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.

What are the advanta

You've probably heard of cloud computing. It's a huge growth ...

Simple steps to reme

Depending on the requirements of your job, you might find ...

If what you want is

Think about a boring day... outside is raining and you ...

How to Save Energy i

These days we’re all conscious of the amount of energy ...

The Benefits of Outs

Are you running a business single handed or with a ...