Mattel, Inc. (MAT) Misses Q2 EPS by 10c

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Needham & Company Downgrades Mattel Inc. (MAT) to Hold Amid Weak Quarter

July 18, 2014 6:22 AM EDT

Needham & Company downgraded Mattel Inc. (NASDAQ: MAT) from Buy to Hold.

Analyst Sean McGowan said, "Mattel reported a disappointing quarter that missed on nearly every operating metric and showed further deterioration in fashion dolls, notably in Monster High. Expectations were low heading... More