Finance Forex

Mattel Sees Worst Day in Nearly 20 Years on Disappointing Outlook

Just days after reporting better-than-expected results, Mattel Inc. (MAT) offered a dour forecast for 2019, sending shares into their worst tailspin in nearly 20 years Friday. During a presentation to analysts Friday, the company projected flat gross sales and adjusted EBITDA of $350-$400 million for the year. Analysts surveyed by FactSet had been expecting the company to […]

Finance Forex

Bezos and the National Enquirer, China Trade, Mattel – 5 Things You Must Know

Here are five things you must know for Friday, Feb. 8: 1. — Stocks Retreat Amid Signs of Little Progress in U.S.-China Trade Deal  U.S. stock futures declined on Friday, Feb. 8, and global stocks retreated for a third consecutive session as investors increasingly grew concerned that Donald Trump’s decision not to meet with Chinese President Xi […]