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Leggett & Platt (NYSE: LEG) reported third quarter earnings per diluted share of $.31 (including a $.02 per share net LIFO expense). In the third quarter of 2009, earnings were $.34 per share (including a $.05 per share net LIFO benefit). Compared to third quarter 2009, third quarter 2010...

Seagate Technology Plc (NYSE: STX) was downgraded by Robert W Baird from "outperform" to "neutral." STX's shares closed at $15.21 yesterday. Seagate Technology's 52-week trading range is $9.84 - $21.58. Credit Suisse downgraded Delhaize Group (NYSE: DEG) from "neutral" to "underperform." DEG's...

Oppenheimer has published a research report on Tempur-Pedic International (NYSE: TPX) following solid 3Q results, as EPS has increased 82% y/y and beat Oppenheimer estimates as well as consensus. In the report, Oppenheimer writes “Tempur-Pedic reported solid 3Q results, as EPS of $0.62 increased 82...

Tempur Pedic International Inc. (NYSE: TPX) reports Q3 earnings of $0.62 versus consensus of $0.55. Tempur Pedic International Inc. reports revenues of $295.8 million versus consensus of $292.47 million. Revenues increased 32% year over year. TPX increased its full year 2010 guidance for net sales...

Tempur-Pedic International Inc. (NYSE: TPX), the leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, today announced financial results for the third quarter ended September 30, 2010. The Company also increased full year 2010 financial guidance and expanded...

Billionaire Warren Buffett is the second richest American. As most investors know, he is the head of Berkshire Hathaway (BRK-A), the highest priced stock and one of the most successful companies during the last half-century. The company also has Class B shares (BRK-B), currently trading around 83....

Below are the top textile industrial stocks on the NYSE, the NASDAQ and the AMEX in terms of gross margin. The trailing-twelve-month gross margin at Albany International Corp (NYSE: AIN) is 37.50%. AIN's PEG ratio is 0.93. The trailing-twelve-month gross margin at Interface Inc (NASDAQ: IFSIA) is...

Jefferies & Company is out with a research report this morning, where it initiates a Buy rating on shares of Mohawk Industries (NYSE: MHK); it has a $60.00 price target on the stock. The Jefferies analysts said that they expect Mohawk to improve financial performance through new product...

FOX Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting today that state Attorney Generals are ramping up investigations into the foreclosure process and more banks will have to impose a moratorium. Highlights can be found below courtesy of FBN. FOX Business Network's Charlie...

Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today its results of operations for its fiscal quarter ended August 28, 2010. Consolidated sales for the quarter ended August 28, 2010 were $58.5 million as compared to $57.7 million for the quarter ended August 29, 2009, an increase of 1....

Sierra Wireless Inc (NASDAQ: SWIR) was upgraded by Jefferies from “hold” to "buy." SWIR's shares closed at $10.51 yesterday. Sierra Wireless' earnings are likely to gain 36.92% in the next year. Goldman upgraded Ethan Allen Interiors Inc (NYSE: ETH) from "sell" to "neutral." ETH's shares closed at...

The stock market is still climbing a wall of worry greased with lies, according to Barron's. For anyone owning stocks this may come as comforting, however the staggeringly high number of takeover rumors looming may also provide some caution. According to Barron's "September's Standard & Poor...

The Board of Directors of Natuzzi S.p.A. (NYSE: NTZ) earlier today announced its financial results for the second quarter and first six months of 2010. SECOND QUARTER 2010 SUMMARY: --Upholstery Net Sales were €130.9 million, up 12.0% as compared to the second quarter of 2009 --Total Net Sales...

Below are the top textile industrial stocks on the NYSE in terms of gross margin. The trailing-twelve-month gross margin at Albany International Corp (NYSE: AIN) is 37.50%. AIN's PEG ratio is 0.90. The trailing-twelve-month gross margin at Mohawk Industries Inc (NYSE: MHK) is 26.73%. MHK's...