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Reuters GraphicsMelissa Benhaim, a 32-year old publicist in Miami, started her holiday shopping slightly later than usual this year. A Saturday shopping day between Thanksgiving and Christmas this year gives shoppers extra time to hold out for better bargains. Holiday shopping is expected to slow broadly. Reuters GraphicsBut toy prices, even with discounts, are up about 2.4%, DataWeave found. Shoppers are paying $16.99 for the toy this year at Kohl's, after discounts, compared to $11.54 last year, according to DataWeave.

☆ Patrick Haggerty, trailblazing gay country star, dies at 78
▼ + stars: | 2022-11-01 | by ( Scottie Andrew | ) edition.cnn.com time to read: +6 min

CNN —When Patrick Haggerty was gearing up to record his very first country music album, he had a choice to make. He chose the latter, and 1973’s “Lavender Country,” Haggerty’s first album recorded under the same name, is now widely considered the first country album recorded by an out gay musician. He became a country music star after all. That call with Greaves was the first step to reintroducing Haggerty and Lavender Country to new listeners, many of whom had been hungry for an out gay country star. “My life changed completely and forever that day.”He became a country star his wayAs more people heard “Lavender Country” and learned Haggerty’s story, his contributions to country music were acknowledged and appreciated more widely.

☆ The Happy Meal inventor says McDonald’s didn’t want it at first
▼ + stars: | 2022-10-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

But four decades ago, when the first Happy Meal debuted, the company didn’t quite get it. They didn’t immediately embrace it,” Bob Bernstein, an advertising executive who created the Happy Meal in the late 1970s, said in a video interview from his Kansas City office, which is decked out with Happy Meal memorabilia and original art. The meal’s name was an offshoot of a 1960s McDonald’s jingle, in which it called itself the “happy place.” “It’s such a happy place / Hap, hap, hap, happy place,” it went. For some reason, the company’s corporate offices outside Chicago were reluctant to roll out the Happy Meal nationally. Mario Anzuoni/ReutersIn the 1990s, Beanie Babies, Transformers and Power Rangers Happy Meal toys were massive hits for McDonald’s.

[1/3] The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, New York, U.S., November 17, 2021. A strong dollar has hurt the overseas profits of large firms, while soaring inflation has prompted interest rate hikes and companies to raise product prices, even as consumers have been forced to cut spending. Google's results bode ill for Facebook parent Meta Platforms (META.O), which is especially reliant on advertising and reports results on Wednesday. Last week, its smaller rival Snap Inc (SNAP.N) forecast no revenue growth for the holiday quarter, setting off warning bells in the social media industry. Shares in Spotify (SPOT.N), which also warned on slow advertising growth, slid 4%.

☆ Stocks making the biggest moves premarket: Boeing, Hilton, Harley-Davidson and others
▼ + stars: | 2022-10-26 | by ( Peter Schacknow | ) www.cnbc.com time to read: +3 min

Hilton Worldwide (HLT) – Hilton added 2% in the premarket after reporting better-than-expected quarterly earnings and raising its full-year forecast. Waste Management (WM) – Waste Management shares jumped 3% in premarket action after reporting better-than-expected quarterly earnings. Alphabet (GOOGL) – Alphabet slumped 6% in the premarket after it reported lower-than-expected quarterly profit and revenue. Mattel (MAT) – Mattel slid 5.5% in premarket trading after the toy maker cut its full-year profit forecast. Mattel reported a better-than-expected profit for its latest quarter, with revenue falling slightly shy of analyst forecasts.

☆ What Cramer is watching Wednesday — mortgage demand collapses, tech red flags
▼ + stars: | 2022-10-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

What I am looking at Wednesday, Oct. 26, 2022 Worst mortgage demand since 1997 . Early, weaker quarterly summary on tech Tuesday evening from Club holdings Alphabet (GOOGL) and Microsoft (MSFT). No longer in early innings of the cloud, and cloud costs, especially electricity, are way up. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

[1/3] The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, New York, U.S., November 17, 2021. Google's results bode ill for Facebook parent Meta Platforms (META.O), which is especially reliant on advertising and reports results on Wednesday. Microsoft fell 2% and chipmaker Texas Instruments , which forecast quarterly revenue and profit below estimates, was down 5%. Shares in Spotify (SPOT.N), which also warned on slow advertising growth, slid 4%. "During the quarter we experienced expected weakness in personal electronics and expanding weakness across industrial," said TI boss Rich Templeton.

