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What Will Short Sellers Make Of The New Mattel CEO?
Wednesday, January 18, 2017 - 4:50pm | 371Investor enthusiasm over this CEO selection seems short lived. Short sellers had a healthy stake in the toy maker through the holiday season. The stock is up sharply since the beginning of the year. Enthusiasm among investors over Mattel, Inc. (NASDAQ: MAT) selecting a new chief executive officer...
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Mattel Just Poached A Top Google Executive To Lead The Toy Company
Wednesday, January 18, 2017 - 3:02pm | 307Margo Georgiadis joined Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) in 2009 when it was known as Google and one of the highest ranking advertising executives. Georgiadis' History In 2011 she left Google to join Groupon Inc (NASDAQ: GRPN) for a brief stint as chief operating officer. However, after...
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Come On, Barbie, Let's Go Party! Mattel Still In The Early Stages Of Its Turnaround
Friday, October 21, 2016 - 1:33pm | 330Argus maintains its Buy rating and $38 target price on Mattel, Inc. (NASDAQ: MAT) as it still believes the company is in the early stages of its turnaround under new CEO Christopher Sinclair. According to the brokerage, the company has improved marketing and business execution under the new...
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Mattel Announces Extension Of Relationship With Disney For Upcoming 'Cars' Movie
Wednesday, January 27, 2016 - 3:35pm | 303Mattel, Inc. (NASDAQ: MAT) announced on Wednesday an extension of a prior relationship with Walt Disney Co (NYSE: DIS)'s Consumer Products division. As part of the extension, Mattel maintains its exclusive worldwide rights to manufacture, market and distribute toys and products based on...
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Mattel CEO Resigns Following Preliminary Q4 Results
Monday, January 26, 2015 - 11:34am | 189Shares of Mattel, Inc. (NASDAQ: MAT) fell to a 52-week low Monday morning after its chairman and CEO, Bryan Stockton, resigned amid disappointing Q4 preliminary results. The company reported net income of $149.9 million, down sharply from $369.2 million in net income for Q4 2013. Sales were $1....