Analyst Calls Armstrong Sales 'Disappointing'
New York, NY, July 30, 2012 -- Flooring industry analyst Stifel-Nicolaus described Armstrong's second quarter revenue numbers "disappointing" in its Quick Look report on Monday.
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Remodeling Market Index Down in Second Quarter
Washington, DC, July 27, 2012 -- The National Association of Home Builders' Remodeling Market Index declined in the second quarter due to a softening labor market.
Economic Growth Slows in Second Quarter
Washington, DC, July 27, 2012 -- The economy grew at an annual rate of 1.5% from April through June, the Commerce Department said Friday.
Mortgage Rates Hit Another Record Low
Washington, DC, July 27, 2012 -- Mortgage rates reached new all-time lows this week for both the 30-year and 15-year fixed-rate loans, according to Freddie Mac.
Armstrong Gets Climate Registered Status Again
Lancaster, PA, July 27, 2012 -- Armstrong World Industries said it has achieved Climate Registered status for five consecutive years.
Consumer Sentiment Better Than Expected
Ann Arbor, MI, July 27, 2012 -- The final reading of the University of Michigan-Thomson Reuters July consumer sentiment survey was 72.3.
Durable Goods Orders Rise in June
Washington, DC, July 27, 2012 -- Durable goods orders increased a better-than-expected 1.6% in June, the Commerce Department estimated Thursday.
Interface Sells Bentley Prince Street for $35M
Atlanta, GA, July 25, 2012 -- Interface said that it has entered into a definitive agreement to sell its Bentley Prince Street division in a transaction valued at $35 million.
Pending Home Sales Decline in June
Washington, DC, July 26, 2012 -- Pending home sales fell 1.4% in June, according to the National Association of Realtors.
Interface Reports Lower Income, Sales
Atlanta, GA, July 25, 2012 -- Interface reported that net income in the second quarter was $10.3 million, or $0.16 per share, compared with net income of $12.8 million, or $0.20 per share, a year ago.