October 23, 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.
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.
Architecture Billings Index Up Sharply in September
Washington, DC, Oct. 22, 2014 -- The Architecture Billings Index rose in September due to rising demand for institutional projects.
Starnet Promotes Williamson to Executive VP
Darien, CT, Oct. 22, 2014 -- Starnet said Fred Williamson has been promoted to executive vice president.
Ecore Wins Pennsylvania Manufacturing Award
Lancaster, PA, Oct. 22, 2014 -- Ecore International said it recently won first place in the Excellence in Innovation category in the 2014 MANTEC Manufacturing Awards.
Refinancing Increases as Rates Fall Last Week
Washington, DC, Oct. 22, 2014 -- Mortgage applications increased 11.6% last week from the previous week, according to the Mortgage Bankers Association.
Falling Gasoline Prices Keep Inflation Tame
Washington, DC, Oct. 22, 2014 -- Falling gasoline prices kept inflation muted again in September, the Labor Department said.
Interface Redeems Senior Notes Early
Atlanta, GA, Oct. 22, 2014 -- Interface said it decided to to redeem the remaining $220 million in aggregate principal amount of its 7 5/8% senior notes due 2018.
Existing Home Sales Rise in September
Washington, DC, Oct. 21, 2014 -- Home resales rose 2.4% in September to a seasonally adjusted annual rate of 5.17 million, according to the National Association of Realtors.
Tile Industry Show Total Solutions Starts Saturday
San Antonio, TX, Oct. 21, 2014 -- Ceramic tile industry Total Solutions Plus is set for Oct. 25-28 in San Antonio.
FHFA Director Seeks To Streamline Rules
Washington, DC, Oct. 21, 2014 -- The Federal Housing Finance Agency plans to make reforms that could help increase mortgage credit availability.
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