TORONTO - Shares of Spin Master Corp. closed down over 10 per cent Thursday after the toy and entertainment company’s earnings dropped and it warned of lingering disruptions from the U.S. bankruptcy of Toys R Us. Ronnen Harary, co-founder and co-CEO of the Spin Master toy and entertainment company, poses for a photograph at their office in Toronto on Tuesday, January 29, 2019. Spin Master shares closed down $4.53, or 10.65 per cent, at $38 on the Toronto Stock Exchange. Spin Master said it has the number one and two shows for preschoolers on air with its Paw Patrol and Abby Hatcher programs. It said it will also launch the Paw Patrol show in Japan this year and is developing the first theatrical film for the Paw Patrol brand.

Source: thestar March 07, 2019 18:48 UTC