toy story 3

Barbie Maker Mattel's Profit Doubles to $51.6M

Toymaker Mattel Inc (MAT) said that profit for the second quarter more than doubled from a year ago. Net income for the quarter was $51.6 million or 14 cents a share, compared with $21.5 million, or 6 cents a share, in the second quarter of 2009. Net sales rose 13% from a year earlier to $1.02 billion, the company said in a statement. Operating income for the quarter was $69.4 million, from $32.5 million in the second quarter of 2009.

'Toy Story 3' Rockets to No. 1 in Its Opening Weekend

Toy Story 3, made by Pixar, the digital animation company Steve Jobs co-founded and later sold to Walt Disney, is off to a blazing start at the box office, pulling in $41 million in its first day on Friday and a likely $100 million-plus for the weekend.