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Barbie On Hoodies: Mattel And Gap Reveal Apparel Partnership; Hot Wheels On The Way
Wednesday, April 19, 2023 - 2:39pm | 269Mattel Inc (NASDAQ: MAT) and Gap Inc (NYSE: GPS) are forming a new apparel collaboration. The first of many upcoming Gap x Mattel product drops will be the Gap x Barbie collection. The collection will offer tees, skirts, logo hoodies, denim, button-downs and accessories as well...
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Luminar Technologies, EHang Holdings And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
Wednesday, March 22, 2023 - 7:05am | 354U.S. stock futures traded slightly lower this morning. Here are some big stocks recording losses in today’s pre-market trading session. Luminar Technologies, Inc. (NASDAQ: LAZR) shares dropped 6.9% to $7.20 in pre-market trading. Goldman Sachs downgraded Luminar Technologies from Neutral to...
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Why Tivic Health Systems Are Trading Lower By 55%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, February 9, 2023 - 1:50pm | 1652Gainers Hempacco Co., Inc. (NASDAQ: HPCO) rose 296% to $2.99 after declining 6% on Wednesday. Cardiovascular Systems, Inc. (NASDAQ: CSII) shares jumped 48.6% to $19.78 following Q2 results. Abbott Laboratories agreed to acquire Cardiovascular Systems for $20 per share for an equity value of...
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Mattel Shares Drop On Q4 Earnings Miss
Thursday, February 9, 2023 - 7:23am | 359Mattel Inc (NASDAQ: MAT) reported a fourth-quarter FY22 sales decline of 22% year-on-year to $1.40 billion, missing the consensus of $1.68 billion. North America segment sales declined 26% Y/Y, and International sales fell 18%. Worldwide Gross Billings for Dolls fell 27% as reported...
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US Court Indicts Google And YouTube Content Providers For Violating Children Privacy
Thursday, December 29, 2022 - 8:05am | 455A U.S. appeals court revived a suit charging Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and other companies of violating the privacy of children below 13 years. Google and other companies allegedly tracked the children's YouTube activity without parental...
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Mattel's Many Growth Drivers In 2023 Make This Analyst Remain Bullish On The Stock
Wednesday, October 26, 2022 - 2:57pm | 428DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) but lowered the price target from $45 to $31. Mattel slightly missed the consensus 3Q22 sales estimate but beat the Street's operating profit by 2%, said the analyst....
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Mattel Shares Drop After FY22 Earnings Guidance Cut, Mixed Q3 Results
Wednesday, October 26, 2022 - 7:29am | 387Mattel Inc (NASDAQ: MAT) reported a third-quarter FY22 sales decline of 0.4% year-on-year to $1.76 billion, missing the consensus of $1.79 billion. North America segment sales declined 3% Y/Y, and International sales grew 5%. Worldwide Gross Billings for Dolls decreased 3% Y/Y,...
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Tesla Slashes China EV Prices, TSMC Joins Embargo After NVIDIA and AMD, Schlumberger Rebrands As SLB: Top Stories Monday, Oct. 24
Monday, October 24, 2022 - 8:28am | 1761Benzinga Tesla Slashes China EV Prices By 5% To Push Up Volume, Base Model Y Now Eligible For Subsidies — But There's A Flip Side Tesla Inc (NASDAQ: TSLA) is cutting prices for its Giga Shanghai-made cars by about 5%, reversing the price hikes announced earlier this year. Made-in-...
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Mattel Agrees To Pay $3.5M To Settle SEC Charges Over Financial Misstatements
Monday, October 24, 2022 - 6:45am | 416The Securities and Exchange Commission said Mattel Inc (NASDAQ: MAT) has agreed to pay $3.5 million to settle charges relating to misstatements in its third and fourth-quarter 2017 financial statements. According to the SEC’s order, the toymaker understated the tax-...
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Mattel Introduces First Autistic Character In 'Thomas & Friends' Franchise
Wednesday, September 7, 2022 - 1:48pm | 177Mattel Inc (NASDAQ: MAT) has introduced Bruno, the first autistic character in the Thomas & Friends franchise. Bruno is a joyful, pun-making brake car. Mattel Television developed Bruno in collaboration with the Autistic Self Advocacy Network (ASAN) and Easterseals Southern...
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Mattel's High Inventory Is Not A Cause For Concern, Says This Analyst
Wednesday, August 24, 2022 - 2:57pm | 341D.A. Davidson analyst Linda Bolton Weiser reiterated the Buy rating on the shares of Mattel Inc (NASDAQ: MAT) with a price target of $45.00. The analyst said the more muted 2022 outlook for Barbie is due entirely to Dream House softness due to its high price point and...
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Mattel, Skydance Media Intend To Develop 'Matchbox' Live-Action Motion Picture
Tuesday, July 19, 2022 - 4:12pm | 217Mattel Inc (NASDAQ: MAT), along with media company Skydance, plans to develop Matchbox, its real-world die-cast toy vehicle line, into a live-action motion picture. The Matchbox brand was invented in 1953 by automotive expert and enthusiast Jack Odell. For Mattel Films, the project will...
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Read Why Goldman Sachs Turns Bullish On This Toy Maker
Monday, July 11, 2022 - 6:07am | 152Goldman Sachs analyst Michael Ng upgraded Mattel Inc (NASDAQ: MAT) to Buy from Neutral with a price target of $31, up from $30, implying a 36.2% upside. The analyst said Mattel stood out against the macroeconomic volatility by good demand for its television and film...
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Mattel Expands Its PlayBack Program To Include Fisher-Price Toys
Tuesday, June 7, 2022 - 6:14am | 169Mattel Inc (NASDAQ: MAT) has expanded its Mattel PlayBack program to include Fisher-Price toys. Fisher-Price will join Barbie, MEGA, and Matchbox brands in the toy takeback program. The program is designed to recover and reuse materials from old Mattel toys in future Mattel products...
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Activist Investor Ancora Urges Hasbro To Sell Entertainment One Unit
Tuesday, May 3, 2022 - 6:39am | 342Ancora Holdings Group, LLC, the activist investor with a 1% stake in Hasbro Inc (NASDAQ: HAS), has urged the toymaker to sell its Entertainment One unit. Ancora, through a letter sent to the company’s board, also urged Hasbro to replace longstanding directors on its board....