*Extra* At Mattel, the Other Shoe Finally Drops
About a month ago Mattel disclosed earnings trouble related to its The Learning Company subsidiary. A few weeks later it said everything was OK. Then, on Wednesday, it announced that the two guys who ran TLC, Michael Perik and Kevin O'Leary, had 'left.' Left! Nothing more, nothing less. What really happened? A company spokesman was mum, but this much is certain: It's generally never a good sign when top execs abruptly leave after bad news with no explanation. Suggests some skeletons popped out of some closet.
Or maybe a bunch of unsold software that nobody ever knew existed?
Expect this to be just the start of yet another chapter in this saga.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV