TOYS

Wall St bankers, publicly modest, eye fancy toys

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Wall Street executives may face smaller bonuses and a public that still eyes them with suspicion, but that isn't stopping them from rediscovering their love of luxury cars, oceanfront homes and private jets.
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Hasbro quarterly revenue falls short

Hasbro Inc on Monday posted a sharper-than-expected quarterly sales decline from a year ago when it benefited from merchandising tie-ins to Hollywood blockbusters like G.I. Joe.
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Mattel misses on weak cost-cutting, euro; stock down

Mattel Inc reported a smaller-than-expected quarterly profit as lackluster cost-cutting and a weakening euro offset strong Hot Wheels sales and the boost the company got from merchandise tied to the blockbuster film Toy Story 3.
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Mattel quarterly profit misses on currency changes

Mattel Inc reported a smaller-than-expected second-quarter profit as the impact of the weaker euro offset strong Hot Wheels and Barbie sales and the boost the No. 1 toymaker got from its license for the Hollywood blockbuster Toy Story 3.
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Hasbro posts better-than-expected profit

Hasbro Inc reported a larger-than-expected quarterly profit, helped by strong demand for action figures for boys and double-digit sales gains in its girls' brands like Littlest Pet Shop and Strawberry Shortcake.
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Mattel surprises with quarterly profit

No. 1 toy company Mattel Inc surprised Wall Street with a quarterly profit on strong demand for its classic brands and newer product lines, in yet another sign of a revival in consumer demand.
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Target fined over lead paint in toys

The U.S. Consumer Product Safety Commission has fined discount retailer Target Corp (TGT.N) $600,000 for allegedly violating a federal lead paint ban on toys.
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Gold toys with $1,000, eyes U.S. jobs report

Gold steadied near $990 an ounce on Friday, consolidating a potent two-day rally that took the market to within a whisker of $1,000, with inflation concerns and jitters over stock market gains stoking investor interest.
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Gold toys with $1,000 mark, eyes U.S. jobs report

Gold steadied below $990 an ounce on Friday, consolidating a potent two-day rally that took the market to within a whisker of $1,000, with inflation concerns and jitters over stock market gains stoking investor interest.
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China lists substandard Wal-Mart, Carrefour goods

China has published a blacklist of substandard toy jugs and children's shoes sold at Wal-Mart stores and drawing pens from French retailer Carrefour in a quality sweep on children's goods sold at Beijing supermarkets.
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Focus of toy recalls misdirected at China: survey

While China may be getting most of the attention -- and the blame -- for a rash of recent toy recalls, the majority of problematic toys in fact come from other countries, according to a new Canadian study. If found toys made in countries other than China had a higher rate of recalls.
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Six in 10 U.S. consumers see recession: survey

Six in 10 U.S. consumers say a recession is likely in the next three to six months, a new survey on holiday spending said on Wednesday. A telephone survey found 45.7 percent of 1,000 respondents say a recession is somewhat likely, 14.3 percent said very likely and Forty percent said a recession was not likely
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Mattel posts lower profit on recall charges

Mattel Inc, the world's largest toy company, posted a lower quarterly profit on Monday, missing Wall Street estimates, on charges stemming from its recent global recalls of potentially harmful toys.
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China seizes on Mattel apology to emphasize safety

China highlighted Mattel's apology over its recall of huge numbers of toys on Monday to press its claim that Chinese exports are generally safe and foreign politicians and media have unfairly hyped quality scares.
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Mattel apologizes to China for toy recalls

The world's largest toy maker, Mattel Inc, apologized on Friday for damaging China's reputation after recent massive recalls of its Chinese-made toys, admitting it targeted some goods that were actually up to scratch.
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Recalled Mattel toys topped U.S. legal lead limits

Toymaker Mattel Inc's recent recalls involved toys that had nearly 200 times the amount of lead in paint as allowed by U.S. law, the company said in a letter released to a congressional subcommittee on Tuesday.
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U.S.-China end safety talks

China will work with the United States to ensure the safety of exported toys and other goods, a top Chinese official said, but Beijing still insists it is not solely to blame in recent safety scandals.

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