Interface Sales Up Nearly 15% in Q4
Atlanta, GA, Feb. 23, 2011 -- Interface reported a fourth quarter net loss of $13.3 million, or $0.21 per share, largely due to unusual expenses, as sales rose nearly 15% from the previous year.
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.
New Home Sales Fall Below 300K Rate
Washington, DC, Feb. 24, 2011 -- New home sales in the U.S. fell in January, almost completely negating the strong gain seen in December, the Commerce Department reported.
Initial Jobless Claims Fall More Than Expected
Washington, DC, Feb. 24, 2011 -- Initial jobless claims fell more than expected last week, the Labor Department said Thursday.
Pfleiderer Makes Board Appointment
Neumarkt, Feb. 24, 2011 -- Pfleiderer AG said that Stephan Brock has been appointed to the company's supervisory board.
Foreclosures Even Better Bargains in 2010
Irvine, CA, Feb. 24, 2011 -- The differential between the average sale price of a foreclosure and other sales edged up last year, according to tracking firm RealtyTrac.
Beaulieu Holds Surfaces Press Luncheon
Las Vegas, NV, Feb. 24, 2011 -– Beaulieu of America hosted a consumer press luncheon for Surfaces and the World Floor Covering Association at Mandalay Bay Resort Hotel in Las Vegas.
Carpet Recycling UK Seeks Speakers
London, England, Feb. 24, 2011 -- Carpet Recycling UK, the industry-backed association for recycling and reusing waste carpet, is looking for papers for its two-day annual conference on July 5 and 6.
Mortgage Rates Lower on Mideast Tension
Washington, DC, Feb. 24, 2011 -- Mortgage application volume increased 13.2% from one week earlier, according to the Mortgage Bankers Association.
Deal Sought To Reduce Mortgage Principal
New York, NY, Feb. 24, 2011 -- The Obama administration is trying to push through a settlement over mortgage-servicing breakdowns, according to the Wall Street Journal.
Mohawk Q4 Net Income More Than Doubles
Calhoun, GA, Feb. 22, 2011 -- Mohawk Industries reported fourth quarter net earnings of $46 million and diluted earnings per share of $0.66.