Välinge Settles Patent Dispute With Mannington
Viken, Sweden, Feb. 24, 2010--Välinge has settled its patent dispute in the U.S. with laminate producer Mannington Mills.
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.
Home Depot Records Profit, Partly on Flooring
Atlanta, GA, Feb. 23, 2010--Home Depot reported a quarterly profit on Tuesday as it benefited from efforts to improve efficiency.
Home Prices Up for Seventh Straight Month
New York, NY, Feb. 23, 2010--Home prices rose for the seventh straight month in December, according to the Standard & Poor's/Case-Shiller 20-city home price index released Tuesday.
Commercial Real Estate Prices Rise in December
New York, NY, Feb. 23, 2010--Moody’s reported that U.S. commercial real estate prices rose in December for the second month in a row, according to Seeking Alpha.
Consumer Confidence Falls on Jobs Picture
New York, NY, Feb. 23, 2010--Consumer confidence fell in February to the lowest level since last April on concerns about the job market.
Groups Adopt Floor Flatness Position Statement
St. Louis, MO, Feb. 23, 2010--Two national flooring associations have endorsed a position statement on floor flatness tolerances written by the American Society of Concrete Contractors.
Commercial Real Estate Soft in Fourth Quarter
Washington, DC, Feb. 23, 2010--Fallout from the recession continued to hurt commercial real estate in the fourth quarter, according to the National Association of Realtors.
Välinge Wins Court Ruling on Patent Dispute
Viken, Sweden, Feb. 23, 2010--Välinge said it has won a key ruling in a patent dispute with Pergo over patents that Pergo has used against Välinge's licensees Berry/Alloc and Armstrong.
Most Economic Reports Last Week Were Positive
Washington, DC, Feb. 23, 2010--Last week's eight economic reports were virtually all positive.
Tennant Swings to Quarterly Profit
Minneapolis, MN, Feb. 23, 2010--Floor cleaning solutions firm Tennant Co. reported a quarterly profit of $6.7 million, or 35 cents a share, compared with a net loss of $16.9 million, or 93 cents a share, a year ago.