The following video is part of our daily MarketFoolery podcast, in which host Chris Hill and advisors Joe Magyer and James Early discuss the day's business and investing news. Mattel bought Hit Entertainment, owner of Thomas the Tank Engine, for $680 million. Does this have anything to do with Hasbro's recent acquisition of the license for Sesame Street?

Chris Hill owns no shares of any of the companies mentioned. The Motley Fool owns shares of Wal-Mart Stores. Motley Fool newsletter services have recommended buying shares of Wal-Mart Stores, McDonald's, Mattel, and Hasbro and creating a diagonal call position in Wal-Mart Stores. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.