Leisure Products

Adobe Inc. (NASDAQ: ADBE) launched a new generative AI offering in Adobe Summit EMEA 2023, which brings Adobe Firefly and Adobe Express to big companies worldwide, with PI indemnity. Firefly for Enterprise will cater to the surging demand for digital content at scale and help...

Mattel Inc (NASDAQ: MAT) and Gap Inc (NYSE: GPS) are forming a new apparel collaboration. The first of many upcoming Gap x Mattel product drops will be the Gap x Barbie collection. The collection will offer tees, skirts, logo hoodies, denim, button-downs and accessories as well...

U.S. stock futures traded slightly lower this morning. Here are some big stocks recording losses in today’s pre-market trading session. Luminar Technologies, Inc. (NASDAQ: LAZR) shares dropped 6.9% to $7.20 in pre-market trading. Goldman Sachs downgraded Luminar Technologies from Neutral to...

Gainers Hempacco Co., Inc. (NASDAQ: HPCO) rose 296% to $2.99 after declining 6% on Wednesday. Cardiovascular Systems, Inc. (NASDAQ: CSII) shares jumped 48.6% to $19.78 following Q2 results. Abbott Laboratories agreed to acquire Cardiovascular Systems for $20 per share for an equity value of...

Mattel Inc (NASDAQ: MAT) reported a fourth-quarter FY22 sales decline of 22% year-on-year to $1.40 billion, missing the consensus of $1.68 billion. North America segment sales declined 26% Y/Y, and International sales fell 18%. Worldwide Gross Billings for Dolls fell 27% as reported...

A U.S. appeals court revived a suit charging Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and other companies of violating the privacy of children below 13 years. Google and other companies allegedly tracked the children's YouTube activity without parental...

DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc (NASDAQ: MAT) but lowered the price target from $45 to $31. Mattel slightly missed the consensus 3Q22 sales estimate but beat the Street's operating profit by 2%, said the analyst....

Mattel Inc (NASDAQ: MAT) reported a third-quarter FY22 sales decline of 0.4% year-on-year to $1.76 billion, missing the consensus of $1.79 billion. North America segment sales declined 3% Y/Y, and International sales grew 5%. Worldwide Gross Billings for Dolls decreased 3% Y/Y,...

Benzinga Tesla Slashes China EV Prices By 5% To Push Up Volume, Base Model Y Now Eligible For Subsidies — But There's A Flip Side Tesla Inc (NASDAQ: TSLA) is cutting prices for its Giga Shanghai-made cars by about 5%, reversing the price hikes announced earlier this year. Made-in-...

The Securities and Exchange Commission said Mattel Inc (NASDAQ: MAT) has agreed to pay $3.5 million to settle charges relating to misstatements in its third and fourth-quarter 2017 financial statements. According to the SEC’s order, the toymaker understated the tax-...

Mattel Inc (NASDAQ: MAT) has introduced Bruno, the first autistic character in the Thomas & Friends franchise. Bruno is a joyful, pun-making brake car. Mattel Television developed Bruno in collaboration with the Autistic Self Advocacy Network (ASAN) and Easterseals Southern...

D.A. Davidson analyst Linda Bolton Weiser reiterated the Buy rating on the shares of Mattel Inc (NASDAQ: MAT) with a price target of $45.00. The analyst said the more muted 2022 outlook for Barbie is due entirely to Dream House softness due to its high price point and...

Mattel Inc (NASDAQ: MAT), along with media company Skydance, plans to develop Matchbox, its real-world die-cast toy vehicle line, into a live-action motion picture. The Matchbox brand was invented in 1953 by automotive expert and enthusiast Jack Odell. For Mattel Films, the project will...

Goldman Sachs analyst Michael Ng upgraded Mattel Inc (NASDAQ: MAT) to Buy from Neutral with a price target of $31, up from $30, implying a 36.2% upside. The analyst said Mattel stood out against the macroeconomic volatility by good demand for its television and film...

Mattel Inc (NASDAQ: MAT) has expanded its Mattel PlayBack program to include Fisher-Price toys. Fisher-Price will join Barbie, MEGA, and Matchbox brands in the toy takeback program. The program is designed to recover and reuse materials from old Mattel toys in future Mattel products...