Latest in Mattel, Hasbro lower guidance ahead of holiday season
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Business - CNBC
Mattel, Hasbro lower guidance ahead of holiday season
Toy giants Mattel and Hasbro decreased 2024 guidance prior to the holiday season as toy sales continue to fall during the third quarter.4 hours ago -
Business - CNBC
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl's are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.10 hours ago -
Business - The Wall Street Journal
Renault Backs Guidance as Revenue Rises
The French carmaker backed its outlook for the year after third-quarter revenue rose despite a decrease in group car sales.16 hours ago -
Top stories - NBC News
29+ personalized holiday gifts
We rounded up 29+ personalized gifts for everyone on your list — including embroidered tote bags, customized photo puzzles, engraved jewelry and more.1 hour ago -
Politics - The Hill
Ozempic lowers Alzheimer’s risk: Research
The diabetes and weight loss drug Ozempic could lower the risk of Alzheimer's disease among people with Type 2 diabetes, according to a new study published Thursday. Alzheimer’s disease is the ...3 hours ago -
Business - MarketWatch
Harley-Davidson’s stock falls as motorbike maker lowers guidance to reflect still-pressured consumer
Harley-Davidson’s stock was down Thursday, after the iconic motorbike maker topped estimates for the third quarter despite steep declines in profit and revenue, but lowered its full-year guidance ...4 hours ago -
Top stories - NBC News
Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl’s may not be winning on Wall Street, but a wide set of consumers still consider them to be the best in their categories, according to a consumer sentiment survey released Thursday.7 hours ago -
Business - MarketWatch
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.7 hours ago -
Business - MarketWatch
U.S. economy keeps up the momentum ahead of holiday shopping season, S&P finds
The U.S. economy got off to a good start in the fourth quarter, a pair of S&P surveys found, and pointed toward steady growth at the tail end of the year.8 hours ago -
Business - MarketWatch
Honeywell’s stock falls as sales miss and lowered guidance offsets profit beat
Honeywell International Inc.’s stock fell 2.5% early Thursday, after the aerospace and technology company missed third-quarter sales estimates and lowered its guidance, offsetting a profit beat.8 hours ago -
Business - MarketWatch
Barbie boom fades at Mattel, but Hot Wheels — and adult collectors — are on an upswing
Mattel Inc. reported mixed third-quarter results, as a drop in demand for Barbie toys weighed on sales overall — but management said it expects a solid holiday season ahead and a toy-centric film ...22 hours ago -
Business - Inc.
Mattel Braces for Flat Toy Sales Ahead of Holiday Season
Mattel, the company behind Barbie doesn’t anticipate a high holiday sales season this year.Yesterday -
Business - The Wall Street Journal
Mattel Lowers Sales Outlook After Barbie Sales Weigh
The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.Yesterday -
Business - The Wall Street Journal
Michelin Lowers Guidance After Sales Fall
The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.Yesterday -
Top stories - CBS News
Target, Walmart and other retailers announce price cuts ahead of holidays
Target says more than 2,000 items are having their prices marked down ahead of holiday season, joining other retailers like Walmart and Aldi who have also announced plans for cheaper costs before ...Yesterday -
Business - The Wall Street Journal
Akzo Nobel Sees Full-Year Earnings at Lower End of Guidance
The Dutch paints company reported a fall in third-quarter net profit, missing consensus views, and said it expected full-year earnings at the lower end of its guidance.Yesterday -
Top stories - NBC News
Target cutting prices on 2,000 items for cash-strapped shoppers ahead of the holidays
Target is lowering prices on more than 2,000 items across an array of categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches.2 days ago -
Business - MarketWatch
Hasbro and Mattel are relatively insulated from China tariffs. They would still hurt.
The toy giants are “underindexed to industry average” in terms of their exposure to China, a UBS analyst says.3 days ago - China -
Business - CNBC
28% of credit card users are still paying off last year's holiday debt. How to get this season’s tab under control
Americans tend to overspend during the holiday shopping season and this year will be no different, experts say.3 days ago -
Sports - Yahoo Sports
Warriors waive three players ahead of 2024-25 season opener
The Golden State Warriors' roster for the 2024-25 NBA season is set ahead of their game against the Trail Blazers on Wednesday in Portland.4 days ago - NBA -
Sports - Yahoo Sports
Celtics waive Lonnie Walker IV ahead of season opener: Report
The Celtics have waived Lonnie Walker IV, per reports. Here's what that means for Boston's roster and Walker going forward.5 days ago - NBA -
Business - MarketWatch
CVS cuts outlook yet again — while swapping out CEO for a company veteran
“The shift in management is not surprising as the company looks to level set its operations and strategically position itself for future growth,” analyst said.6 days ago -
Business - Financial Times
ECB lowers rates to 3.25% as inflation slows
Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressuresOctober 17 -
Entertainment - Los Angeles Times
Toys aren't just child's play. Mattel, Lego and others find 'kidults' bring in big business
Mattel, Lego and other toy companies are targeting a growing number of adults who are buying toys for themselves.October 17 -
Sports - Yahoo Sports
Washington Wizards 2024-25 season preview: A lottery team with a long rebuild ahead
Breaking down Washington's biggest question, best- and worst-case scenarios, and fantasy outlook.October 16 -
Business - CNBC
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.October 16 -
Business - CNBC
Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush
The supply chain looks stable into holiday shopping season, according to a top DHL executive, but a few big changes are coming to e-commerce delivery schedules.October 16 -
Top stories - BBC News
What Lower Inflation Means For You
There’s been a surprise fall in the rate at which prices increaseOctober 16 - Inflation -
Business - Inc.
Retailers Can Expect Another Record-Breaking Holiday Season
The National Retail Federation anticipates up to $990 billion in holiday sales despite inflation-wary consumers.October 15 -
Business - The Wall Street Journal
Adidas Raises Guidance on Better-Than-Expected Results
The German sportswear company cited better-than-expected results for the third quarter and brand momentum.October 15 -
Sports - CBS Sports
Why Kings' De'Aaron Fox is reportedly turning down $165 million extension ahead of 2024-25 NBA season
Fox could earn up to $345 million on his next deal if he has a stellar 2024-25 seasonOctober 14 - NBA -
Business - CNBC
Fed Governor Waller sees need for 'more caution' ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September.October 14 - Federal Reserve -
Top stories - NBC News
Fed Governor Christopher Waller sees need for more caution when lowering interest rates
Federal Reserve Governor Christopher Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September as he expressed concern that the economy could ...October 14 - Federal Reserve