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ESE Entertainment Plans NFTs Tied To New Motor Sport Platform
Wednesday, March 17, 2021 - 5:07pm | 587ESE Entertainment Inc (OCT: ENTEF) has launched Virtual Pitstop, a motor sports simulation platform, and plans to research and develop non-fungible tokens (NFTs) applied to it. What Happened: ESE Entertainment, a European-based esports company, announced on Wednesday it developed a...
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Funko's Stock Pops 25% After Piper Sandler Upgrade
Friday, December 4, 2020 - 3:32pm | 354Toy company Funko Inc (NASDAQ: FNKO) ranks among the worst-performing stocks under Piper Sandler's coverage, but the research firm is now confident in a rebound after chatting with management. The Funko Analyst: Erinn Murphy upgraded Funko's stock from Neutral to Overweight with a...
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Hasbro CEO Talks E-Commerce, Gaming, Entertainment After Q3 Print
Monday, October 26, 2020 - 12:00pm | 551Hasbro Inc (NASDAQ: HAS) CEO Brian Goldner discussed the company’s quarterly earnings and what’s in store for the holiday on CNBC Monday following the toy maker's quarterly report. Goldner on Earnings: One of the highlights in Hasbro's third quarter was a 50% jump in online...
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Should Investors Continue Playing With Mattel's Stock?
Friday, October 23, 2020 - 2:20pm | 542Mattel Inc (NASDAQ: MAT) reported third-quarter results that exceeded expectations due to what management described as "extraordinary" demand for toys. Shares are up more than 10% in Friday's session. Here is a summary of how some of the Street's top analysts reacted to the...
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BMO Upgrades Hasbro On Toy Industry Performance
Wednesday, September 23, 2020 - 3:41pm | 251Hasbro Inc. (NASDAQ: HAS) may be headed for a strong holiday season — at least much better than what investors are currently anticipating. The Hasbro Analyst: Gerrick Johnson of BMO Capital Markets upgraded the rating for Hasbro from Market Perform to Outperform, while raising the...
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Funko Reports Mixed Q4 Earnings
Thursday, March 5, 2020 - 5:48pm | 260The toy and licensed product maker Funko Inc (NASDAQ: FNKO) reported fourth-quarter earnings of 18 cents per share Thursday, beating the analyst consensus estimate of 16 cents by 12.5%. This is a 59.09% drop from earnings of 44 cents per share in the same period last year. The...
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Toy Companies Starting To Worry Coronavirus Could Hurt Supply For 2020 Holiday Season
Monday, February 24, 2020 - 6:05pm | 815Toy makers and buyers gather this week in New York for the industry's major confab. Toy company officials are starting to worry about whether they'll be able to get production going in time to have adequate supplies next holiday season with the industry's major manufacturing center,...
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4 Reasons To Buy Mattel Stock
Wednesday, February 12, 2020 - 4:27pm | 396Toy companies were first caught in the middle of the U.S.-China trade war and could now be affected by the COVID-19 virus outbreak. Whatever challenges they face, children and adults alike still need their toys. Here are four reasons from Mattel Inc (NASDAQ: MAT) analysts to buy the toy...
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JPMorgan Wants To Play With Mattel's Stock, Passes On Hasbro
Monday, January 27, 2020 - 3:05pm | 414The U.S. toy industry is likely to experience a year of rebound after a "tough" 2019 and investors should pick Mattel Inc (NASDAQ: MAT) over Hasbro, Inc. (NASDAQ: HAS), according to JPMorgan. The Analyst Tami Zakaria initiated coverage of Mattel's stock with an Outperform rating and $...
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What Went Wrong At Target During The Holidays?
Wednesday, January 15, 2020 - 2:23pm | 498Target Corporation (NYSE: TGT) was among the hottest retailers heading into the 2019 holiday season. So when the company reported disappointing holiday results on Wednesday, the stock tumbled. So what went wrong at Target? 'Far Short' Of Expectations Target's same-store sales growth...
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Why Baby Yoda Toys Weren't Ready For The Holidays
Friday, December 20, 2019 - 3:46pm | 465Baby Yoda is stealing Walt Disney Co (NYSE: DIS) fans' hearts and could have been a hot-selling toy this holiday season. But due to the high degree of secrecy in producing the "Star Wars" series featuring Baby Yoda, toymaker Hasbro, Inc. (NASDAQ: HAS) simply didn't have enough...
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Need Some Last-Minute Toy Ideas? Fox Business Has You Covered
Monday, December 16, 2019 - 2:30pm | 438With Christmas a week away, there's still plenty of time to complete some last-minute shopping. Looking for a toy idea? The Toy Insider editor-in-chief Marissa DiBartolo explained the latest toy craze on a Monday Fox Business segment. Baby Shark, Doo Doo Doo The Baby Shark Song Puppet...
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Mattel CEO: We Are More Than Just A Toy Company
Thursday, December 5, 2019 - 6:00pm | 418Mattel Inc (NASDAQ: MAT) needs to be known as more than just a toy maker and the ultimate success of the company depends on successful expansions into new ventures, company CEO Ynon Kreiz, told CNBC's Jim Cramer on Wednesday. What Mattel Is Doing Beyond Toys Mattel's core product is...
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Buy Baby Yoda Toys For Christmas You Cannot
Tuesday, November 26, 2019 - 5:00pm | 514Trying to get a Baby Yoda toy for Christmas? No! Try not. Do. Actually, Do not. There is no try. Because there is no Baby Yoda toy this Christmas. Hasbro Inc. (NASDAQ: HAS) confirmed to Vanity Fair that what may be the most-sought toy this holiday season won’t be available until next year....
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Mattel Falls After Former Exec Acknowledges Improper Accounting Practices
Wednesday, November 6, 2019 - 1:18pm | 386Toy maker Mattel Inc (NYSE: MAT) decided to change the accounting treatment of an asset instead of fixing a problem and restating earnings, according to The Wall Street Journal. What Happened Mattel executives discovered an accounting error in 2018 related to its ownership of Thomas & Friends,...