Mattel Inc (MAT) News & EventsMATMattel Inc

McKesson and CD&R Agree to Acquire Option Care Health for $32.05 per Share

Stocks advanced for a second day in a row amid a Treasury yield retreat, though oil prices flipped from lower to higher. The market's broader gains were bolstered by a number of chip names - including Marvell, Nvidia, and Broadcom - as traders take advantage of renewed optimism in artificial intelligence.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:McKessonand CD&R agreed to acquire Option Care Healthfor $32.05 per shareConstellation Energyand Googleannounced a long-term clean energy collaborationUberagreed to acquire ezCater in a $2.3B all-cash transactionParamount Skydancehas completed its takeover of Warner Bros. Discovery, with the combined entity now named SkydanceAMDintends to increase its chip supply in 2027 to meet growing demand, Reuters reports2. WALL STREET CALLS:Nikedowngraded to Sell at BerenbergCleveland-Cliffsupgraded to Overweight at Wells FargoVertivinitiated with a Sell at GLJ ResearchDeutsche Bank upgraded Penn Entertainmentand Boyd Gamingto BuyBarclays started Intelliaat Underweight on expected commercial headwinds3. AROUND THE WEB:McDonald'sambitious plan to revamp its restaurants and menu is getting pushback among U.S. franchisees facing costly upgrades, Bloomberg reportsSeagateand Toshiba are vying for TDK's magnetic-heads business for hard-disk drives, Bloomberg saysExxon Mobilis eyeing offshore projects off the coast of Trinidad and Tobago, FT reportsNvidiais edging closer to becoming the first company with a $6T market capitalization, Bloomberg reportsAriel Investments, which has a 5.4% stake in Mattel, said it believes the company's shares remain significantly undervalued with its current structure as a public company, WSJ says4. MOVERS:Xanadu Quantumgained in New York after entering a strategic multi-year partnership with GlobalFoundriesSecuritizeincreased after announcing a strategic partnership with LG CNS to advance the development of tokenized assets and digital asset infrastructure in South KoreaCortevawas higher after JPMorgan upgraded the stock to OverweightArriVentfell after announcing its Phase 3 firmonertinib trial did not meet its primary endpointSpyre Therapeuticswas lower after announcing a 4.12M share offering5. EARNINGS/GUIDANCE:RPMreported Q1 results and provided guidance for Q2 and FY27Apogee Enterprisesreported Q2 results and raised its outlook for FY27, with CEO Don Nolan noting results "exceeded our expectations"Zscalerbacked its outlook for Q1 and FY27Blaizeprovided guidance for Q3 and cut its outlook for FY26Lamb Westonreported Q1 results and increased its guidance for FY27, with CEO Mike Smith calling it a "solid start to the year"INDEXES:The Dow rose 253.38, or 0.49%, to 51,521.28, the Nasdaq gained 122.48, or 0.45%, to 27,599.79, and the S&P 500 advanced 44.98, or 0.58%, to 7,818.93.

