Home Furnishings

Today, Leggett & Platt (NYSE: LEG) announced that it has sold its Storage Products business to SPG International, LLC. The sale completes the divestiture program, a significant part of the company's strategic realignment first introduced to investors in November 2007. Since implementation of...

Furniture Brands International (NYSE: FBN) announced today the company has made a contribution of approximately 4.1 million shares of its common stock to the company's pension plan. The shares were contributed in a private placement transaction and in consideration for the reduction in future...

Fox Business Network (FBN) Senior Correspondent Charlie Gasparino is reporting that Phil Angelides and the Financial Crisis Inquiry Commission are looking into what role JP Morgan played in the collapse of Lehman Brothers. Highlights of the report can be found below, courtesy of Fox Business...

Hooker Furniture Corporation (Nasdaq: HOFT) has rescheduled its second quarter and first half 2011 earnings teleconference from September 9 to September 14 in respect for the observance of Rosh Hashanah. The Company will present its financial results for its most recently completed quarter via...

Fox Business Network’s (FBN) Senior Correspondent Charlie Gasparino is reporting that CLSA analyst Mike Mayo says Citigroup is “cooking the books”, not accounting for Deferred Tax Assets, and the Securities and Exchange Commission (SEC) has “approached them over this issue at least twice over the...

Fox Business Network’s (FBN) Senior Correspondent Charlie Gasparino reports that former Lehman Brothers CFO Erin Callan has “not received a Wells Notice” which indicates she will not be charged by the SEC. Highlights of the report can be found below courtesy of Fox Business Network. On who from...

Sources tell Fox Business Network (FBN) Senior Correspondent Charlie Gasparino that former Lehman Brothers CEO Dick Fuld is saying that SEC charges against the firm will come in September. Based on this, lawyers for Wall Street firms speculate that “Wells Notices have been issued.” Highlights of...

Flexsteel Industries Inc. (NASDAQ: FLXS) reports Q2 EPS of $0.61 versus estimates of $0.23. Flexsteel Industries Inc. reports revenues of $85.6 million versus estimates of $81.18 million. Revenues increased 15% year over year. Gross margin for the year ended June 30, 2010 was 22.8% compared to 18....

La-Z-Boy Inc. (NYSE: LZB) reports Q1 EPS of $0.00 versus estimates of $0.00. La-Z-Boy Inc. reports revenues of $263.3 million versus estimates of $263.81 million. The total loss the company reported was $195,000. Kurt L. Darrow, President and Chief Executive Officer of La-Z-Boy, said, "As mentioned...

FOX Business Network’s (FBN) Charlie Gasparino reports that the Security and Exchange Commission (SEC) may bring charges against former Lehman Brothers executives as early as this week. Excerpts of his report can be found below, courtesy of Fox Business Network. About the charges being brought...

Chicago, IL – August 11, 2010 - Stocks in this week's article include CarMax, Inc. (NYSE: KMX), Tempur-Pedic International Inc. (NYSE: TPX), Tractor Supply Co. (NASDAQ: TSCO), Union Pacific Corporation (NYSE: UNP) and Vishay Intertechnology, Inc. (NYSE: VSH). Kevin Matras looks at how to use...

Kevin Matras looks at how to use Return on Equity (ROE) to find winning stocks. Highlighted stocks include KMX, TPX, TSCO, UNP and VSH. CARMAX GP (CC) (KMX): Free Stock Analysis Report TEMPUR-PEDIC (TPX): Free Stock Analysis Report TRACTOR SUPPLY (TSCO): Free Stock Analysis Report UNION PAC CORP (...

Wells Fargo Securities is raising earnings estimates on a slew of companies this morning. Some of the companies Wells Fargo Securities is raising estimates on are Brunswick Company (NYSE: BC), Mohawk Industries (NYSE: MHK), Consolidated Edison (NYSE: ED), Goodrich Petroleum (NYSE: GDP) and Magna...

Shares of Mohawk Industries, Inc. (NYSE: MHK) are currently up 4.4% at $50.85 per share during Friday afternoon trading. Today's trading range for shares of Mohawk Industries, Inc. has been between $49.79 and $52.50 per share. The consensus price target of analysts covering the company's stock is $...