Consumer Sentiment Off May
Ann Arbor, MI, May 26, 2006--Consumer sentiment fell in May, a report showed on Friday.
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Home Depot Investors Criticize CEO Pay, Arrogance
Atlanta, GA, May 26, 2006--Home Depot shareholders had harsh words for chairman and chief executive Robert Nardelli on Thursday, but rejected a proposal that would let investors cast an advisory vote on executive pay packages.
1Q Commercial/Multifamily Originations Up 34%
Washington, DC, May 26, 2006--During the first quarter of 2006 commercial and multifamily mortgage bankers' loan originations increased 34.2 percent compared to the same quarter last year, according to the Mortgage Bankers Association (MBA).
Robina Adds Baseball Star to Sales Force
Kennesaw, GA, May 26, 2006--Robina Floors announced the addition of Matt Murray to the sales team. Matt will be the territory manager for Georgia where he will take care of retailers’ needs directly.
Lowe's Announces 2-for-1 Stock Split
Charlotte, NC, May 25, 2006--Lowe's board of directors has announced a two- for-one split of its common shares. Shareholders will receive one additional share for each share held as of the June 16, 2006 record date.
Help-Wanted Advertising Index Dips
New York, NY, May 25, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America--dipped two points in April.
1Q GDP Revised Up to 5.3%
Washington, DC, May 25, 2006--The economy grew at a 5.3% annual rate in the first quarter, the Commerce Department said Thursday in its first revision of gross domestic product estimates.
House R&D Funds Vote Cheers Manufacturers
Washington, DC, May 25, 2006--In a 404 to 20 vote yesterday, the House approved the first major increase in almost 15 years for the Department of Energy Office of Science, which is responsible for the critical national laboratory system that dates to Worl
Lowe's Confident of 2006 Outlook
Charlotte, NC, May 25, 2006--Today at its annual meeting of shareholders, Lowe's Chairman, president and CEO Robert A. Niblock said the company remains confident in its outlook for 2006.
Existing-Home Sales Slip in April
Washington, DC, May 25, 2006--Existing-home sales eased in April on the heels of a two-month rebound, according to the National Association of Realtors.