NEW YORK, Oct 16 (Reuters) - Mattel Inc shares rose 2.1 percent in premarket trading on Friday after the toymaker reported a smaller-than-expected decline in quarterly revenue.
After posting results, Mattel's chief executive officer said he is hopeful the company is through the bottom of the down cycle in its entertainment-inspired toys business. For details see.
Shares last traded up 2.1 percent at $20.
(Editing by James Dalgleish) Keywords: MARKETS STOCKS BEFORETHEBELL (rodrigo.campos@thomsonreuters.com; Tel: +1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
After posting results, Mattel's chief executive officer said he is hopeful the company is through the bottom of the down cycle in its entertainment-inspired toys business. For details see.
Shares last traded up 2.1 percent at $20.
(Editing by James Dalgleish) Keywords: MARKETS STOCKS BEFORETHEBELL (rodrigo.campos@thomsonreuters.com; Tel: +1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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