Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc. Mattel’s fourth-quarter earnings release Friday drilled down into the details of a weak performance that led to the resignation of its chairman and CEO.
Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc. Mattel’s fourth-quarter earnings release Friday drilled down into the details of a weak performance that led to the resignation of its chairman and CEO.
The stock market is heading lower in midday trading as investors sift through mixed economic and corporate news.
Drugmaker Abbvie posted better-than-expected adjusted results for the fourth quarter on Friday because of double-digit growth of its blockbuster anti-inflammatory drug Humira.
German automaker BMW says it has fixed a security flaw that made 2.2 million of its vehicles vulnerable to break-ins.
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