U.S. Markets close in 6 hrs 16 mins

Tempur-Pedic reiterates full-year forecasts

LEXINGTON, Ky. (AP) -- Tempur-Pedic is maintaining its full-year earnings and revenue forecasts, which are in line with Wall Street's expectations.

The specialty mattress maker, which is looking to buy rival Sealy Corp. in a proposed $228.6 million deal, said Monday that it still anticipates 2012 adjusted earnings of about $2.55 per share. It expects revenue of about $1.4 billion.

Analysts polled by FactSet expect earnings of $2.55 per share on revenue of $1.4 billion.

Tempur-Pedic International Inc. is based in Lexington, Ky.

Its shares finished at $27.20 on Friday.