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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical Home Furnishings & Fixtures
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

Leggett & Platt Inc > Leg has LEGS folks
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Comment by ciretaka198on Feb 08, 2015 11:36pm
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Post# 23409512

RE:RE:RE:Leg has LEGS folks

RE:RE:RE:Leg has LEGS folksIm not sure it is all mom and pops being flushed out. legacy did a couple of deals in 2014 issuing 40 million shares to the owners of 2 differant oil companies.Both of which were not nearly as levered as legacy.I,m betting some of those 40 million shares are being dumped in a scramble to lock in as much profits aS possible.Not to mention the holders of those other companies must have been more conservitive in taking on debt and are probably not happy about being in a higher levered company esp in this oil market.  
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