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Tempur Pedic (TPX) rises as Q2 earnings beat estimates

 Jul 17, 2009 06:20 PM UTC
Return Risk
-65.06% MID
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Symbol Sentiment Start Return Closed
TPX n/a

Graphic_arrow1 Via BloggingStocks:  

Filed under: Major movement, Earnings reports, Good news, Options, Technical Analysis

TPX logoTempur Pedic (NYSE: TPX - option chain) shares are rising today after the company posted a second-quarter profit of $16.86 million or 22 cents per share, topping analysts' projections of 18 cents per share. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on TPX.

TPX opened this morning at $13.04. So far today the stock has hit a low of $13.18 and a high of $14.09. As of 11:20, TPX is trading at $14.00 up 0.96 (7.4%). The chart for TPX looks neutral and S&P gives TPX a neutral 3 STARS (out of 5) hold ranking.

Continue reading Tempur Pedic (TPX) rises as Q2 earnings beat estimates

Tempur Pedic (TPX) rises as Q2 earnings beat estimates originally appeared on BloggingStocks on Fri, 17 Jul 2009 13:20:00 EST. Please see our terms for use of feeds.

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