July 2001
Hasbro Posts a Loss As Revenues Drop (Reuters)
Posted Tuesday, July 24, 2001
Hasbro Inc. on Monday posted a second-quarter loss, slightly narrower than the Wall Street consensus estimate, as the No. 2 U.S. toy maker's revenues fell on slower Pokemon sales and the sale of its Hasbro Interactive.
Read the story
Mattel Reports $4.9 Million Loss (Associated Press)
Posted Tuesday, July 24, 2001
Mattel Inc., the world's No. 1 toy maker, reported losses of $4.9 million for the second quarter because of certain one-time charges.
Read the story
JAKKS Pacific earnings rise 11 percent (Reuters Securities)
Posted Tuesday, July 24, 2001
JAKKS Pacific Inc., which makes World Wrestling Federation action figures, said Thursday that second-quarter net income rose 11 percent on strong sales.
Read the story
Takara plans 2-for-1 share split (Reuters Securities)
Posted Tuesday, July 17, 2001
Takara Co Ltd, Japan's third-largest toy maker, said on Tuesday it planned a two-for-one share split on November 20 for shareholders registered as of September 30, sending its share price soaring in afternoon trade.
Read the story
Toys R Us Issues Earnings Warning (Associated Press)
Posted Tuesday, July 17, 2001
Shares of Toys R Us Inc. plummeted as much as 11 percent on the New York Stock Exchange Friday after the giant toy retailer warned that its second-quarter loss will be larger than expected.
Read the story
Toymax Reports Fiscal Year Results and Strategic Initiatives (Business Wire)
Posted Tuesday, July 17, 2001
TOYMAX INTERNATIONAL, INC., today reported financial results for the fourth quarter and fiscal year ended March 31, 2001.
Read the story
Janex International, Inc. Enters Into A Letter of Intent to Acquire 60% of Joy Berry Books
Posted Tuesday, July 17, 2001
Janex International, Inc. designer, manufacturer, and distributor of unique products for kids announced today that it has signed a Letter of Intent to acquire 60% ownership of Joy Berry Books, a company specializing in kids' self-help print and electronic books authored by Joy Berry.
Read the story
Zany Brainy to be Sold (Associated Press)
Posted Thursday, July 12, 2001
Zany Brainy, the upscale toy retailer with 187 stores around the nation, has agreed to be sold for $115 million to Waterton Management, a Los Angeles investment firm, if a federal bankruptcy court approves.
Read the story
Action Products International Inc. Names Robert Burrows as Chief Financial Officer
Posted Thursday, July 12, 2001
Action Products International Inc., a leading educational toy and publishing company, has named Mr. Robert L. Burrows as its Chief Financial Officer.
Read the story
DSI Toys Recalls Toy Kittens (Associated Press)
Posted Thursday, July 12, 2001
DSI Toys is recalling about 238,000 stuffed toy kittens because they contain contaminated water that could make children sick.
Read the story
Imperial Toy Corp. Recalling Feeding Set (Associated Press)
Posted Thursday, July 12, 2001
Imperial Toy Corp. is recalling about 100,000 toy feeding sets because the nipple on a toy baby bottle can come off, posing a choking hazard to small children.
Read the story
Jim Morrison to Be Action Figure (Rolling Stone)
Posted Thursday, July 5, 2001
Doors frontman Jim Morrison will return to life . . . in plastic, joining the Beatles, Kiss, Metallica and Alice Cooper among numerous other rock & roll acts who have previously been cast as six-inch action figures by producer/director/artist Todd McFarlane and his company McFarlane Toys.
Read the story
Chicco USA Recalling Toy Ball Sets (Associated Press)
Posted Thursday, July 5, 2001
Chicco USA is recalling about 6,000 plastic ball sets because children can get the toys stuck on their faces and risk suffocation, the Consumer Product Safety Commission said Monday.
Read the story
KB Toys Names Frederick L. Hurley To Vice President (PR Newswire)
Posted Thursday, July 5, 2001
Tom Alfonsi, KB Toys Senior Vice President, Merchandising, announced today the appointment of Frederick L. Hurley to Vice President, Divisional Merchandise Manager.
Read the story
