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.
Bloomfield Hills, MI, July 28, 2011 -- Homebuilder PulteGroup, Inc. reported a second quarter net loss of $55 million, or $0.15 per share, compared with net income of $76 million, or $0.20 per share, in the prior year.
Irvine, CA, July 28, 2011 -- Foreclosure activity decreased substantially in the first half of the year, thanks to a glut of already foreclosed properties and a moratorium on new foreclosure filings, according to RealtyTrac.
Anaheim, CA, July 28, 2011 -- While the major home centers are considered to be the prime competitors for independent flooring retailers, it's not the first time the industry has seen competition from larger entities.
Anaheim, CA, July 28, 2011 -- Carpet One Floor & Home members were introduced to new products and programs available to them through the cooperative at the organization's summer convention.
Midland, MI, July 27, 2011 -- Dow Chemical Co. reported second quarter earnings of $982 million, or $0.84 per share, compared with $566 million, or $0.50 per share, a year earlier.
Cuyahoga Falls, OH, July 27, 2011 -- Americhem Inc., a manufacturer of custom color and additive solutions for synthetic fibers, said it has added a new production line at its Manchester, United Kingdom plant.
Winterthur, Switzerland, July 27, 2011 -- The Rieter Group reported a profit of $113 million in the first half of the year, compared to $9.3 million in the first half of 2010.
Washington, DC, July 27, 2011 -- Rising interest rates contributed to a weekly drop in mortgage applications, according to the Mortgage Bankers Association.
Washington, DC, July 27, 2011 -- Weak sales is the top problem small businesses face, and it's a primary reason the economy is growing slowing, according to the National Federation of Independent Business.
Kansas City, MO, July 27, 2011 -- The International Certified Floorcovering Installers Association will mark its 18th anniversary at its annual meeting Aug. 11-13.