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Stock Market & Financial Investment News

News Breaks
February 28, 2014
10:18 EDTMATMattel paid fair price for MEGA Brands, says Wells Fargo
Wells Fargo views the price that Mattel paid to acquire MEGA Brands as fair and sees the purchase as a good longer-term opportunity in the construction category, where Mattel effectively doesn't participate yet. However, Wells does not think the purchase addresses the challenges in Mattel's Fisher-Price and Barbie brands and that dilution from the deal will likely keep Mattel shares range-bound near its recent mid-$30 price. The firm maintains its Market Perform rating on Mattel.
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August 24, 2014
18:25 EDTMATHasbro shares could return 20% in a year, Barron's says
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