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News Breaks | | | | October 12, 2012 | | 07:58 EDT |  | TPX, ZZ | Tempur-Pedic Sealy merger has more plusses than minuses, says Stifel Nicolaus
Stifel Nicolaus believes that Tempur-Pedic's (TPX) proposed merger with Sealy (ZZ) has more plusses than minuses strategically and financially. The firm thinks the combined company would arguably have the best brands in the sector and it thinks the deal will be accretive by about 19% to Tempur Pedic's 2013 EPS estimate. The firm maintains a Buy rating on Tempur Pedic. | |
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News For TPX;ZZ From The Last 14 Days Check below for free stories on TPX;ZZ the last two weeks. |
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| June 6, 2013 | | 07:30 EDT | | TPX | Data bodes well for Tempur Sealy, Select Comfort, says Wedbush
After domestic wholesale mattress shipment survey data from April was stronger than expected, Wedbush believes the data bodes well for Tempur Sealy (TPX) and Select Comfort (SCSS). The firm cautions, however, that the data may overestimate the magnitude of growth for April. It keeps an Outperform rating on Select Comfort and a Neutral rating on Tempur Sealy. | |
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