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Major Movers on July 17; MAT, YHOO, URI, STJ, ZAGG

Shares of Mattel Inc. (NASDAQ: MAT) plunged about 7.20% by afternoon trade. The toymakers said that net income fell 24% for the fiscal second quarter. The bottom line felt the pressure due to flagging sales of Barbie line of products and a write-down of $14 million, linked to Polly Pocket line of products.

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July 17th, 2013 | Tags: , , , , | Category: Large Cap Growth Stocks | Leave a comment

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