<img src=" http://www.joplinglobeonline.com/images/zope/tuesday.gif" border=0> Leggett & Platt changes forecast

FTC program gains support from national foundation

For Joplin High School junior Drew Holle, taking auto classes at Franklin Technology Center is a family affair. “My dad went here, my brother went here and now I’m here,” Holle said. “I’ve always been into it. My dad owns his own shop. It’s just something I’ve watched him do, so now I want to learn.”

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October 27, 2009

Anonymous The Joplin Globe Tue Oct 27, 2009, 08:06 AM CDT

CARTHAGE, Mo. — Leggett & Platt Inc. recently raised its forecast for full-year profit and third-quarter results above Wall Street expectations.

Also, Standard & Poor’s on Friday upgraded Leggett to “hold” from “sell.”

The company said last week that it expects full-year profit of 65 cents to 75 cents per share.

S&P; analyst Ken Leon raised the firm’s 2009 profit estimate to 80 cents per share from 70 cents and upped its 2010 estimate to $1.20 from 95 cents.

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