Mattel expects about $55 million in cost savings

Article Abstract:

Mattel Inc. is expecting to see approximately $55 million (58.9 million euros) in cost savings. The savings are related to the company's recent restructuring.

MAT

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Toy makers feel pinch as rise in oil prices lifts cost of plastic

Article Abstract:

Investors are worried that the high price of oil will hurt the toy industry in China. The process of putting a new toy on the market can take one year, and a wholesale price must be committed to early on which may not be a true reflection of the price of costs, particularly petroleum. Smaller toy makers may expect a harder year.

China, Production management, Commodity & service prices, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Petroleum refining, Industry Overview, Prices and rates, Petroleum industry, Company financing, Company pricing policy, Industry forecasts

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Mattel's profit falls slightly on Barbie weakness

Article Abstract:

Mattel Inc. of the United States posted a net income decrease of 1.8 percent as sales of Barbie dolls and Hot Wheels toy cars slowed. The toy industry giant reported net income of $279.2 million and sales of $1.84 billion in the fourth quarter. Sales in the United States were down by three percent, while sales in international markets were up three percent.

Sales, profits & dividends, Company sales and earnings, Company earnings/profit, Company Profile

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