Stocks to Watch: Citigroup, Mattel (Update 1)
NEW YORK -- Citigroup
Mattel posted profit of $7.8 million, or 2 cents a share, down from year-earlier earnings of $16.6 million, or 5 cents. Adjusted earnings in the latest quarter were 6 cents a share.
Revenue fell 3% to $928.4 million.
Analysts expected Mattel to post quarterly earnings of 7 cents a share on revenue of $990.9 million.
The Federal Communications Commission has proposed fining Google
Oracle claims that Google's Android operating system infringes patents and copyrights associated with the Java programming language, which Oracle obtained through its purchase of Sun Microsystems.
-- Written by Joseph Woelfel
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