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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 goldensaskyon May 12, 2015 9:51am
278 Views
Post# 23718602

Barclays gives favourable mention

Barclays gives favourable mention

2015-05-12 06:56 ET - In the News

See In the News (C-COS) Canadian Oil Sands Ltd

The Globe and Mail reports in its Tuesday edition that investors betting on a recovery in the energy sector may want to focus on stocks with the least exposure to Alberta. The Globe's Brenda Bouw writes that investors have already been shunning Canadian oil patch players. The prospect of higher income taxes will affect all oil and gas operators in Alberta. Senior producers with all of their operations in Alberta -- such as Canadian Oil Sands and Athabasca Oil -- will be most exposed to royalty changes. BMO analyst Randy Ollenberger says, "Given refining operations would be largely unaffected by a royalty change, the integrated oils would generally be less exposed than the producers." He says Cenovus Energy and Imperial Oil have extensive refining and crude production operations. Barclays analysts cite a handful of companies they expect to weather the uncertainty, such as Legacy Oil + Gas and ARC Resources, due to their limited exposure to Alberta. Vermilion Energy, Enerplus and Baytex Energy could also outperform some of their industry peers because they have extensive operations outside of Canada, "minimizing their exposure as well," say Barclays analysts.

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