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Stifel: Funko's Q1 Impresses Despite Toys R Us Liquidation
Friday, May 11, 2018 - 11:35am | 362The Street was unimpressed by Funko Inc (NASDAQ: FNKO)’s sturdy first quarter. The stock plunged 7.8 percent in spite of top- and bottom-line beats, but Stifel came to the company’s defense. The Rating Analyst Drew Crum maintained a Buy rating on Funko with an $11 price target...
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Jefferies: The Bearish Case For Mattel's Stock No Longer Applies
Wednesday, April 11, 2018 - 1:26pm | 350Mattel, Inc. (NASDAQ: MAT) isn't out of the woods just yet, as there are multiple risks management needs to address. But the case for being bearish on the stock has come to an end as shares are trading near its fair value, according to Jefferies. The Analyst Jefferies' Stephanie Wissink...
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Could Nostalgic Toys 'R' Us Kids Crowdfund The Bankrupt Retailer's Rescue? One Billionaire Investor Hopes So
Friday, March 23, 2018 - 4:16pm | 428Just six months after toy retail giant Toys ‘R’ Us declared bankruptcy, the company announced it will be liquidating its remaining assets and closing its remaining stores. For millions of Americans, the Toys ‘R’ Us brand holds nostalgic value in their hearts. But before the...
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Buy Hasbro As Toys 'R' Us Liquidates, Says KeyBanc Analyst
Thursday, March 22, 2018 - 11:52am | 651Toys R Us' pending liquidation of its U.S. business is a clear overhang for the entire toy sector, and the official announcement of store closures is a negative for near-term earnings, a KeyBanc Capital Markets report said. But shares of Hasbro, Inc. (NYSE: HAS) and Mattel, Inc. (NASDAQ: MAT)...
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Not Just A Toy Story: Market Winners And Losers From The Toys 'R' Us Liquidation
Friday, March 16, 2018 - 10:21am | 711Toys 'R' Us's days as a toy retailer appear to be numbered after the company filed plans for liquidation of its more than 700 domestic stores and over 200 of its Babies 'R' Us stores. Investors are now questioning what impact the closures will have in the overall retail sector...
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Analyst Sees Buy Opportunity In Hasbro As 'Black Panther' Success Should Help Offset Toys 'R' Us Decline
Monday, March 12, 2018 - 3:31pm | 406The success of the "Black Panther" film bodes well for Hasbro, Inc. (NASDAQ: HAS)'s business at a time when the stock is seeing pressure from reports of a potential Toys "R" Us liquidation. The Analyst B Riley FBR's Susan Anderson maintains a Buy rating on Hasbro's...
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What The Toys 'R' Us US Liquidation Means For Toy Makers
Friday, March 9, 2018 - 12:32pm | 739Toy stocks were under heavy selling pressure Friday after a Bloomberg report said retailer Toys "R" Us is likely preparing itself to liquidate its bankrupt U.S. business. What Happened Toys "R" Us hired a law firm with expertise in debt restructuring in early September 2017...
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Analyst: Toys R Us Closures Could Be Positive Catalyst For Bed Bath & Beyond
Tuesday, February 27, 2018 - 2:45pm | 423Bankrupt toy store Toys R Us is reportedly looking at closing another 200 stores and lowering its headcount after a poor holiday season. If this is the case, Bed Bath & Beyond Inc. (NASDAQ: BBBY)'s children's concept, buybuy BABY, stands to greatly benefit, according to Loop Capital....
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The Latest On Mattel And Hasbro From Toy Fair 2018
Wednesday, February 21, 2018 - 6:28pm | 563Hasbro, Inc. (NASDAQ: HAS) and Mattel, Inc. (NASDAQ: MAT) had a rough 2017, with the announcement of the closure of about 170 Toys R Us stores. But the beleaguered toy stocks could be turning around, according to D.A. Davidson. The Rating D.A. Davidson analyst Linda Bolton...
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BofA: 3 Possible Reasons For Tough Kite Realty Guidance
Friday, February 2, 2018 - 2:36pm | 349The shopping center REIT Kite Realty Group Trust (NYSE: KRG) posted fourth-quarter results Thursday that prompted Bank of America Merrill Lynch to downgrade the stock. The Analyst Bank of America's Craig Schmidt downgraded Kite Realty's stock rating from Buy to Neutral with a...
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Market Befuddled By Tuesday's Toy Stock Spike
Wednesday, January 24, 2018 - 11:50am | 379Toy stocks began to resettle Wednesday after inexplicable intraday spikes sent Hasbro, Inc. (NASDAQ: HAS) up 6.3 percent and Mattel, Inc. (NASDAQ: MAT) up 16 percent Tuesday. Even JAKKS Pacific, Inc. (NASDAQ: JAKK) and Funko Inc (NASDAQ: FNKO) saw marginal pops, leaving analysts baffled. “We...
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What Toys R Us Store Closures Could Mean For Mattel, Hasbro
Thursday, December 21, 2017 - 2:09pm | 474Toy investors have plenty of reasons to be nervous about their investments, including a reduction in store footprints, mostly from Toys R Us closures. The Analyst UBS' Arpine Kocharyan. The Thesis Toy investors continue to face significant uncertainty as Toys R Us has consistently been an...
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Walmart's Crazy Christmas Plans
Wednesday, November 1, 2017 - 2:59pm | 364Wal-Mart Stores Inc (NYSE: WMT) is inviting everyone to one of its 20,000 parties at any of its 4,700 stores, Fortune reported. Walmart, looking to gain an advantage over its rival department stores during the holiday season, will host parties in its stores. The first party will take place on...
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Toys 'R' Us Bankruptcy: Christmas Comes Early For Walmart, Amazon
Wednesday, September 20, 2017 - 10:58am | 520Toys "R" Us didn’t want to grow up. But as it resisted, its peers grew bigger, stronger, smarter and more assertive. Now, the retailer is deteriorating, stunted by developmental delays while its matured contemporaries seize the sandbox. Ever-evolving Wal-Mart Stores Inc (NYSE: WMT)...
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Considering Implications For Hasbro And Mattel From The Toys 'R' Us Bankruptcy
Tuesday, September 19, 2017 - 2:53pm | 367Toys "R" Us officially filed for Chapter 11 bankruptcy reorganization in a move that shouldn't come as a surprise, as it has been speculated for a while that the retailer was struggling with its debt obligation. Under the new plan, Toys "R" Us has secured around $3 billion of debtor-in-possession...