Stock Blog Hub » Home Furnishings & Fixtures

(LEG) Leggett & Platt Incorporated – Bear of the Day

vitalstocks — Thu, 17 Nov 2011 21:20:09 +0000

Leggett & Platt, Inc.’s (LEG) increased operating expenses coupled with higher cost inflation battered the third-quarter 2011 results. The company reported a flat year-over-year earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.36. Consequently, anticipating lower market growth expectation, the company has lowered its sales guidance for fiscal 2011 from the range [...]

(LEG) Leggett & Platt Incorporated – Bear of the Day

(FO) Fortune Brands Splits in Two

vitalstocks — Tue, 05 Jul 2011 13:56:22 +0000

The leading consumer brands company Fortune Brands Inc. (FO) announced that following the spin-off of its Home & Security business, the separated companies will trade under two different symbols as independent entities on the New York Stock Exchange. Post spin-off, the Fortune Brands Home & Security business is proposed to be traded under the symbol [...]

(FO) Fortune Brands Splits in Two

(LZB) La-Z-Boy Blows Away Estimates With Quarterly Earnings Report

vitalstocks — Fri, 18 Feb 2011 16:41:45 +0000

La-Z-Boy Inc. (LZB) reported fiscal third quarter 2010 net earnings per share of 19 cents and comprehensively surpassed the Zacks Consensus Estimate of 10 cents per share. EPS in the prior year quarter was 21 cents, which, however, included 5 cents per share of anti-dumping duties. Reported EPS for the quarter includes 6 cents of [...]

(LZB) La-Z-Boy Blows Away Estimates With Quarterly Earnings Report

(CRC) Bayer Adcances Colorectal Cancer Drug Candidate

vitalstocks — Mon, 17 May 2010 22:37:23 +0000

Recently, Bayer (BAYRY) initiated patient enrollment in a phase III trial of one of its late stage pipeline candidates, regorafenib. The drug is being studied to treat patients with metastatic colorectal cancer (CRC) who have not responded properly to standard therapies. In the CORRECT (Patients with metastatic colorectal cancer treated with regorafenib or placebo after [...]

(CRC) Bayer Adcances Colorectal Cancer Drug Candidate

(FO) Fortune Brands Beats Expectations on Higher Sales

vitalstocks — Fri, 30 Apr 2010 00:03:49 +0000

Consumer products maker Fortune Brands (FO) reported first-quarter 2010 results with adjusted (excluding restructuring and other charges) earnings per share of 49 cents, comfortably beating the Zacks Consensus Estimate of 31 cents. The results were driven by healthy performance across all business segments. The company posted a net income of $72.2 million (or 47 cents [...]

(FO) Fortune Brands Beats Expectations on Higher Sales

(FO) Fortune Brands Wins Lawsuit Against Jose Cuervo International

vitalstocks — Wed, 07 Apr 2010 14:29:27 +0000

Fortune Brands Inc. (FO), a leading consumer brands company, recently received a favorable jury verdict against Jose Cuervo International, Inc. and its affiliates, relating to a trademark infringement of Maker’s Mark, one of its premium spirits brands. In its verdict, the jury has upheld that the red wax seal coating on Makers’ Mark bottles and [...]

(FO) Fortune Brands Wins Lawsuit Against Jose Cuervo International

(FO) Fortune Brands Wins Patent Dispute Against Callaway Golf

vitalstocks — Tue, 30 Mar 2010 17:01:13 +0000

Fortune Brands Inc. (FO), a leading consumer brands company, has recently received a favorable verdict against Callaway Golf Co. (ELY) relating to a patent dispute involving Titleist Pro V1 golf balls, bringing to an end a long-standing legal battle spanning over four years. In its legal suit, Callaway had alleged that Titleist Pro V1 golf [...]

(FO) Fortune Brands Wins Patent Dispute Against Callaway Golf

(LZB) La-Z-Boy Incorporated – Fourth-Quarter Surprise of 89%

vitalstocks — Mon, 29 Mar 2010 16:53:10 +0000

La-Z-Boy, Inc. (LZB) recently hit a new 52-week high above $15 on the company’s better than expected Q4 results from mid February. Fourth-Quarter Surprise of 89% Sales for the period were up 5.7% from last year to $305 million, producing earnings of 17 cents, 89% ahead of the Zacks Consensus Estimate. La-Z-Boy has been on [...]