Shares of the California-based toymaker fell about 4% in extended trade, after it also missed quarterly sales estimates for the first time since March 2020. Earlier this month, Hasbro Inc (HAS.O) tempered its full-year revenue outlook and warned that demand was starting to slip ahead of the festive season. Mattel, meanwhile, expects demand to accelerate during the crucial holiday shopping season, but said it would conduct more promotions to remain competitive. Kreiz said in an earnings call Mattel has not seen any "meaningful impact" on consumer demand for its toys from the price increases it has undertaken. Reporting by Uday Sampath and Ananya Mariam Rajesh in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Shares of the California-based toymaker fell about 4% in extended trade, after it also missed quarterly sales estimates for the first time since March 2020. Earlier this month, Hasbro Inc (HAS.O) tempered its full-year revenue outlook and warned that demand was starting to slip ahead of the festive season. Mattel, meanwhile, expects demand to accelerate during the crucial holiday shopping season, but said it would conduct more promotions to remain competitive. However, excluding items, the company earned 82 cents per share, beating estimates of 74 cents. Reporting by Uday Sampath and Ananya Mariam Rajesh in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Leslie Jordan death in car accident is tragic loss for my autistic son and other fans
▼ + stars: | 2022-10-25 | by ( Karin Crompton | Karin Crompton Is A Writer In Southeastern Connecticut | Where She Lives With Her Son | ) www.nbcnews.com time to read: +6 min

For much of 2021, my 11-year-old son and I had a bedtime ritual: brush teeth, watch Leslie Jordan videos, read. Our nightly Leslie Jordan check-ins had become more than just punchlines and stories. A gay actor and comedian, Jordan would toe the line with sexual innuendo one day (have you seen his Back Door Donuts post? With all due respect to social skills therapists, a Jordan video proved much more fun than our usual lessons about tone of voice and body language. “But is he married or is he gay?” Daniel asked, and around and around we went one night.

☆ Toymaker Mattel cuts annual profit forecast as inflation drags demand
▼ + stars: | 2022-10-25 | by ( ) www.cnbc.com time to read: +1 min

The Mattel sign is pictured at the Nuremberg International Toy Fair, Jan. 29, 2014, in Nuremberg, Germany. Mattel Inc cut its annual profit forecast on Tuesday and said it would ramp up promotions heading into the busy holiday season, as price hikes discourage inflation-hit Americans from spending on its Barbie dolls and action figures. Mattel, meanwhile, expects demand to accelerate during the crucial holiday shopping season, but said it would conduct more promotions to remain competitive. Mattel reduced its 2022 adjusted profit forecast to between $1.32 and $1.42 per share from $1.42 to $1.48 earlier, but its raised prices helped the toymaker post adjusted gross margin of 48.3% in the third quarter, compared with last year's 47.8%. The Fisher-Price toys maker reiterated its forecast for full-year sales.

☆ Here's why stock investors need to pay careful attention to earnings season 'report cards'
▼ + stars: | 2022-10-24 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Spencer Platt | Getty Images News | Getty ImagesIt's a big week for stock investors. Think of earnings as a company 'report card'Earnings is a synonym for "profits." Think of the disclosures like a company "report card," said John Butters, senior earnings analyst at FactSet. The metric measures S&P 500 company stock prices in the two days before and after an earnings report. What companies report now is sort of in the rearview mirror.

☆ The economy may be in better shape than you think...for now
▼ + stars: | 2022-10-23 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

The consensus forecast from economists surveyed by Reuters is that GDP grew at an annualized pace of 2.1% in the third quarter. (This will be the first estimate for third-quarter GDP, and there will be several revisions in the coming weeks.) That also means the Fed will likely continue to sharply raise interest rates to finally choke off inflation once and for all. Those rate hikes helped cause a so-called double-dip recession, where the economy suffered two downturns between 1980 and 1982. In other words, the much-hoped-for “soft landing” for the economy could turn out to be a pipe dream.

