Solutia Stock Offerings To Raise $425 Million
St. Louis, MO, December 13, 2007--Solutia Inc. said that both its creditor rights and equity rights stock offerings have been over-subscribed.
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.
Shaw Sponsors 2008 HGTV Green Home Giveaway
Dalton, GA, December 12, 2007- Shaw will sponsor the 2008 HGTV Green Home Giveaway.
Producer Prices Climb Higher Than Expected
Washington, DC, December 13, 2007 - Producer prices swelled 3.2% in November, the biggest rise in 34 years, the Labor Department said.
Initial Jobless Claims Fall
Washington, DC, December 13, 2007--Initial jobless claims fell 7,000 to 333,000 in the week ended December 8.
Morgan Keegan Maintains Mohawk’s “Market Perform"
New York, NY, December 13, 2007--Analysts at Morgan Keegan reiterated their "market perform" rating on Mohawk Industries Inc , while reducing their estimates for the company.
Dow, Kuwait Oil Company, Form Joint Venture
New York, NY, December 13, 2007--Dow Chemical Co. and Kuwait Petroleum Co's Petrochemical Industries Co. will form a joint venture.
New Jersey City Considers Carpet Recycling Law
Margate, NJ, December 13, 2007-- The Margate, New Jersey City Commission is considering a law that requires carpet to be recycled, according to a story in the Press of Atlantic City.
NTCA 2008 Total Solutions Slated for Maryland
Jackson, MS, December 12, 2007--The National Tile Contractors Association (NTCA) announced that its 2008 Total Solutions Business and Technical Conference will be held next year at the Gaylord National Resort and Convention Center on the Potomac River.
Mortgage Apps Increase Last Week
Washington, DC, December 12, 2007--Mortgage applications increase 2.5% last week, according to the weekly survey by the Mortgage Bankers Association.
ISM Forecast Economic Growth to Continue in 2008
New York, NY, December 12, 2007--Economic growth in the United States will continue in 2008, say the nation's purchasing and supply management executives in their December 2007 Semiannual Economic Forecast.