Williams-Sonoma, Inc. (NYSE:WSM) [Trend Analysis] moved up reacts as active mover, shares a gain 1.26% to traded at $48.12 and the percentage gap between open changing to regular change was 0.46%. Williams-Sonoma, Inc. (WSM) declared that Sandra Stangl, President of the Pottery Barn Brands, is resigning from the company on March 31, 2017, after 23 years of service. Laura Alber, the company’s President and Chief Executive Officer, said, “On behalf of the board and senior management team, I want to thank Sandra for her many contributions to the company.
She provided vision and leadership for the Pottery Barn Brands for more than two decades. Sandra led the Pottery Barn Brands to record revenues and profits and was part of the small teams that created and launched Pottery Barn Kids and PBteen. Her dedication was instrumental as Pottery Barn grew to become the leading multi-channel home furnishings brand in specialty retail.” The firm’s current ratio calculated as 1.30 for the most recent quarter. The firm past twelve months price to sales ratio was 0.82 and price to cash ratio remained 55.38. As far as the returns are concern, the return on equity was recorded as 25.80% and return on investment was 25.90% while its return on asset stayed at 12.70%. The firm has total debt to equity ratio measured as 0.11.
Tempur Sealy International, Inc. (NYSE:TPX) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 2.73% to $45.92. Tempur Sealy International, Inc. (TPX) reported that its Board of Directors has amended and restated its previously adopted Rights Plan to add a qualified offer stockholder exemption provision.
The qualified offer stockholder exemption provision is intended to ensure that the Rights Plan does not discourage prospective acquirors from making offers to acquire Tempur Sealy that stockholders believe may be in their best interests. It provides that if Tempur Sealy receives a qualified offer and the Tempur Sealy Board of Directors has not redeemed the outstanding rights or exempted such offer from the terms of the Rights Plan or called a special meeting of stockholders for the purpose of voting on whether or not to exempt such qualified offer from the terms of the Rights Plan, in each case by the end of the 90 business days following the commencement of such qualified offer.
The holders of 10 percent of Tempur Sealy’s outstanding common stock may request that the Tempur Sealy Board call a special meeting of stockholders to vote on a resolution authorizing the exemption of the qualified offer from the Rights Plan. If such a special meeting is not held by the 90th business day following the receipt of such a stockholder special meeting request, the qualified offer will be deemed exempt from the Rights Plan on the 10th business day thereafter.
The share price of TPX attracts active investors, as stock price of week volatility recorded 2.57%. The stock is going forward to its 52-week low with 11.70% and lagging behind from its 52-week high price with -44.22%.