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'Barbie' Gets Vietnam Ban Over South China Sea Map Depiction
Tuesday, July 4, 2023 - 8:45am | 341The upcoming “Barbie” film has been banned from distribution in Vietnam due to a scene featuring a map that depicted China’s claimed territory in the South China Sea, The Hill reports. Offending Map: The state-run media outlet, Tuoi Tre newspaper, reported that the country’...
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Live Like Barbie — Airbnb Offers Overnight Stays At Malibu Mansion: Report
Wednesday, June 28, 2023 - 1:57am | 415Barbie’s dream home in Malibu, often imagined by many, is now a reality. The Airbnb listing for this unique hot-pink property reflects Mattel’s popular Barbie doll theme with a life-sized dream home experience, The Guardian reports. Airbnb (NASDAQ:ABNB) has partnered with toy...
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Mattel Expects To Issue 400% Loss, Embraces Diversity With New Barbie And Toy Partnerships
Wednesday, April 26, 2023 - 10:52am | 446Mattel Inc. (NASDAQ: MAT) is expected to report a year-over-year decline in earnings when it issues its results for the quarter ending March 2023, according to analyst expectations. By The Numbers: The toymaker is expected to post a quarterly loss of 25 cents per share on revenues of $740.74...
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Barbie: Not Just a Fashion Icon, But Also A ... Lunar Dust Buster?
Monday, April 10, 2023 - 7:36am | 449Researchers at the Washington State University (WSU) employed the popular fashion doll “Barbie,” made by Mattel Inc (NASDAQ:MAT), to devise a new method to remove lunar dust off astronauts ahead of their next moon mission. What Happened: The researchers blasted Barbies donning...
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'Barbie' Movie Going Viral For Image Of Ryan Gosling As Ken, Here's When The Film Hits Theaters
Thursday, June 16, 2022 - 5:11pm | 371Actor Ryan Gosling is trending on Twitter Inc (NYSE: TWTR) this week. But the actor isn’t trending for a comment he made or for a current movie he’s starring in, instead a photo of the actor as an iconic toy brand has the internet buzzing. What Happened: An image of Gosling playing the...
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Mattel Wins Back Frozen And Disney Princess Rights: Why Investors Are Cheering
Friday, January 28, 2022 - 9:19am | 756Disney Princess and Frozen toys are a lucrative business line for The Walt Disney Co (NYSE: DIS) and also for whomever lands the licensing rights to the popular brands. Here’s how those rights changing hands can once again benefit Mattel Inc (NASDAQ: MAT). What Happened: Shares of Mattel...
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Barbie X Balmain NFTs Coming: How NFTs Could Strengthen Mattel's Plan To Be An IP-Driven Company
Thursday, January 6, 2022 - 2:03pm | 533The year 2021 saw NFTs from companies such as PepsiCo, Inc. (NYSE: PEP), Hasbro, Inc. (NASDAQ: HAS) and Anheuser-Busch Inbev, SA (NYSE: BUD). Also on the 2021 NFT list was toy company Mattel Inc (NASDAQ: MAT), which is back at it in 2022 with another NFT launch. What Happened:...
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Mattel To Close Factory In Canada After Shutting Down Two Asian Units
Monday, February 10, 2020 - 6:37am | 412Mattel Inc. (NASDAQ: MAT) will close a factory in Canada after shuttering two manufacturing units in China and Indonesia last year. What Happened Mattel, the Hot Wheels toys and Barbie dolls maker will close its Mega Bloks factory in Montreal, Canada. The factory will be shut down in 2021...
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Before Coke-Snorting Santa And An Ad Accused Of Weight-Shaming, Some Fails From Christmas Past
Sunday, December 15, 2019 - 6:53pm | 784After Walmart Inc. (NYSE: WMT) stopped selling a sweater this week featuring a cocaine-snorting Santa and apologized, and a trendy stationary bike company was criticized for an ad in which a husband seemed to imply his wife needed to lose some weight, it seemed like a good time to look back at few...
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Optimism In Toyland: Wells Fargo Likes Mattel, Hasbro Moving Forward
Wednesday, February 13, 2019 - 3:18pm | 556The coming year may be playtime for investors looking into toy company stocks. The two biggest players in the industry, Hasbro Inc. (NASDAQ: HAS) and Mattel Inc. (NASDAQ: MAT), both look set for 2019 growth, a Wells Fargo analyst said Wednesday. Mattel looks better positioned than its rival Hasbro...
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Mattel Shares Racing Higher After Big Earnings Beat
Thursday, February 7, 2019 - 5:38pm | 297Mattel, Inc. (NASDAQ: MAT) shares spiked higher following a surprise earnings beat after Thursday's close. The toy manufacturer reported fourth-quarter earnings of 4 cents per share, which may not compare to the $(0.15) estimate. Sales came in at $1.524 billion, beating estimates by $84 million...
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The Toy Story: After Weak Holidays, Hasbro Set for Rebound, Mattel Reliant on Barbie
Friday, January 18, 2019 - 1:55pm | 484Big toy makers Hasbro Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) both finished 2018 below expectations, but there are bright spots for the coming year, particularly for Hasbro. The Analyst MKM’s Eric Handler continues to have a Buy rating on Hasbro, but lowered his price target to $102...
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The Most Valuable Toy Brands
Saturday, March 4, 2017 - 11:46am | 375In the company’s most recent quarterly earnings call, World Wrestling Entertainment, Inc. (NYSE: WWE) CEO Vince McMahon informed shareholders that the company’s toy business is booming. “In consumer products, we maintained a dominant position with the second highest selling action...
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Hasbro Vs. Mattel: Which Was The Better Toy Story In 2016?
Monday, February 6, 2017 - 11:36am | 848The toy stories are published, done and dusted. It is now time to take stock of which of it was engrossing from an investor perspective. Given that the quarter encompassed the key holiday selling season, the faring this quarter assumes importance for the Hasbro, Inc. (NASDAQ: HAS)– Mattel...
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Is Mattel's Q4 Miss The End Of This Toy Story?
Thursday, January 26, 2017 - 3:00pm | 417Shares of Mattel, Inc. (NASDAQ: MAT), known for its Barbie brand of toys, plunged more than 15 percent after a “surprise” fourth-quarter EPS miss due to the late arrival of Christmas retail selling season. Investors were taken by surprise with the toy maker announcing the year’s...