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Considering Implications For Hasbro And Mattel From The Toys 'R' Us Bankruptcy
Tuesday, September 19, 2017 - 2:53pm | 367Toys "R" Us officially filed for Chapter 11 bankruptcy reorganization in a move that shouldn't come as a surprise, as it has been speculated for a while that the retailer was struggling with its debt obligation. Under the new plan, Toys "R" Us has secured around $3 billion of debtor-in-possession...
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After 5 Years, Mattel's Top Line Returns To Growth; Q4 Guided Higher Than Average
Friday, July 28, 2017 - 1:24pm | 386Mattel, Inc. (NASDAQ: MAT)'s stock hit a multi-year low of $19.16 on Friday after the company's earnings report disappointed investors. But not all analysts on the Street are ready to throw in the towel just yet, including UBS's Arpine Kocharyan, who maintains a Buy rating and $26 price target on...