AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
JAKKS PACIFIC INC. Malibu, California Toy Maker Still Upbeat Despite Stock Tumble.(THE NEW AMERICA)
Byline: KIRK SHINKLE
A recession-pinched holiday shopping season can be brutal on companies that make toys for a living.
Jakks Pacific Inc. recently found out. Though analysts consider the firm to be a small, nimble player against industry giants such as Hasbro Inc. and Mattel Inc., that didn't prevent a couple of them from downgrading its stock recently.
Banc of America Securities analyst William Gibson downgraded the stock on Dec. 6. Four days later, Morgan Keegan & Co. analyst Robert DeLean followed suit. Jakks' shares fell almost 30% over a two-day period on the news.
Even DeLean admits he was surprised by the plunge.
"We certainly did not expect the two-day …
-
- Jakks Pacific, Nickelodeon renew license.
-
News wire article from: Europe Intelligence Wire
October 20, 2006
700+ words
-
- Southern California Toy Company Moves Up List of U.S. Manufacturers.
-
News wire article from: Ventura County Star (Ventura, CA)
December 17, 2001
700+ words
-
- Ventura County Star, Calif., Business Briefs Column.
-
News wire article from: Ventura County Star (Ventura, CA)
November 28, 2001
700+ words
-
- Ventura County Star, Calif., Business Briefs.
-
News wire article from: Ventura County Star (Ventura, CA)
June 6, 2000
700+ words
-
- Warner Bros. Consumer Products.(Brief Article)
-
Newspaper article from: DSN Retailing Today
June 19, 2000
700+ words