Major Averages Rise for Second Day Amid Treasury Yield Retreat

The major averages were higher for a second day in a row amid a Treasury yield retreat and a nearly 2% decline in oil prices. The market's broader gains were bolstered by a number of chip names - including Marvell, Nvidia, and Broadcom - as traders take advantage of renewed optimism in artificial intelligence.The bond market remains the biggest source of tension beneath the equity rally. The 10-year Treasury yield was trading around 5.26% after touching 5.35% Monday, its highest level since 2002, while the 30-year yield briefly reached 5.70%.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:McKessonand CD&R agreed to acquire Option Care Healthfor $32.05 per shareConstellation Energyand Googleannounced a long-term clean energy collaborationUberagreed to acquire ezCater in a $2.3B all-cash transactionParamount Skydancehas completed its takeover of Warner Bros. Discovery, with the combined entity now named SkydanceAMDintends to increase its chip supply in 2027 to meet growing demand, Reuters reports2. WALL STREET CALLS:Nikedowngraded to Sell at BerenbergCleveland-Cliffsupgraded to Overweight at Wells FargoVertivinitiated with a Sell at GLJ ResearchDeutsche Bank upgraded Penn Entertainmentand Boyd Gamingto BuyBarclays started Intelliaat Underweight on expected commercial headwinds3. AROUND THE WEB:McDonald'shas been sued in Chicago's federal court in a proposed nationwide class action, with the suit alleging the company is illegally coordinating menu prices across its franchises through an AI-powered pricing system, Reuters reportsNvidiais edging closer to becoming the first company with a $6T market capitalization, Bloomberg reportsAriel Investments, which has a 5.4% stake in Mattel, said it believes the company's shares remain significantly undervalued with its current structure as a public company, WSJ saysAI is unlikely to replace core enterprise applications like Workday, but AI agents are increasingly performing tasks within those applications, The Information saysDisneyis escalating its dispute with the FCC into federal court, seeking to block the agency's unusually early review of licenses for its eight ABC-owned stations, NY Times reports4. MOVERS:Xanadu Quantumgains in New York after entering a strategic multi-year partnership with GlobalFoundriesSecuritizeincreases after announcing a strategic partnership with LG CNS to advance the development of tokenized assets and digital asset infrastructure in South KoreaCortevahigher after JPMorgan upgraded the stock to OverweightArriVentfalls after announcing its Phase 3 firmonertinib trial did not meet its primary endpointSpyre Therapeuticslower after announcing a 4.12M share offering5. EARNINGS/GUIDANCE:RPMreported Q1 results and provided guidance for Q2 and FY27Apogee Enterprisesreported Q2 results and raised its outlook for FY27, with CEO Don Nolan noting results "exceeded our expectations"Zscalerbacked its outlook for Q1 and FY27Blaizeprovided guidance for Q3 and cut its outlook for FY26Lamb Westonreported Q1 results and increased its guidance for FY27, with CEO Mike Smith calling it a "solid start to the year"INDEXES:Near midday, the Dow was up 338.28, or 0.66%, to 51,606.18, the Nasdaq was up 229.35, or 0.83%, to 27,706.66, and the S&P 500 was up 66.84, or 0.86%, to 7,840.79.

Paramount and Warner Bros. to Announce Skydance CEO Leadership Team

Paramount Skydance (PSKY) Chairman and CEO David Ellison and Co-CEO Ynon Kreiz announced their CEO Leadership Team expected to lead the combined company, to be named Skydance, following the anticipated close of Paramount's acquisition of Warner Bros. Discovery (WBD). Drawing on deep expertise across entertainment, technology, and business operations, the CLT brings together leaders from both companies and reflects their complementary strengths. Each will report directly to the CEOs. The CLT, led by Ellison and Kreiz, is designed to drive transformation and growth, deepen collaboration across the business, and ensure the combined company is positioned to execute on its mission. Ellison will focus on the company's long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation. Kreiz will focus on the company's day-to-day management and integration of the combined business. Andy Gordon, President of Skydance, will work closely with both to advance the company's strategic priorities across its businesses. All three will also serve on the Board of Directors, with Ellison as Chairman. The following is the expected full CLT who will report to Ellison and Kreiz, assuming completion of the Transaction: Enterprise Leadership: David Ellison, Chairman and Chief Executive Officer; Ynon Kreiz, Co-Chief Executive Officer. CEO Corporate Leadership Team: Andy Gordon, President; Dennis Cinelli, Chief Financial Officer; Makan Delrahim, Chief Legal Officer and President, Global Corporate Affairs; Dane Glasgow, Chief Product Officer; Rebecca Mall, Chief Marketing Officer; Melissa Zukerman, Chief Communications Officer; CEO Business Leadership Team: Casey Bloys, Co-Chair and Chief Content Officer, Skydance DTC; George Cheeks, Co-Chair and Chief Content Officer, Skydance TV; Dana Goldberg, Co-Chair, Skydance Motion Picture Group; Josh Greenstein, Co-Chair, Skydance Motion Picture Group; James Gunn, Co-Chairman of DC Studios; JB Perrette, Co-Chair & Chief Business Officer, Skydance TV and Co-Chair & Chief Business Officer, Skydance DTC; Peter Safran, Co-Chairman of DC Studios. CEO News Executive Leadership Team: Mark Thompson, Chairman and Editor-in-Chief of CNN Worldwide; Bari Weiss, Editor-in-Chief of CBS News.