☆ Mattel to Pay $3.5 Million to Settle SEC Allegations Over Misstatements
▼ + stars: | 2022-10-21 | by ( Mark Maurer | ) www.wsj.com time to read: +3 min

The Securities and Exchange Commission said Mattel Inc. agreed to pay $3.5 million to settle claims over misstatements the toy maker made in its 2017 financial statements. Mr. Abrahams, the lead auditor on the PwC account at the time of the alleged misstatements, failed to verify the uncorrected $109 million error was documented even though he knew about it, the SEC said. Mr. Abrahams worked at PwC from 2004 until 2019, when he resigned. Mattel didn’t admit to or deny the SEC’s claims when it agreed to pay the fine. Mr. Abrahams and Mr. Euteneuer didn’t immediately respond to requests for comment.

☆ Toymaker Mattel agrees to pay $3.5 million to settle SEC charges
▼ + stars: | 2022-10-21 | by ( Chris Prentice | ) www.reuters.com time to read: +2 min

WASHINGTON, Oct 21 (Reuters) - California-based Toymaker Mattel Inc (MAT.O) has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission (SEC) charges over financial misstatements in 2017, the agency said on Friday. Mattel, which makes Barbie and Fisher-Price toys, incorrectly reported its losses during the third and fourth quarters of 2017 due to tax reporting errors, the SEC said. The issue went uncorrected until November 2019 and the lack of internal control for financial reporting related to the error remained undisclosed. A spokesperson for Mattel, which did not admit or deny the SEC's findings, said the firm is pleased to have the matter behind it. He further failed to maintain auditor independence by advising Mattel's then-chief financial officer about who should be selected for a senior position at the company.

☆ Earnings are off to a surprisingly decent start. Next week is the big test for tech
▼ + stars: | 2022-10-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +7 min

Stocks rallied this week as earnings season ramped up and is so far off to a better-than-expected start. With 20% of the S & P 500 having reported financials so far, sales results have thus far been 1.4% above expectations while earnings results are 5.4% above expectations, in aggregate. That inverse correlation between bond yields and stocks was powerful enough to trump positive earnings reports. Looking back On the earnings front, we got results from Johnson & Johnson (JNJ), Procter & Gamble (PG), and Danaher (DHR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Toymaker Mattel agrees to pay $3.5 million SEC fine for misstatements in 2017 earnings
▼ + stars: | 2022-10-21 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

Toymaker Mattel has agreed to pay a $3.5 million fine to settle charges related to misstatements in two quarters of earnings in 2017, the Securities and Exchange Commission announced Friday. The SEC said Mattel "violated numerous professional standards" by understating its tax-related valuation for the third quarter of 2017 by $109 million. Mattel's $109 million tax expense error went uncorrected until its November 2019 restatement. The SEC said Mattel did not admit or deny the findings of its probe. While we're not going to comment on the underlying facts, we appreciate the SEC's recognition of the company's remedial measures," a Mattel company spokesperson said Friday.

☆ Hasbro revenue meets expectations but earnings miss as inflation squeezes shoppers
▼ + stars: | 2022-10-18 | by ( Jack Stebbins | ) www.cnbc.com time to read: +2 min

Hasbro reported earnings Tuesday morning that fell below analysts' expectations as inflation weighed on consumers. The toy maker faced tough comparisons in the third quarter, but surging prices added to the pressure. Revenue fell 15% compared to the period last year, led by a 35% decrease in entertainment revenue. "Magic: The Gathering" is a digital and trading card game that has grown into the company's first $1 billion brand. The 30th anniversary of the game occurs in the fourth quarter of this fiscal year.

☆ Mark Cuban could have retired early after becoming a millionaire at age 32—here's why he didn't
▼ + stars: | 2022-10-13 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

When Mark Cuban was in his 20s, he wanted to get rich and retire by age 35. He succeeded at the first part: At age 32, Cuban sold his first company, a computer consulting business called MicroSolutions, for $6 million. "I'm not retired because I'm too competitive," Cuban said. O'Leary promptly retired at age 36, and ultimately regretted it. "If I'm 25 and I'm doing this again, I'm probably [thinking], 'OK, what can I do to get acquired?'"

