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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by justuseron Jul 24, 2012 3:50pm
139 Views
Post# 20147973

RE: Looks Like Oil Down Today

RE: Looks Like Oil Down Today

I don’t think that there is perfect correlation between LEG and oil. There is of course but I am not sure if this is more correlation between index and stock. Today oil is steady before Wednesday report and it should be, but LEG is down on very low volume (actually picking up at the end of the session). I also do not understand why LEG will be back to former levels. What if Germans are late with response to ongoing Spanish siesta? LEG may be less than $2. It seems to me that some Europeans are so frustrated with parasite countries that some politically incorrect may occur. I personally do not want to gamble with frustrated people.

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