Tempur-Pedic Downgrades Come After the Stock Gets Cut in Half

Tempur-Pedic International, the maker of premium mattresses and pillows, is down nearly 50% today after it cut its sales number in half. Analysts were expecting earnings of 86 cents per share and that's now going to be around 36 cents per share. CEO Mark Sarvary said this cut in sales was do to new competition in the specialty space. What's comical though is how the downgrades and rating changes start coming in once the stocks is chopped in half. What happened to their over weights, market performs, out performs, and strong buys? Amazingly, the stock went from $87 a share

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Tagged crushed, downgrades, keybanc, mattresses, oppenheimer, Tempur-Pedic

KeyBanc Defends Green Mountain Coffee Roasters, Has Buy Rating & $120 Price Target

When a guy like David Einhorn makes a presentation about your company laying out the reasons why he's short its stock, it's time to worry. Einhorn isn't some to discount easily. He doesn't lay out a stock thesis with the plan to make a quick buck. Rather, he usually has a long term plan to hold the stock until it's beaten down to a pulp. And he doesn't abandon a thesis easily. So, if you're Green Mountain Coffee Roasters, or a current long term stock holder of Green Mountain Coffee Roasters, it's somewhat of a relief to hear from

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Tagged david einhorn, green mountain, keybanc