Analyst Stifel Bullish on Armstrong
New York, NY, May 3, 2011 -- Flooring industry analyst Stifel Nicolaus is maintaining a "buy" rating on the stock of Armstrong World Industries, citing the company's recent strong earnings report.
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.
Beazer Homes Posts Loss in First Quarter
Atlanta, GA, May 3, 2011 -- Beazer Homes reported a net loss in the first quarter of $54.6 million.
Factory Orders Rise in March
Washington, DC, May 3, 2011 -- Factory orders rose in March for the fifth consecutive month, according to the Commerce Department.
Armstrong Swings To Profit on Higher Sales
Lancaster, PA, May 2, 2011 -- Armstrong World Industries reported first quarter net income of $13.5 million, or $0.23 per share, compared to a loss of $19.4 million, or $0.34 per share, in the same quarter last year.
Construction Spending Up Most in 11 Months
Washington, DC, May 2, 2011 -- U.S. construction spending in March posted the largest gain in 11 months, according to the Commerce Department.
Brownett New Part Owner of Quartz Flooring
Chicago, IL, May 2, 2011 -- Harry Brownett has joined Quartz Flooring N. A. as executive vice president and part owner.
Berkshire Hathaway Reports Lower Net Income
Omaha, NE, May 2, 2011 -- Berkshire Hathaway Inc., parent company of Shaw Industries, said first-quarter profit fell 58%, mostly on losses in its insurance units.
Mohawk Displays at Major Home Shows
Dalton, GA, May 2, 2011 -- Mohawk, in conjunction with major consumer publications, participated in four large consumer home shows this season.
U.S. Manufacturing Continues To Expand
Washington, DC, May 2, 2011 -- U.S. manufacturing recorded its 21st consecutive month of expansion in April, according to the Institute for Supply Management index.
Shaw Rolls Out HGTV Branded Products
Dalton, GA, May 2, 2011 -- Shaw Floors recently hosted a launch event in New York City to mark the introductions of the HGTV Home Flooring by Shaw collection to the consumer press.