(LZB) La-Z-Boy Incorporated – Fourth-Quarter Surprise of 89%

(LZB) Institute for Supply Management Manufacturing Index Soars

vitalstocks — Mon, 01 Feb 2010 22:26:11 +0000

The Institute for Supply Management’s survey of the Manufacturing sector of the economy rose by 3.5 points to 58.4 in January from 54.9 in December. That far exceeded consensus expectations for an increase to 55.5. It is also the highest reading on the consensus index since August of 2004. This is a stunning turnaround in [...]

(LZB) Institute for Supply Management Manufacturing Index Soars

(FO) Fortune Brands Beats the Street – Guidance Falls

vitalstocks — Sat, 30 Jan 2010 21:19:59 +0000

Fortune Brands Inc. (FO) reported fourth quarter results before the opening bell today. The company swung to a net income of $11.5 million from a net loss of $281.3 million in the year-ago quarter. Excluding special items, earnings per share came in at 66 cents, which topped the Zacks Consensus Estimate of 51 cents derived [...]

(FO) Fortune Brands Beats the Street – Guidance Falls

(LZB) La-Z-Boy Incorporated – Earnings Forecasts Move Higher

vitalstocks — Tue, 19 Jan 2010 23:43:19 +0000

La Z Boy Inc. (LZB) recently rebounded from a dip lower to move back within striking distance of the 52-week high at $11.07. Shares have been rallying since mid November when the company reported better than expected Q3 results. Company Description La-Z-Boy Inc. designs, manufactures and sells a wide range of furniture products in the [...]

(LZB) La-Z-Boy Incorporated – Earnings Forecasts Move Higher

(ZZ) Sealy Corporation Reports Quarterly Profit

vitalstocks — Thu, 14 Jan 2010 22:51:45 +0000

Sealy Corp. (ZZ), the largest global manufacturer of bedding products, has reported strong fiscal 2009 fourth quarter results with earnings of 2 cents per share compared to a loss of 45 cents in the year-earlier quarter. The earnings also exceeded the Zacks Consensus Estimate by a penny. The better-than-expected results were primarily driven by robust [...]

(ZZ) Sealy Corporation Reports Quarterly Profit

(SCSS) Select Comfort Corporation – Margin Expansion and Operational Efficiencies

vitalstocks — Wed, 13 Jan 2010 17:44:35 +0000

Select Comfort Corp. (SCSS) recently hit a new multi-year high above $7 on strong Q3 results from October and an ongoing commitment to respond to the challenging consumer environment. Company Description Select Comfort Corp develops, manufactures and sells adjustable foam beds and other sleep related accessories in the United States and Canada. As of January [...]

(SCSS) Select Comfort Corporation – Margin Expansion and Operational Efficiencies

(LEG) Leggett & Platt Incorporated Earnings Up on Cost Cutting

vitalstocks — Tue, 27 Oct 2009 17:31:54 +0000

Leggett & Platt Incorporated (LEG), a leading manufacturer of home furnishing components, has reported relatively strong third quarter results with earnings of 34 cents per share from continuing operations compared to 29 cents in the year-earlier quarter. The increase in the quarterly earnings was primarily due to stringent cost-cutting measures, pricing discipline and LIFO benefit. [...]

(LEG) Leggett & Platt Incorporated Earnings Up on Cost Cutting

(FO) Tough Third Quarter for Fortune Brands

vitalstocks — Tue, 27 Oct 2009 16:30:08 +0000

Fortune Brands Inc. (FO) reported third quarter earnings of 82 cents per share. Although earnings were well above the Zacks Consensus Estimate of 63 cents, they were down 59.8% year-over-year. Net sales for the quarter declined 10.6% year-over-year to $1.72 billion, primarily due to flat sales for the company’s spirits business and comparatively moderate revenue [...]

(FO) Tough Third Quarter for Fortune Brands

(AYI) Zacks #5 Rank Additions for Monday – Zacks Tale of the Tape

vitalstocks — Mon, 08 Jun 2009 22:08:47 +0000

Here are the stocks added to the Zacks #5 Rank (“strong sell”) List today: Acuity Brands Inc (AYI) Anthracite Capital Inc (AHR) Build-A-Bear Workshop Inc (BBW) C&D Technologies Inc (CHD) Cavco Industries Inc (CVCO) China Precision Steel Inc (CPSL) CNOOC Ltd (CEO) CoBiz Financial Inc (COBZ) Corn Products International Inc (CPO) Cumulus Media Inc (CMLS) [...]

(AYI) Zacks #5 Rank Additions for Monday – Zacks Tale of the Tape