Latest from WEKU:
Now Playing
Loading streams...
Connect with Us
Podcasts & RSS Feeds
| All Content |
| RSS |
| View all podcasts & RSS feeds | ||
Business and the Economy
Lexington-based Mattress Maker's Shares Plummet
Shares of Lexington-based Tempur-Pedic International lost almost half their value Wednesday, after the high-end mattress company announced that it expects sales and earnings to decline in the second quarter. The decline is blamed on Tempur-Pedic's rivals all offering new foam-based mattress products and supporting them with advertising.