October 24, 2014
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Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Mortgage Interest Rates Lowest Since June 2013
Washington, DC, Oct. 24, 2014 -- The average 30-year fixed-rate mortgage rate fell to 3.92% this week, according to Freddie Mac‘s latest Primary Mortgage Market Survey.
Flexcon Sponsors Green Printing Partnership
Spencer, MA, Oct. 24, 2014 -- Flexcon, a maker of adhesive coating and laminating, said it is a platinum sponsor of the Sustainable Green Printing Partnership.
Interface Reports Lower Sales in Quarter
Atlanta, GA, Oct. 23, 2014 -- Interface Inc. reported a third-quarter net loss of $376,000 or $0.01 per share.
Leading Economic Indicators Rise in September
New York, NY, Oct. 23, 2014 -- The Conference Board's leading economic index rose 0.8% in September.
House Prices Rise in August
Washington, DC, Oct. 23, 2014 -- Home prices rose a seasonally adjusted 0.5% in August, according to the Federal Housing Finance Agency.
Valinge Wins European Patent Dispute
Viken, Sweden, Oct. 23, 2014 -- Välinge said it successfully defended a European patent from a challenge filed by Flooring Industries Limited.
Builder Pulte Reports Lower Income, Higher Sales
Atlanta, GA, Oct. 23, 2014 -- Home builder PulteGroup, Inc. reported third quarter net income of $141 million, or $0.37 per share.
Initial Jobless Claims Edge Higher Last Week
Washington, DC, Oct. 23, 2014 -- Initial claims for unemployment benefits edged higher last week to 283,000 from 264,000 the previous week, according to the Labor Department.
IICRC Elects Board of Directors
Vancouver, WA, Oct. 23, 2014 -- The Institute of Inspection, Cleaning and Restoration Certification has elected five new members to its 2014-2015 board of directors.
Lumber Liquidators Income Falls in Quarter
Toano, VA, Oct. 22, 2014 -- Lumber Liquidators lowered its full-year sales and income guidance after third quarter net income fell well below year-ago levels.
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