October 25, 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.
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.
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.
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