New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
16:14 EDTTPXLarry Rogers to retire as Sealy's president & CEO
Tempur Sealy International announced the retirement of Lawrence J. Rogers, President and CEO of Sealy Corporation effective April 5. Mr. Rogers' leadership responsibilities will transition to Tim Yaggi, COO and David Montgomery, Executive Vice President and President, International. The company also announced that its Board of Directors has voted to expand its Board to eleven directors and elect Mr. Rogers to the Board of Directors effective March 27.
News For TPX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 21, 2015
07:16 EDTTPXLongbow to hold a conference
Subscribe for More Information
May 19, 2015
09:58 EDTTPXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Ascena Retail (ASNA) upgraded to Outperform from Market Perform at FBR Capital... Enphase Energy (ENPH) upgraded to Strong Buy from Buy at Needham... Fifth Third (FITB) upgraded on Vantiv outlook at Oppenheimer... Hortonworks (HDP) upgraded to Overweight from Equal Weight at Barclays... MasterCard (MA) upgraded to Overweight from Sector Weight at Pacific Crest... NetEase.com (NTES) upgraded to Buy from Neutral at Citigroup... Panera Bread (PNRA) upgraded to Outperform from Market Perform at Cowen... Potash (POT) upgraded to Market Perform from Underperform at Cowen... Reed Elsevier (RUK) upgraded to Buy from Neutral at Goldman... Royal Caribbean (RCL) upgraded to Overweight from Neutral at JPMorgan... Sysco (SYY) upgraded at Credit Suisse... THL Credit (TCRD) upgraded to Buy from Hold at Deutsche Bank... Take-Two (TTWO) upgraded to Buy from Neutral at Sterne Agee CRT... Tempur Sealy (TPX) upgraded on Sealy gross margin improvement at Longbow... TriState Capital (TSC) upgraded to Outperform from Market Perform at Keefe Bruyette... Xilinx (XLNX) upgraded to Overweight from Sector Weight at Pacific Crest.
07:41 EDTTPXTempur Sealy upgraded on Sealy gross margin improvement at Longbow
As previously reported, Longbow upgraded Tempur Sealy to Buy from Neutral. The firm believes the new CEO will accelerate Sealy gross margins and focus on better procurement, plant consolidations, and higher first pass scrap yields, among other improvements. Longbow predicts Sealy gross margins to reach 33% in FY16, a year ahead of management's goal, and established a $73 price target on the shares.
06:10 EDTTPXTempur Sealy upgraded to Buy from Neutral at Longbow

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use