Wedbush Cuts Price Target on Tempur Sealy (TPX) to $55; Reiterates Neutral
- Shares jump on tech boost; fragile yen on intervention watch
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Oil prices steady after rallying on US stock decline, business data
- Yen on the brink, but Tesla pulls back
- Dollar recovers from PMI slump, yen closes in on 155 per dollar
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla, AT&T, Biogen and Hasbro rise premarket; Uber, Enphase fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
UBS Starts Tempur Sealy (TPX) at Neutral
September 29, 2016 6:56 AM EDTUBS initiates coverage on Tempur Sealy (NYSE: TPX) with a Neutral rating and a price target of $60.00, saying improvement opportunities and stellar management balance industry risks.
Analyst Michael Lasser commented, "We see a wide range of potential outcomes for TPX's shares with the... More
Longbow Research Downgrades Tempur Sealy (TPX) to Neutral
September 28, 2016 7:06 AM EDTLongbow Research downgraded Tempur Sealy (NYSE: TPX) from Buy to Neutral and removed its price target (prior $100.00).
For an analyst ratings summary and ratings history on Tempur Sealy click here. For more ratings news on Tempur Sealy click here.
Shares of Tempur Sealy closed at $74.45 yesterday.
... MoreAfter-Hours Stock Movers 09/27: (SEED) (GALE) (CTAS) Higher; (GALT) (TPX) (NKE) Lower (more...)
September 27, 2016 5:28 PM EDTToday's After-Hours Movers
Origin Agritech Limited (NASDAQ: SEED) 32.6% HIGHER; announced the company has entered into a definitive agreement to sell its proprietary China-based commercial corn seed production and distribution business for RMB 400 million (approximately USD $60 million) to Beijing Shihui Agricultural Development Co, Ltd.
Galectin Therapeutics Inc. (NASDAQ: GALT) 40% LOWER; announced topline results from NASH-FX, its Phase 2a clinical trial evaluating the efficacy, safety, and tolerability of GR-MD-02 in 30 nonalcoholic steatohepatitis (NASH) patients with advanced fibrosis. This exploratory, single site,... More
Tempur Sealy (TPX) Updates on Outlook; Sees Q3 Sales Below Prior Expectations
September 27, 2016 4:11 PM EDTTempur Sealy International, Inc. (NYSE: TPX) provided an update to its financial guidance for full year 2016 and sales trends in advance of its participation at a financial conference.
Tempur Sealy International, Inc. Chairman and CEO Scott Thompson commented, "Third quarter net sales are below our prior expectations. We currently expect net sales for the full year to be down 1 to 3 percent... More