NEW YORK, March 12, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Tempur-Pedic International Inc. (NYSE: TPX), Select Comfort Corporation (NASDAQ: SCSS), Leggett & Platt, Inc. (NYSE: LEG), Fortune Brands Home & Security, Inc. (NYSE: FBHS), and Sealy Corporation (NYSE: ZZ). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tempur-Pedic International Inc. Research Report
Tempur-Pedic announced Friday that the Federal Trade Commission (FTC) has cleared the company's planned acquisition of Sealy. The company intends to close the $1.3 billion deal on March 18, subject to customary closing conditions. According to Mark Sarvary, CEO of Tempur-Pedic, the acquisition "unites two highly complementary companies with iconic brands to create the first full spectrum, global bedding company that addresses all market segments and consumer preferences." The Full Research Report on Tempur-Pedic International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/f99a_TPX]
Select Comfort Corporation Research Report
Despite experiencing below-plan sales since February 1, 2013, Select Comfort remains confident in the company's growth and also remains committed to its strategy of delivering an unparalleled sleep experience for its customers. Furthermore, the company also sees that it will likely miss its internal goals for the first quarter of FY 2013. However, its optimism lies on the company's belief that this is just a short-term issue associated with accelerated changes made to its media-buying strategy. Select Comfort is already taking action in making the necessary corrections to both media buying and near-term expenses. On April 16 the company will report its first quarter financial results. The Full Research Report on Select Comfort Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/72f1_SCSS]
Leggett & Platt, Inc. Research Report
The Board of Directors of Leggett & Platt announced a first quarter dividend of 29 cents per share, increasing 3.6 percent as compared to the dividend declared in the first quarter of 2012. The dividend is payable on April 15, to shareholders of record on March 15. The company has an annual indicated dividend of $1.16 per share, with yield of 3.8 percent. Leggett & Platt is among the S&P 500 companies with one of the highest dividend yields. The Full Research Report on Leggett & Platt, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1704_LEG]
Fortune Brands Home & Security, Inc. Research Report
For the second consecutive year, industry-leading home and security products company Fortune Brands Home & Security has been named to FORTUNE magazine's 2013 List of World's Most Admired Companies, ranking no. 3 in the "Home Equipment, Furnishings" category. The company is recognized for its solid business model, strong capital structure, and clear strategies for growth - the factors that the company will continue to pursue as the housing market begins to recover. The Full Research Report on Fortune Brands Home & Security, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/8f06_FBHS]
Sealy Corporation Research Report
Leading global bedding manufacturer Sealy delivers the required notice to holders of Sealy and Sealy Mattress Company eight percent Senior Secured Third Lien Convertible Notes due 2016. On September 26, 2012, the company entered in to an Agreement and Plan of Merger with Tempur-Pedic and Silver Lightning Merger Company. Under the Merger Agreement, on or after March 15, 2013, Silver Lightning will merge with and into Sealy. The merger will constitute a "Make-Whole Event," and is subject to the satisfaction or waiver of the conditions under the Merger Agreement. On March 8, Tempur-Pedic received clearance from the Federal Trade Commission for the acquisition. The Full Research Report on Sealy Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/183a_ZZ]
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Contact: Patricia Byers