Kenner bets action figures will be big toy hit in 89
Kenner Products Co of Cincinnati bets action figures will dominate 1989 toy lines. New offerings include Police Academy, Robocop, Mega Force and six additional lines plus updates to Starting Lineup, Fashionstar Fillies and Play-Doh lines.
MENTIONED IN THIS ARTICLE
Kenner
Cincinnati
Ghostbusters
Mask Toys
Kenner Products Co
Tonka Corp
Police Academy
Robocop
Mega Force
New York City
David Mauer
David S. Leibowitz
American Securities Corp
Ernest P. Worell
Fashionstar
Spirograph Line
TRW posts 1988 sales of 6.98 billion with recalls clouding profits
TRW reports 1988 sales of 6.98 billion up 2 percent from 1987 and profits of 261 million, up 7 percent. Excluding units sold off, sales would rise 7 percent. Earnings per share rose to 4.23 from 3.95. CEO Joseph T. Gorman cites a costly recall in truck steering clouding an otherwise strong year across automotive, space and defense, and consumer credit reporting.
MENTIONED IN THIS ARTICLE
Cleveland
TRW
Joseph T. Gorman
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