Mattel ( MAT) is trending as the toy company missed Wall Street's expectations for the fourth quarter holiday season. Mattel said net income for the quarter fell 17% to $306.5 million, or 87 cents a share, down from $370.6 million, or $1.07 a share, a year earlier. Excluding a charge, the company earned $1.12 a share, below analysts' estimates of $1.15 a share. Net sales rose 5% to $2.26 billion, below analysts' estimates of $2.29 billion. The company attributed weak demand for Barbie dolls and movie-themed dolls over the holidays to the lower-than-expected results. Sales of Barbie-related products fell 4% in the quarter, while sales in the company's entertainment business fell 13% on poor demand for "Cars 2" movie-themed products. Mattel raised its quarterly dividend to 36 cents a share, up from 31 cents in the previous year.
Grand Theft Auto V is another popular search. The hotly-anticipated follow-up to 2008's Grand Theft Auto IV video game will be released on Sept. 17. Rockstar Games, owned by Take-Two Interactive ( TTWO), said the game will be available on the Xbox 360 and PlayStation 3 this fall, several months later than the original launch time frame of spring 2013.