Mortgage Apps Off in Latest Survey
Washington, DC, September 26, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 21.
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.
Spanish Tile Exports Up Through June
Castellón, Spain, September 26, 2007—The Spanish Ceramic Tile Manufacturers Association said its sector exported to 176 different countries during the first six months of 2007.
Cavalier to Acquire Norman Ellison Carpets
Wellington, New Zealand, September 26, 2007--Carpet maker Cavalier Corp. plans to acquire a majority stake in Auckland-based Norman Ellison Carpets.
H.B. Fuller 3Q Earnings Up
St. Paul, MN, Sept 26, 2007--H.B. Fuller Co reported third quarter earnings rose due to cost controls and improved sales of higher-profit margin products.
3 Winners of 2007 'Stand On A Better World" Named
Salem, NJ, September 24, 2007--Whether it's giving a child a second chance at life, helping blind children learn to read, the three recipients of the 2007 Mannington Stand On A Better World Awards are working to change the future.
Lowe's Warns at Lower End of Prior Guidance
Charlotte, NC, September 24, 2007--Lowe's said that current sales are trending below its prior expectations.
Existing Home Sales Off 4.3% in August
Washington, DC, September 25, 2007-- Existing-home sales fell 4.3% in August to a seasonally adjusted annual rate of 5.50 million units, according to the National Association of Realtors
Lennar Reports 3Q Loss
Miami, FL, September 25, 2007—Homebuilder Lennar posted a quarterly loss, weighed down by charges and write-offs in a deteriorating housing market, and said it will cut more jobs in the fourth quarter.
Chain Store Sales Off 1% Last Week
New York, NY, September 25, 2007--Chain-store sales fell 1% for the week ended September 22 compared to the prior week, according to the International Council of Shopping Centers and UBS Securities.
Home Prices Drop in Past 12-Months
New York, NY, September 25, 2007 – Data through July released today by Standard & Poor’s for its S&P/Case-Shiller Home Price Indices, the shows a continuation of negative annual returns in the 10-City Composite.