Mattel Inc

Toy enterprise Mattel agrees to pay out $3.5 million high-quality for misstatements in 2017 earnings, SEC states
Mattel Inc. Barbie brand dolls are exhibited for sale at a Walmart Inc. shop in Burbank, California, U.S., on Tuesday, Nov. 26, 2019. A PWC study shows that 36% of individuals surveyed plan to store on Black Friday. Deals will eventually dictate where by paying out and visits go. Bloomberg | Bloomberg | Getty Illustrations […]
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Hasbro revenue meets expectations but earnings miss as inflation squeezes shoppers
A worker arranges boxes of Hasbro board games on a shelf at a Target Corp. location in Emeryville, California. David Paul Morris | Bloomberg | Getty Images Hasbro reported third-quarter earnings Tuesday morning that fell short of analysts’ expectations as inflation weighed on consumers. The toy maker also faced tough comparisons from a year ago […]
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Blumhouse, studio known for highly profitable horror films, is no longer producing Mattel’s Magic 8 Ball movie
Magic 8 Ball by Mattel Source: Amazon Blumhouse is no longer a producing partner of Mattel’s planned Magic 8 Ball film. On Friday, co-founder and producer Jason Blum told CNBC that the horror production power house was no longer attached to the toymaker’s project. “We developed it for a while, but we are no longer […]
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Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Card members registered record spending, driven by a rebound in travel and entertainment. Verizon (VZ) – Verizon fell 4.4% in the premarket after adjusted […]
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Mattel CEO says ‘Barbie’ movie production wrapped Thursday, exactly a year before release date
Mattel CEO Ynon Kreiz told CNBC’s Jim Cramer that the company’s highly anticipated Barbie movie finished production on Thursday. “What is special now is that today, we actually wrapped production, principal photography, for the Barbie movie, exactly one year before we release it theatrically worldwide with our partners, Warner Brothers. … Look out for that,” […]
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Mattel inks deal with Elon Musk’s SpaceX to produce line of toys
The company’s Cargo Dragon spacecraft rolls out to the launchpad in Florida atop a Falcon 9 rocket. SpaceX Mattel inked a multiyear deal with Elon Musk’s SpaceX to create a line of toys inspired by the space venture, the companies announced Wednesday. “As space exploration advances more quickly than ever before, we are thrilled to […]
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Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to report quarterly numbers. “In this environment, it’s always going to be fragile on the upside and easy on the downside, because the […]
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5 things to know before the stock market opens Monday
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Here are the most important news items that investors need to start their trading day: 1. Big earnings week More quarterly earnings reports will stream in this week as companies and investors […]
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