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Mattel Under Pressure After Disappointing Earnings Reports

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    FBN’s Robert Gray with an afternoon market update, plus news that Mattel is under pressure following the company’s disappointing earnings reports.

  • Duration 0:58
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I'm Robert -- -- -- Fox Business -- concerns over the housing market and fresh concerns over European data boosting demand for treasuries today.

As prices rise the yields are all it.

The national association of homebuilders index showing confidence is declining marking the first retreat since September.

This morning first quarter results are taking its hold on Mattel today when makers profit and sales both fell short of Wall Street's expectations.

But -- worldwide sales of its.

Barbie dolls fell 6% compared to a year ago.

And dismal first quarter earnings also weighing on shares of newspaper publisher -- Earnings down -- -- quarter due in part to restructuring costs and -- drop in advertising revenue.

And revenue for broadcast unit did get a nice boost from higher Super Bowl last.

That is latest from the Fox Business Network -- you them power to --