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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 miner8740on Dec 03, 2014 9:06pm
220 Views
Post# 23192899

RE:Glad your all so concerned for LEG staff

RE:Glad your all so concerned for LEG staffGive management a call and see what they strategy is now for protecting the shareholders wealth. It is no good to have growth on oil production when the margins are almost zero or even a lost with the new projected oil prices. This is not only affecting Leg but other players as well. The million dollar question when is this going to turn around. I feel the chills out in Calgary for all these managers. Like I said before anyone can managed when the prices are going in the right direction but the best managers are prepared for situation like we are in now. The writing was on the wall and everone was greedy when the prices were going high. I hope this is a lesson learned by all managers as their are not amuned to the market forces goibg against the firm. You must be ready for this at any given time during the life of the project.
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