Tempur-Pedic International (TPX) announced Friday morning that the Federal Trade Commission has cleared its planned acquisition of Sealy (ZZ).
Tempur-Pedic gapped open sharply higher Friday, but was range-bound throughout the session. The stock closed up by 2.48 at $45.10 on above average volume. Tempur-Pedic rose above nearly a month and a half long range and set a 9-month high.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.