Durable Goods Orders Up 2.5%
Washington, DC, March 28, 2007--Orders for durable goods climbed 2.5% in February as defense and non-defense aircraft orders bounced back following big declines to start off the year.
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.
Beazer Homes Cooperating With Investigation
Atlanta, GA, March 28, 2007--Beazer Homes USA, the sixth-largest U.S. homebuilder, on Wednesday said it is cooperating with federal prosecutors in a probe relating to its mortgage business.
Pergo Schedules Annual Meeting
Trelleborg, Sweden, March 28, 2007--Pergo today said its annual general meeting is to be held on April 27, 2007 at 13.00 CET, in the Stockholm Hall, World Trade Center, Kungsbron 1, Stockholm, Sweden.
Hooker Hopes Earnings Improve on Cost Cutting
High Point, NC, March 28, 2007--Hooker Furniture said it expects earnings to improve over the next year -- even if furniture sales are flat -- largely from cost cuts, its chairman and chief executive said.
Topps Tiles Expects 1H Earnings to be Off
London, England, March 28, 2007--Topps Tiles PLC., the UK's largest tile and wood flooring specialist, said it expects its first-half pretax profit to be about 18.3 mln stg against 20.3 mln a year ago.
Dubai Woodshow 2007 Seen as a Success
Dubai, United Arab Emirates, March 28, 2007--Strategic Marketing & Exhibitions, organizers of the Dubai Woodshow 2007 have deemed the event a success. The three-day show totaled USD 50 million in deals closed.
Shaw Contract Donates to Alzheimer's Association
Dalton, GA, March 27, 2007--Shaw Contract Group will donate 1% of sales on its Colour of Life Collection to the Alzheimer’s Association.
Faus Licenses Embossed-In-Register to ChinaFloor
Calhoun, GA, March 27, 2007--Faus Group, said today that it had granted to ChinaFloors Timbers Co. Ltd. a patent license on the Embossed-In-Register and JointGuard/ bevel edge technologies.
Consumer Confidence Dips in March
New York, NY, March 27, 2007--Consumer confidence dropped in March for the first time in five months, the Conference Board reported Tuesday.
Home Price Index Falls in January
New York, NY, March 27, 2007--According to the Standard & Poor's/Case-Shiller Home Price Index of ten metropolitan areas, the prices of existing single-family houses extended their slide in most regions in January.