Archive for the 'Stock Market' Category

Mattel Sees Drop In Sales, Hasbro Sees Increase

After last years massive recalls Mattel has been struggling with a drop in sales of their Fisher-Price toys and higher costs. They were discouraged Monday to see that they lost $46.6 million in their first quarter at Wall Street. Hasbro on the other hand saw a 14% increase in profits.

Ebay’s Stocks Lower After News Of Meg Whitman’s Departure

Ebay’s stocks rose this week and were seen to be higher than that of its fourth quarter report. However, after Chief Exec – Meg Whitman – announced that she would be stepping down the stocks were seen to slow down.