Week in Preview: Coca-Cola, Disney, Hasbro Earnings

It should be pretty quiet on the economic calendar this week, with only a few national reports due out. But iconic companies Walt Disney, Coca-Cola and Hasbro, among others, are scheduled to report quarterly results.
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Mattel Posts Third Quarter Earnings of 77 Cents Per Share

Toy company Mattel Inc (MAT) reported third quarter earnings of 77 cents per share, up from 63 cents per share a year earlier.

Net sales rose 2% to $1.83 billion, including unfavorable changes in currency exchange rates, the company said in a statement. Gross sales rose 3% in the U.S. and 2% in international markets.

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“We continue to be pleased with the performance of the business,”…

Continue reading Mattel Posts Third Quarter Earnings of 77 Cents Per Share

Mattel Posts Third Quarter Earnings of 77 Cents Per Share originally appeared on DailyFinance on Fri, 15 Oct 2010 06:56:00.

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Fisher-Price Recalls More than 10 Million Toys

Mattel’s Fisher-Price, a dominant brand for the under-5 set, announced an unprecedented four recalls today — totaling more than 11 million toys and children’s products sold since the 1990s — following a variety of injuries, m…