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Reuters - 2 maanden geleden

Gap surges as apparel maker's turnaround strategy pays off

UPDATE 3-Gap surges as apparel maker's turnaround strategy pays off Adds share milestones in paragraph 2 and adds analyst comment in paragraph 8 By Granth Vanaik May 31 (Reuters) - Shares of Gap GPS.N soared about 28% on Friday after the apparel retailer l ifted its full-year sales target, indicating that its effort to revitalize the business b y bringi ng in newer styles is s tarting to bear fruit .
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Reuters - 2 maanden geleden

Gap surges as apparel maker's turnaround strategy starts to pay off

Gap surges as apparel maker's turnaround strategy starts to pay off May 31 (Reuters) - Shares of Gap GPS.N climbed nearly 25% at $28.04 in premarket trading on Friday after the apparel retailer raised its full-year sales forecast in fresh signs that its turnaround strategy to bring in newer styles is starting to work. The stock has risen nearly 8% this year, building on the 85% surge it saw in 2023 when it brought in former Mattel MAT.O executive Richard Dickson as its new executive chief to rev
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Reuters - 2 maanden geleden

IN CASE YOU MISSED IT–Schedule of Reuters features from this week

IN CASE YOU MISSED IT–Schedule of Reuters features from this week May 23 - Every week, Reuters journalists produce scores of multimedia features and human-interest stories from around the world. Below are some stories from this week selected by our editors, as well as explanatory context and background to help you understand world headlines. For a full schedule of news and events, please go to our editorial calendar on Reuters Connect .
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Reuters - 2 maanden geleden

Venus Williams among sporting figures to get own Barbie doll

Venus Williams among sporting figures to get own Barbie doll LONDON, May 22 (Reuters) - Seven-times Grand Slam champion Venus Williams and Australian soccer player Mary Fowler are among nine athletes to get a Barbie doll in their likeness as toy maker Mattel seeks to shine a light on women sports role models ahead of the Paris Olympics. Mattel unveiled the dolls on Wednesday, each with their bespoke accessories.
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Reuters - 3 maanden geleden

U.S. stocks weekly: Tech support

RPT-BUZZ-U.S. stocks weekly: Tech support Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX snaps 3-week losing streak, rises 2.7% as megacap tech stocks rally .N ** Indeed, did this week suggest it was time for a turn? ** Nasdaq .IXIC entered the week due for relief, and potentially getting closer to washed out , surges >4%, posts biggest weekly gain since early Nov ** But for the SPX, it's still a tale of two moving averages ** Every sector gains as Technology, Consume
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Reuters - 3 maanden geleden

U.S. stocks weekly: Tech support

BUZZ-U.S. stocks weekly: Tech support ** S&P 500 .SPX snaps 3-week losing streak, rises 2.7% as megacap tech stocks rally .N ** Indeed, did this week suggest it was time for a turn? ** Nasdaq .IXIC entered the week due for relief, and potentially getting closer to washed out , surges >4%, posts biggest weekly gain since early Nov ** But for the SPX, it's still a tale of two moving averages ** Every sector gains as Technology, Consumer Discretionary and Communication Services provide largest boos
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Reuters - 3 maanden geleden

Mattel To Bring Three Channels To Samsung TV Plus

BRIEF-Mattel To Bring Three Channels To Samsung TV Plus April 25 (Reuters) - Mattel Inc MAT.O : MATTEL INC - TO BRING THREE CHANNELS TO SAMSUNG TV PLUS MATTEL INC - PARTNERED WITH SAMSUNG TO DELIVER ITS FIRST THREE 24/7 FAST CHANNELS ON SAMSUNG TV PLUS, SAMSUNG'S FREE TV STREAMING SERVICE Source text for Eikon: ID:nBwNmHZVa Further company coverage
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Reuters - 3 maanden geleden

Goldman: Commodity prices, while high, won't derail the global economy

LIVE MARKETS-Goldman: Commodity prices, while high, won't derail the global economy Wall Street's main indexes red, Nasdaq falls least, down 0.06% Cons staples leads S&P sector gainers; Industrials falls most Euro STOXX 600 index falls ~0.4% Dollar, gold rise; crude and bitcoin fall U.S. 10-Year Treasury yield rises to ~4.65% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 3 maanden geleden

BlackRock and Fidelity bitcoin ETFs among most popular in Q1

LIVE MARKETS-BlackRock and Fidelity bitcoin ETFs among most popular in Q1 Nasdaq barely up, S&P and Dow slip Cons disc leads S&P sector gainers; Industrials falls most Euro STOXX 600 index falls ~0.5% Dollar, gold rise; crude and bitcoin fall U.S. 10-Year Treasury yield rises to ~4.65% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 3 maanden geleden

Wednesday data gives good yawn: Durable goods, mortgages

LIVE MARKETS-Wednesday data gives good yawn: Durable goods, mortgages Nasdaq up ~0.1%, S&P and Dow slip Cons disc leads S&P sector gainers; Industrials falls most Euro STOXX 600 index off ~0.5% Dollar, gold rise; crude, bitcoin down U.S. 10-Year Treasury yield rises to ~4.65% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 3 maanden geleden

