Steinhoff

The challenges facing Tempur Sealy International Inc (NYSE: TPX) mounted on Monday with the termination of its supply agreement with its largest customer, Mattress Firm Holding Corp. Wedbush’s Seth Basham maintains a Neutral rating on the company, while lowering the price target from $55 to $...

Tempur Sealy International Inc (NYSE: TPX) is plunging over 28 percent after it announced that it is severing ties with its biggest retailer. Snapping Ties Tempur Sealy said in a release that following a deadlock in the negotiations between it and Mattress Firm Holding Corp , it had issued...