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.
Washington, DC, May 8, 2008--The number of people filing for the first time for unemployment benefits fell by 18,000 to 365,000 on a seasonally adjusted basis in the week ended May 3, the Labor Department said.
Washington, DC, May 8, 2008--According to the U.S. Institute for Supply Management's (ISM) Spring 2008 Semi-Annual Economic Forecast, the manufacturing sector is expected to grow marginally and the non-manufacturing sector will have sustainable growth.
Winterthur, Switzerland, May 8, 2008--Forbo Holding AG has informed Rieter Holding Ltd that it currently holds 223,000 registered shares in Rieter or about 5.01 percent of outstanding shares.
New York, NY, May 8, 2008--Invista has sued DuPont Co. to force the chemical company to provide three staffers it needs to defend itself in a patent dispute.
Washington, DC, May 8, 2008--Stressed consumers are turning to increasingly turning to their credit cards.
Washington, DC, May 7, 2008--Mortgage applications filed last week rose 15.6 percent compared with the previous week due to increased refinancing activity, according to the Mortgage Bankers Association.
Mercerville, NJ, May 7, 2008 -- Congoleum Corporation swung to a profit in the first quarter compared to a year ago with net income of $1.7 million or $.20 per share. However, sales declined by 3.3 percent.
Washington, DC, May 7, 2008--The House is scheduled to vote today on a broad housing rescue package aimed at preventing foreclosures by having the government step in to insure up to $300 billion in new mortgages for struggling homeowners.
New York, NY, May 6, 2008--Federal Reserve Chairman Ben Bernanke warned Monday that the growing number of late mortgage payments and home foreclosures are dangerous for the national economy.
Trevose, PA. May 7, 2008--Pure Earth Inc. said it has completed the acquisition of Nycon, Inc. and changed its name to New Nycon Inc. Terms of the transaction were not disclosed.