Our Business News

Business articles & tips that will guide you.

Facebook
RSS

NEW YORK Toymakers Mattel Inc. , Hasbro Inc. and Jakks Pacific Inc. were downgraded to hold from buy by Needham on Wednesday. Analyst Sean McGowan cited macro concerns he had over weak retail toy sales in the U.S., continued economic weakness in Europe and the potential that consumers will be “distracted” by U.S. presidential election, all resulting in weak retail sales in October and early November. “We now see the potential for negative surprise on holiday sales as greater than the potential for positive surprises,” McGowan said. Mattel fell 1.8%. Hasbro dropped 1.3%. Jakks Pacific declined 4.7%.

You must be logged in to post a comment.

How To Get Perfect A

Have you ever considered how hard it must be for ...

How a Proper Documen

One of a business’ main goals is to enhance its ...

Tips on How to Incre

Creativity is essential in business. The more creative you and ...

10-Step Plan for How

Anyone who desires to start a business no matter how ...

Different types of o

Instead of going a real casino or gambling saloon, online gambling ...