Mattel 1st Quarter Earnings Fall, Barbie Slumps

Its been a hard year for Mattel and Barbie, with costs for producing and shipping Barbie dolls rising, toy outlets closing, and with the Barbie play line caught in the middle of a revamp of the Barbie philosophy and product. So, Mattel's 1st quarter earnings have fallen, although Chief Executive Robert Eckert predicts better days ahead. For the full story, see Mattel 1st Quarter Earnings Fall, Barbie Slumps from Reuters.