Wall Street gains with economic data and earnings in focus

LIVE MARKETS-Wall Street gains with economic data and earnings in focus Nasdaq up ~0.5%, S&P edges green, Dow slips Cons disc leads S&P sector gainers; Industrials falls most Euro STOXX 600 index off ~0.2% Dollar edges up; gold ~flat; crude, bitcoin down U.S. 10-Year Treasury yield rises to ~4.66% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 3 maanden geleden

Hasbro surges on quarterly profit beat

BUZZ-Hasbro surges on quarterly profit beat Updates ** Shares of toymaker Hasbro HAS.O up 14% at $66.24 ** Stock set for fifth straight session of gains if current levels hold ** Company reports smaller-than-expected drop in Q1 sales and tops profit estimates, aided by leaner inventories and steady digital gaming revenue that helped offset impact of waning demand for toys ** Logs adj.
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Reuters - 3 maanden geleden

Mattel gains after brokerages raise PT on smaller-than-expected loss

BUZZ-Mattel gains after brokerages raise PT on smaller-than-expected loss ** Toymaker Mattel's MAT.O shares rise 2.7% to $19.25 premarket ** Company reported smaller-than-expected Q1 loss on Tuesday, benefiting from stringent cost management amid lukewarm demand for its toys ** Citigroup lifts PT on company's shares to $26 from $25, while D.A. Davi
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Reuters - 3 maanden geleden

Play-Doh maker Hasbro rises on quarterly profit beat

BUZZ-Play-Doh maker Hasbro rises on quarterly profit beat ** Shares of toymaker Hasbro HAS.O up 5% at $61 premarket ** Company reports smaller-than-expected drop in Q1 sales and tops profit estimates, aided by leaner inventories and steady digital gaming revenue that helped offset impact of waning demand for toys ** Logs adj. profit of 61 cents per share compared with est.
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Reuters - 3 maanden geleden

Toymaker Hasbro's turnaround efforts help first-quarter profit beat

UPDATE 5-Toymaker Hasbro's turnaround efforts help first-quarter profit beat Q1 profit beat, cost controls boost margin Expect Consumer Products revenue to return to growth in Q4 - CFO Shares of Hasbro up 12% in early trading, Mattel up 5% Adds Mattel shares in paragraph 14 By Savyata Mishra April 24 (Reuters) - Hasbro HAS.O reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, helped by leaner inventories and steady digital gaming revenue,
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Reuters - 3 maanden geleden

Toymaker Hasbro posts quarterly profit beat, slower sales decline

Toymaker Hasbro posts quarterly profit beat, slower sales decline April 24 (Reuters) - Hasbro HAS.O reported a smaller-than-expected drop in first-quarter sales and handily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary spending and tight inventory planning by mass retailers like Walmart and Targe
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Reuters - 3 maanden geleden

U.S. Airbnb, American Express, Mattel

U.S. RESEARCH ROUNDUP-Airbnb, American Express, Mattel April 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.listed companies, including Airbnb, American Express Co and Mattel, on Wednesday. HIGHLIGHTS * Airbnb Inc ABNB.O : Mizuho raises to buy from neutral * American Express Co AXP.N : Evercore ISI raises target price to $255 from $243 * Fiserv Inc FI.N : RBC raises target price to $180 from $158 * Globe Life Inc GL.N : KBW raises to outperf
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Reuters - 3 maanden geleden

Mattel Inc reports results for the quarter ended in March - Earnings Summary

Mattel Inc reports results for the quarter ended in March - Earnings Summary Mattel Inc MAT.OQ reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of thirteen analysts for the quarter was for a loss of 12 cents per share.
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Reuters - 3 maanden geleden

Mattel up after smaller-than-expected quarterly loss

BUZZ-Mattel up after smaller-than-expected quarterly loss ** Barbie maker Mattel's MAT.O shares rise 4% to $19.50 in extended trading ** Reports a smaller-than-expected loss of for Q1 ** MAT posts adj loss of 5 cents/shr, vs estimates of 12 cents/shr - LSEG data ** Company's Q1 sales of $809.5 mln misses estimates of $831.8 mln ** Reaffirms its ful
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Reuters - 3 maanden geleden

Mattel's quarterly loss smaller than expected as cost cuts pay off

UPDATE 3-Mattel's quarterly loss smaller than expected as cost cuts pay off Reaffirms full-year sales and profit forecasts CEO says "off to a good start for the year" Posts Q1 adj loss of 5 cents/shr vs est. of 12 cents/shr Reports Q1 sales of $809.5 mln vs est. of $831.8 mln Adds details from earnings call in paragraph 6, analyst comment in paragraph 12; updates shares By Granth Vanaik April 23 (Reuters) - Mattel MAT.O posted a smaller-than-expected loss for the first quarter on Tuesday, helped
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