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Mattel Shares Slump After BMO Capital Downgrade

Shares in Mattel Inc. fell 3% in premarket action Monday after BMO Capital downgraded the toy maker to underperform from market perform. BMO pointed to concerns about particular Mattel brands. It cited cyclical declines for Barbie and Hot Wheels, disappointment with Max Steel and Ever After High and deteriorating sales for Monster High, according to a report from © 2014 MarketWatch, Inc....

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