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    Struggling Mattel warns of slumping holiday sales as debt ratings are cut

    by James F. Peltz, Los Angeles Times Dec 11, 2017 1 minute

    Mattel Inc.'s struggles deepened Monday as the toymaker warned of slumping holiday sales as its debt was downgraded by the major credit-rating firms.

    Mattel said in a securities filing that its fourth-quarter sales would be "negatively impacted" because of

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