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Business News
Weak Barbie sales weigh on Mattel 1Q
EL SEGUNDO, Calif. (AP) -- Toy maker Mattel says weak sales of Barbie and markdowns to clear out excess inventory left over from a sluggish holiday season led to an unexpected first-quarter loss....
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UnitedHealth's 1Q profit tumbles 8 percent
UnitedHealth Group says its first-quarter net income slid 8 percent as fees and funding cuts from the health care overhaul helped dent the performance of the nation's largest health insurer....
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Heavy winter storms weigh on DuPont during 1Q
DOVER, Del. (AP) -- DuPont says that lost sales and increased operating costs from adverse weather conditions dragged on first-quarter earnings....
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Britain's Co-op posts loss in 'disastrous' year
LONDON (AP) -- Britain's Co-operative Group has posted a 2.5 billion-pound ($3.04 billion) loss for last year, which its chief executive called "disastrous" for the mutual society....
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Man to plead guilty in Disney insider info case
LOS ANGELES (AP) -- A man will plead guilty to securities fraud and pay regulators around $801,000 for using insider information to profit from Disney's $4 billion acquisition of Marvel Entertainment in 2009....
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