Here are the companies the Yahoo Finance team is watching today.
A big miss at Hasbro. The toymaker came up short on earnings, and revenue fell below expectations across all sectors. The company says it was still feeling the effects of the Toys 'R' Us closure and shifting consumer tastes.
It was a different story at Mattel. It reported a surprise beat thanks in part to growing sales of Barbie dolls and aggressive cost cutting. However, the picture wasn't entirely rosy. The closure of Toys ‘R’ Us hit Mattel too, with holiday sales down 5% from a year ago.
Google is saying so-long to Louisville. The tech giant is pulling Google Fiber from the city in April. It's been offered there since 2017. Google says it ran into problems bringing the fiber lines into some areas of Louisville. It will still be available in nearly a dozen other places, including Nashville, Austin and Kansas City.
Tesla is adding a new safety feature to its cars. Elon Musk said the feature, dubbed Sentry Mode, will allow Tesla owners to record 360 degree video of their car whenever an alarm is triggered or incident is detected. Musk announced on Twitter that Sentry Mode will roll out sometime next week.
Postmates has confidentially filed to go public. Bloomberg says the food delivery company, which was last valued at $1.85 billion, has chosen JPMorgan and Bank of America as its lead underwriters. Founded in 2011, the start-up has raised about $700 million in venture capital. The food delivery app is expected to join Lyft and Uber in going public this year.