Mattel Inc

Toy enterprise Mattel agrees to pay out .5 million high-quality for misstatements in 2017 earnings, SEC states
Politics

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
Business

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
Technology

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 midday: Snap, American Express, Verizon, Seagate and more
Business

Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more

Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as growth in travel and entertainment spending helped American […]

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Stocks making the biggest moves premarket: American Express, Verizon, Twitter and more
Business

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
Business

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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Stocks making the biggest moves after hours: Snap, Meta Platforms, Mattel and more
Finance

Stocks making the biggest moves after hours: Snap, Meta Platforms, Mattel and more

People walk past Snap Inc. Snapchat signage displayed in downtown Los Angeles, California on October 2, 2021. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines after the bell:  Snap – Shares of the Snapchat parent company plummeted more than 26% in extended trading after reporting a miss on the […]

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Mattel inks deal with Elon Musk’s SpaceX to produce line of toys
Business

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
Business

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
Business

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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