☆ Mattel celebrates Tina Turner with Barbie creation
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +1 min

U.S. singer Tina Turner performs at the O2 Arena in London March 3, 2009. REUTERS/Stefan Wermuth/File PhotoOct 13 (Reuters) - Toy company Mattel (MAT.O) is honoring Tina Turner on the 40th anniversary of her hit song "What's Love Got To Do With It" with a Barbie doll created in her likeness. The doll, which is part of their Barbie Signature Music Series, is wearing an outfit inspired by the music video for the song - a black mini dress paired with a denim jacket and her signature hairstyle. In early November 2019, Turner attended the opening night of The Tina Turner Musical on Broadway, which chronicles her life and work. Read more:New comic book celebrates the life of legendary entertainer Tina TurnerSinger Tina Turner sells music rights to BMGRegister now for FREE unlimited access to Reuters.com RegisterReporting by Alicia Powell; Editing by Diane Craft and Lisa ShumakerOur Standards: The Thomson Reuters Trust Principles.

☆ I was obsessed with Barbie growing up so my dad helped me invest in Mattel, and I'm still building wealth today using the lessons he taught me
▼ + stars: | 2022-10-11 | by ( Danielle Cappolla | Read More | Read Less | ) www.businessinsider.com time to read: +6 min

When I was a child, my father used Barbie to help me learn about finances. I chose Mattel; my father then bought shares in a mutual fund that contained Mattel. I had Barbie dolls, Barbie Dream Houses, Barbie campers, and countless Barbie accessories. I used money I accrued through savings and investments to pay for graduate school independently, without taking out a loan. My dad's real-world application of the financial market helped me understand money in relevant ways.

☆ Toy companies expect grown-ups to shop more for other adults this holiday season
▼ + stars: | 2022-09-27 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

The toy giants realize that many adults aren’t just looking to buy toys for their children, grandkids, nieces and nephews. Companies like Hasbro (HAS) are increasingly looking to adults (and not just parents) as buyers for nostalgic products, whether its gifts for older loved ones, friends or for themselves. Toy companies and other collectibles makers clearly recognize that grown-up shoppers are still invested in the brands that they played with as kids. Mattel (MAT) is hoping to cash in from more adults buying toys for other grown-ups as well. “The Bear Cave has more lighthearted products for adults,” Price John said, including some bears drinking a glass (or bottle) of wine.

☆ How the dollar's record rally is hitting companies this earnings season
▼ + stars: | 2022-07-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

The dollar's record rally is wreaking havoc on some of the biggest companies in the world this earnings season. Morgan Stanley's Michelle Weaver said in a note to clients this week that the dollar's rally presents a headwind to earnings for U.S. companies, which make roughly 30% of sales abroad combined. Technology stocks are among the biggest behemoths so far to report headwinds from the dollar's strength this earnings season. Meanwhile, consumer discretionary names like Hasbro and Mattel are also feeling the pinch from the dollar's rally. While companies remain cautious going forward, some analysts and big investors also believe the dollar's rally has already shown signs that it's rolling over.

Pros Check mark icon A check mark. Low annual fee for investment accounts; crypto trust investments available Check mark icon A check mark. Tax-loss harvesting, portfolio lines of credit, 529 college savings plans available Check mark icon A check mark. Cash account Check mark icon A check mark. Characteristics of mid-cap companies The companies that comprise the mid-cap segment tend to have several characteristics in common.

☆ O nouă păpușă Barbie inspirată de unica cosmonaută din Rusia. „Cel mai important lucru este că toți știu că au dreptul să aleagă orice profesie le place”
▼ + stars: | 2021-03-29 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

O nouă păpușă Barbie inspirată de unica cosmonaută din Rusia. „Cel mai important lucru este că toți știu că au dreptul să aleagă orice profesie le place”Barbie a produs o păpușă care reprezintă singura cosmonaută din Rusia actuală, Anna Kikina, a anunțat corporația rusă aerospațială Roscosmos . Misiunea programată în toamna anului 2022 o va face pe tânăra de 36 de ani cea de-a patra femeie care va ateriza în spațiu. Cel mai important lucru este că toți știu că au dreptul să aleagă orice profesie le place. Anterior, Barbie a lansat și o păpușă reprezentând-o pe Valentina Tereshkova, prima femeie care a intrat în spațiu, în 1963.

Persons: Anna Kikina, Yuri Gagarin, Barbie, Valentina Tereshkova Locations: Rusia

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