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Leggett & Platt now anticipates sales will come in at $4.3 billion to $4.4 billion, where previously it was modeling $4.3 billion to $4.5 billion. The new adjusted EPS range is $1.00 to $1.10 ...
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Leggett & Platt stock was first traded over the counter in 1967. Twelve years later, on June 25, 1979, top management was present in New York City to witness the stock's first day listed on the New York Stock Exchange. In 1999, the company became part of the S&P 500 Index. Today, Leggett & Platt has 135 manufacturing facilities in 18 countries.
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
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