzullo, chief market strategist at Bell Curve Trading.

  • Mattel CEO: Beef Up Consumer Safety Agency Wednesday, 12 Sep 2007 | 1:45 PM ET

    Mattel Chief Executive Robert Eckert apologized Wednesday for three huge recalls this summer of lead-paint tainted toys made in China and said the company supports strengthening the U.S. government's consumer safety agency.

  • China Bans Lead in Toys to Be Exported to U.S. Tuesday, 11 Sep 2007 | 11:59 AM ET

    An agreement unveiled during the second joint U.S.-China summit on consumer product safety came in the wake of the recalls of millions of playthings decorated with paint containing the toxic metal.

  • Toys R Us, Disney to Step Up Safety Checks Monday, 10 Sep 2007 | 1:47 PM ET

    Walt Disney will begin its own testing of toys featuring Disney characters for lead paint, a move signaling increased worries over toy safety ahead of the holiday season, the New York Times reported on its Web site Monday.

  • Stocks finished the week with a huge selloff as a surprise drop in U.S. jobs sparked worries that the economy is headed for a recession.

  • Congress Looks into Mattel after Toy Recalls: WSJ Friday, 7 Sep 2007 | 6:19 AM ET

    The U.S. Congress is looking into Mattel's procedures for alerting federal regulators about hazardous toys, The Wall Street Journal reported in its online edition Friday.

  • Stocks On The Move: GM, Daimler... Wednesday, 5 Sep 2007 | 2:26 PM ET

    Following are Tuesday's biggest winners and losers. Find out why shares of General Motors (GM), Daimler (DAI) and SunMicro (JAVA) popped while Mattel (MAT) and Avis Budget Group (CAR) dropped.

  • Mattel Recalls More Chinese-Made Toys Wednesday, 5 Sep 2007 | 5:43 AM ET
    Mattel

    Toymaker Mattel on Tuesday announced a third recall of Chinese-made toys, saying it would take back more than 800,000 units globally that contain "impermissible" levels of lead.

  • Regulators Probe Mattel Safety Disclosures: WSJ Tuesday, 4 Sep 2007 | 6:59 AM ET
    Mattel

    The U.S. Consumer Product Safety  Commission is investigating the timeliness of toy company  Mattel's disclosures before its most recent recall,  the Wall Street Journal reported in its online edition on Tuesday.

  • China Says U.S. Also to Blame for Toy Safety Scares Monday, 27 Aug 2007 | 8:50 AM ET

    China hit back after Mattel's massive toy recall on Monday, saying designers and importers should also take responsibility for product safety, but promised to punish its own manufacturers who flout standards.

  • Mattel said it was recalling some models of Polly Pocket, Batman, Barbie and other Chinese-made toys from Asian markets as part of a major worldwide exercise to remove the toys from shelves because of lead paint and tiny magnets that could be swallowed.

  • Stocks closed sharply lower, with the Dow dropping more than 200 points,  amid continuing anxiety about the credit markets and a weak earnings outlook from Wal-Mart. "I still feel the market is headed for a lower low," said Byron Wien, chief market strategist at Pequot Capital Management. 

  • Mattel Chairman and Chief Executive Robert Eckert said the toy maker will continue to use Chinese manufacturers in the wake of a second safety recall, citing increased oversight the company has put in place to monitor manufacturers outside the U.S.

  • CNBC's Domm: Today's Agenda in the Markets Monday, 13 Aug 2007 | 10:21 AM ET

    Stocks start the week on firmer ground after central bankers once again pumped cash into the markets, injecting confidence and liquidity. Stock markets around the globe gained, and U.S. stock futures are higher.

  • Chinese Toy Boss 'Hangs Himself" after Mattel Recall Monday, 13 Aug 2007 | 4:37 AM ET

    The boss of a Chinese toy manufacturing company involved in a Mattel recall after its products were found to contain excessive lead levels has hanged himself, Chinese media reported on Monday.

  • Mattel Names Chinese Plant in Toy Recall: WSJ Wednesday, 8 Aug 2007 | 1:43 PM ET

    Mattel has named the Chinese factory involved in the company's recall of 1.5 million toys that contained lead paint, The Wall Street Journal reported on its Web site Tuesday evening.