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Tempur-Pedic International Inc

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  • UPDATE 2-Tempur Sealy CEO to step down Monday, 11 May 2015 | 6:54 PM ET

    May 11- Mattress maker Tempur Sealy International Inc said Chief Executive Mark Sarvary would step down, two days after shareholders voted to remove him from the company's board. Chief Operating Officer W. Timothy Yaggi will serve as interim CEO, Tempur Sealy said. The company also named Usman Nabi of H Partners, the company's largest shareholder, to its board as...

  • UPDATE 1-Tempur Sealy CEO to step down Monday, 11 May 2015 | 11:17 AM ET

    May 11- Mattress maker Tempur Sealy International Inc said Chief Executive Mark Sarvary would step down, two days after shareholders voted to remove him from the company's board. Chief Operating Officer W. Timothy Yaggi will serve as interim CEO, Tempur Sealy said. The company also named Usman Nabi of H Partners, the company's largest shareholder, to its board as...

  • CORRECTED-Tempur Sealy CEO to step down Monday, 11 May 2015 | 10:04 AM ET

    May 11- Mattress maker Temper Sealy International Inc said Chief Executive Mark Sarvary would step down, two days after shareholders voted to remove him from the company's board. The ouster of Sarvary from the board was engineered by H Partners, the company's largest shareholder, which has been pressing for a change in leadership to improve performance.

  • Tempur Sealy CEO to step down Monday, 11 May 2015 | 9:34 AM ET

    TEMPUR SEALY CEO TO STEP DOWN@. Chief Operating Officer W. Timothy Yaggi will serve as interim CEO, Tempur Sealy said. The company said H Partners CEO Usman Nabi had been named as an independent director.

  • May 8- Tempur Sealy International Inc's shareholders voted to remove its chief executive and chairman from its board, agreeing with its largest shareholder H Partners Management LLC that the mattress maker needed a change in leadership. CEO Mark Sarvary, Chairman P. Andrews McLane and Nominating Committee Chairman Christopher Masto will tender their...

  • May 8- Tempur Sealy International Inc's shareholders voted to remove Chief Executive Mark Sarvary from its board, agreeing with its largest shareholder H Partners Management LLC that the mattress maker needed a change in leadership. H Partners has about 10 percent stake in Tempur Sealy. The hedge fund's success in having members removed from Tempur Sealy's...

  • May 8- Tempur Sealy International Inc's shareholders voted to remove Chief Executive Mark Sarvary from its board, agreeing with its largest shareholder H Partners Management LLC that the mattress maker needed a change in leadership.

  • Mattress maker Tempur Sealy sales rise 5 pct Tuesday, 28 Apr 2015 | 4:19 PM ET

    April 28- Mattress maker Tempur Sealy International Inc reported a 5.4 percent rise in quarterly sales, helped by higher demand in its North America business, the company's largest market. Net income attributable to Tempur Sealy fell to $23.4 million, or 38 cents per share, in the first quarter ended March 31 from $27.4 million, or 44 cents per share, a year earlier.

  • Early movers: MSFT, BID, GE, HPQ, NFLX & more Monday, 16 Mar 2015 | 7:40 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • BOSTON, March 7- The largest new field of activist investors in years is shaking up corporate America, seeking to tap into billions of dollars in available capital and inspired by the outsized returns of brand-name agitators like William Ackman and Carl Icahn. Among the newcomers are firms like H Partners, Chieftain Capital, Isaac Capital, Vertex Capital, Jet...

  • Feb 17- Activist investor H Partners Management LLC said it is seeking the immediate ouster of Tempur Sealy International Inc Chief Executive Mark Sarvary, citing concerns about the bedding company's missed financial forecasts and stock performance. Tempur Sealy has rebuffed the fund's earlier attempts to secure a seat on the mattress maker's board, H...

  • Early movers: HOT, MDT, WWW, WM, Z, AAPL & more Tuesday, 17 Feb 2015 | 8:28 AM ET
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    Some of the names on the move ahead of the open.

  • Feb 17- Activist investor H Partners Management LLC is seeking immediate ouster of Tempur Sealy International Inc's Chief Executive Mark Sarvary, citing concerns about the mattress company's missed financial forecasts and poor stock performance, the Wall Street Journal reported. H Partners, which owns a nearly 10 percent stake in Tempur Sealy, plans to send...

  • Early movers: TWTR, MSG, EBAY, GPRO & more Friday, 6 Feb 2015 | 8:00 AM ET

    Some of the names on the move ahead of the open.

  • Stocks close up sharply, boosted by Greece and oil Monday, 2 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed sharply higher on encouraging news from the Eurozone and stronger oil prices.

  • Early Movers: HLT, SBUX, C, LNKD, GPRO & more Friday, 31 Oct 2014 | 8:10 AM ET

    Some of the names on the move ahead of the open.

  • After-hours buzz: Citigroup, GoPro, Starbucks & more Thursday, 30 Oct 2014 | 5:00 PM ET
    NYSE New York Stock Exchange traders markets

    Check out which companies are making headlines after the bell Thursday: Citigroup, GoPro, Starbucks & more.

  • Midday movers: Chevron, Skechers & More Friday, 2 May 2014 | 12:29 PM ET

    Friday's midday movers:

  • Early movers: KO, FRX, WM, MDT, NFLX, TSLA & more Tuesday, 18 Feb 2014 | 8:08 AM ET

    Some of the names on the move ahead of the open.

  • Midday movers: Best Buy, Facebook & more Monday, 6 Jan 2014 | 12:19 PM ET

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