UK Distributor Headlam Reports Higher Profit
London, England, March 11, 2011 -- Floorcovering products distributor Headlam Group reported a higher profit on a slight rise in revenues for 2010.
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Business Inventories Up in January
Washington, DC, March 11, 2011 -- U.S. business inventories rose 0.9% in January, the Commerce Department said Friday.
Gerflor Hits Sales Milestone for Taraflex
Chicago, IL, March 11, 2011 -- Resilient flooring firm Gerflor said it had sold 1 million square feet of its Taraflex Sports Flooring worldwide as of the end of 2010.
Tarkett Income, Sales Rise in 2010
Paris, France, March 10, 2011 -- Tarkett said its net income in 2010 grew 62% to $154 million, thanks in part to lower restructuring costs and general cost controls.
Foreclosure Notices Down Sharply in February
Irvine, CA, March 10, 2011 -- Foreclosure notices declined to a 36-month low in February, according to tracking firm RealtyTrac.
Viam To Build Tennessee PET Fiber Plant
Manchester, TN, March 10, 2011 -- Fiber manufacturer Viam Manufacturing Inc. said it will invest $32 million in a Manchester plant that will recycle plastic bottles into carpet fiber to be used in automobile applications.
European Firms Imported 6.7M Meters of Wood
Paris, France, March 10, 2011 -- European hardwood flooring firms imported a total volume of 6,713,531 square meters of wood flooring last year, according to the European Federation of Parquet Importers.
Jobless Claims Remain Below 400,000
Washington, DC, March 10, 2011 -- Initial unemployment claims rose more than expected last week, the Labor Department said.
Analyst Downgrades Lumber Liquidators
New York, NY, March 10, 2011 -- Zacks Investment Research has downgraded shares of Lumber Liquidators from a “neutral” rating to an “underperform” rating in a research note.
Rising Oil Prices Swell Trade Deficit
Washington, DC, March 10, 2011 -- Rising oil prices helped push imports up at the fastest pace in 18 years in January, according to the Commerce Department.