Analysts Like Armstrong Stock
New York, NY, May 9, 2011 -- Zacks Investment Research has upgraded shares of Armstrong World Industries from a “neutral” rating to an “outperform” rating.
Today's Flooring News
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.
Mohawk First Quarter Earnings Move Higher
Calhoun, GA, May 5, 2011 -- Mohawk Industries reported first quarter net earnings of $23.4 million and earnings per share of $0.34, compared to net earnings of $20.5 million and earnings per share of $0.30 a year ago.
Private Sector Job Creation Strong in April
Washington, DC, May 6, 2011 -- The U.S. private sector created 244,000 jobs in April according to the Labor Department's survey of employers.
Chain Store Sales Surge In April
New York, NY, May 6, 2011 -- U.S. chain-store sales in April rose 8.5% over last year, according to the International Council of Shopping Centers.
Brintons Launching New Weave Technology
Kidderminster, UK, May 6, 2011 -- Brintons is unveiling its 24-color High Definition Weave at this month’s HD Expo in Las Vegas.
NWFA Names Floor of Year Winners
St. Louis, MO, May 6, 2011 -- The National Wood Flooring Association announced the winners of its 2011 Wood Floor of the Year contest at its convention in San Diego.
Mortgage Rates Drift Lower
Washington, DC, May 6, 2011 -- The average rate on the 30-year mortgage reached its lowest level since mid-January this week, according to Freddie Mac’s weekly survey released Thursday.
Two Receive Golden Mallet Awards
St. Louis, MO, May 6, 2011 -- The National Wood Flooring Association announced its 2011 Golden Mallet award recipients at its convention in San Diego.
NAHB Backs Bill Addressing Loans for Builders
Washington, DC, May 6, 2011 -- The National Association of Home Builders has praised a bill by Rep. Gary Miller (R-Calif.) and Rep. Brad Miller (D-N.C.) that addresses credit issues faced by home builders.
BASF Earnings More Than Double in Quarter
Frankfurt, Germany, May 6, 2011 -- German chemical company BASF SE says it more than doubled first-quarter earnings thanks to increased demand for its chemicals and plastics.