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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

Post by Lander49on Feb 07, 2015 9:21pm
231 Views
Post# 23407842

Saudi Arabia has a decision to make later this year...

Saudi Arabia has a decision to make later this year...In order to reach their year end financial objective they will either have to increase their oil out-put and sell at  higher volume and lower prices or possibly they will decide to decrease production in order to sell at a higher price. ...It will be interesting to see what they do and my guess is that they will most likely reduce production because storage facilities and tankers will probably be maxed out by then....Its' a guessing game for now???
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