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Mega Brands Inc.

09:53 AM EST - Mega Brands Inc. : reported Tuesday a loss for the second quarter, compared with profit in the previous year, with a 12.4% decline in sales, hurt by lower shipments in the Toys, and Stationery and Activities product lines. Net loss for the quarter was US$3.6 million or US$0.10 per share, compared with profit of US$4.0 million or US$0.12 per share in the same quarter of last year. Mega Brands, Inc. shares T.MB are trading up 20 cents at $2.85.