May 2- Mattress maker Tempur-Pedic International Inc's first-quarter revenue fell 11 percent, excluding its recent Sealy's acquisition, hurt by a decline in sales at its core North America business.
May 2- Mattress maker Tempur-Pedic International Inc's first-quarter sales rose 1.5 percent, helped by the inclusion sales at recently acquired Sealy Corp, and the company raised its outlook. Shares of Tempur-Pedic rose 2.5 percent in after-market trade.
May 2- Mattress maker Tempur-Pedic International Inc's first-quarter sales rose 1.5 percent to $390.1 million, helped by the inclusion of $46.7 million of sales at recently-acquired Sealy Corp.. Tempur-Pedic completed the purchase of Sealy on March 18.
WASHINGTON, March 8- Tempur-Pedic International Inc, the Kentucky company which pioneered pricey space-age mattresses, has won approval from antitrust regulators to buy century-old Sealy Corp, the company said on Friday. Tempur-Pedic put the total value of the transaction- stock purchases and acquired debt- at $1.3 billion.
*Kentucky upstart goes after former market leader. WASHINGTON, March 4- A planned merger of two large U.S. mattress companies will force U.S. antitrust regulators to decide how much concentration they are prepared to allow in this once diffuse market.
*FTC probing Office Depot/ OfficeMax deal, Tesoro refinery buy. WASHINGTON, Feb 28- President Barack Obama is to name Edith Ramirez, once his colleague at the Harvard Law Review, as chairwoman of the Federal Trade Commission, the FTC said on Thursday.
U.S. stock index futures were higher Friday, a day after the S&P 500 logged its seventh-straight rally, following a batch up upbeat earnings reports and ahead of a key housing report.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.