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New York, NY, September 18, 2007—Chain store sales were off 1.1% in the week ended September 15 from the prior level, according to the International Council of Shopping Centers-UBS Retail Chain Store Sales Index.
New York, NY, September 18, 2007--Foreclosure filings rose 36% in August from July and 115% from a year ago.
Washington, DC, September 18, 2007—The producer price index fell 1.4% in August, the largest drop in the index since October, according to the Labor Department.
Chicago, IL, September 18, 2007--Chief financial officers at leading U.S. retailers are predicting 5.6% growth for 2007, according to a new study by BDO Seidman, LLP.
Red Bank, NJ, September 18, 2007--Home builder Hovnanian, which held a nationwide three-day sale to lower its inventory of unsold homes, said on Monday the weekend event was a success, sending its shares up as much as 5.5%.
Kennesaw, GA, September 18, 2007--Mohawk Industries will be the feature of an upcoming prime time special “Going Green” on WSB-TV2, the Atlanta-based ABC Network affiliate.
Washington, DC, September 18, 2007--Leaders of America's top companies expect some softening of U.S. economic conditions in the next six months.
Washington, DC, September 18, 2007--The National Association of Home Builders (NAHB) called on the House of Representatives to approve legislation that would allow the FHA to insure more home loans and address problems in the subprime mortgage market.
Fairlawn, OH, September 18, 2007—Omnova Solutions in the third quarter reported net earnings that increased 36% to $4.5 million, or $0.11 a share, from $3.3 million, or $0.08 a share in the year-ago period.
Dalton, Ga.- September 14, 2007 – Shaw Industries Group, Inc. said it will purchase The Anderson Family of Companies based in Clinton, South Carolina.