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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 UppersDownerson Nov 13, 2014 3:17pm
316 Views
Post# 23126026

What A Battle

What A BattleOil stocks are all over the place and will be like that for many weeks to come. Some day traders are making a killing on the price swings. Who would have thought oil would drop this much today? LEG has priced in $80 oil for running their company and when it goes under $75 oil it is a new ball game. The service companies will be first to crumble and umemployment will creep putting the economies in a bind. We need $90 oil for things to run smoothly and nothing under that. I have family members working in oil and they were told last week that they have no more work till next year as they wait for budgets to be put out. Things are about to get ugly and fast if oil stays or goes lower.
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