Initial Jobless Claims Rise, Reversing Trend
Washington, DC, April 14, 2011 -- Initial unemployment claims for state benefits unexpectedly rose 27,000 to a seasonally adjusted 412,000, according to the Labor Department.
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First Quarter Foreclosures at Three-Year Low
Irvine, CA, April 14, 2011 -- Foreclosure filings in the U.S. fell in the first quarter to the lowest level in three years, according to tracking firm RealtyTrac Inc.
Manufacturing Leads Economic Improvement
Washington, DC, April 14, 2011 -- The U.S. economy continued to improve over the past month on strength in manufacturing, the Federal Reserve said on Wednesday.
Producer Prices Edge Higher in March
Washington, DC, April 14, 2011 -- U.S. producer prices rose slightly faster than expected in March, according to the Labor Department.
Milliken Offering Retailer Discount Promotion
Spartanburg, SC, April 14, 2011 -– Milliken is offering residential carpet retailers a limited-time savings when purchasing broadloom products from its Imagine collection.
Shaw Closing Georgia Spun Yarn Plant
Dalton, GA, April 13, 2011 -- Shaw Industries Group will close a spun yarn plant in Chatsworth, Ga. known as Plant 82.
Styron Plans To Change Its Name to Trinseo
Berwyn, PA, April 13, 2011 -- Styron said it will change its company name to Trinseo to better reflect the range of the company's business.
Amorim Revestimentos Adds Board Member
São Paio de Oleiros, Portugal, April 13, 2011 -- The shareholders of Amorim Revestimentos decided to enlarge the company's Board of Directors and appointed Jürgen Früchtenicht as a new member.
Retail Sales Rise in March
Washington, DC, April 13, 2011 -- U.S. retail sales increased 0.4% in March to a seasonally adjusted $396.3 billion, the Commerce Department estimated Wednesday.
Mortgage Applications Down in Latest Week
Washington, DC, April 13, 2011 -- Mortgage application volume fell last week to its lowest level since January as interest rates rose, according to the Mortgage Bankers Association.