Lumber Liquidators Gets Upgrade to 'Buy'
New York, NY, June 24, 2011 -- Shares of Lumber Liquidators were upgraded to a "buy" by industry analyst Stifel Nicolaus.
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.
Johnsonite Linoleum Gets BioPreferred Label
Chagrin Falls, OH, June 24, 2011 -- Johnsonite, the commercial arm of Tarkett, was recently certified with a U.S. Department of Agriculture BioPreferred program Biobased Product Label for its Harmonium xf Linoleum flooring.
Shaw's Global Reason Wins HD Expo Award
Dalton, GA, June 24, 2011 -- Global Reason by Shaw Hospitality Group was named top Flooring- Carpeting & Carpet Systems, Rugs, in the 15th annual IIDA/HD Product Design Competition.
Carlisle Opens New York City Showroom
New York, NY, June 24, 2011 -- Carlisle Wide Plank Floors has opened its New York City showroom.
Durable Goods Orders Rise More Than Expected
Washington, DC, June 24, 2011 -- Durable goods order rose a better-than-expected 1.9% in May, the Commerce Department estimated Friday.
Langhorne Making Carpet from Alpaca Fiber
Penndel, PA, June 24, 2011 -- Langhorne Carpet Company is now weaving Jacquard-Wilton carpets made of 100% Peruvian alpaca fiber.
Fed Stays The Course on Interest Rates
Washington, DC, June 22, 2011 -- The Federal Reserve said it will keep short term interest rates near zero for at least several more months.
H.B. Fuller Net Income More Than Doubles
Minneapolis, MN, June 23, 2011 -- H.B. Fuller reported second quarter net income of $25.1 million, or $0.50 per share, compared to $11.0 million, or $0.22 per share, in last year's second quarter
Initial Jobless Claims Higher Than Expected
Washington, DC, June 23, 2011 -- Initial claims for unemployment benefits rose more than expected last week, according to the Labor Department.
Oil, Gasoline Prices Continue Downward Trend
New York, NY, June 23, 2011 -- Oil prices fell after Federal Reserve Chairman Ben Bernanke warned that the U.S. economy is weaker than previously thought.