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.

Leggett & Platt 4Q Earnings Off

Carthage, MO, January 27, 2006--Leggett & Platt Inc., said Thursday its fourth-quarter net income declined, weighed by hefty restructuring costs, as sales rose.

Dow Chemical 4Q Earnings Rise

Midland, MI, January 26, 2006--Dow Chemical reported earnings for the the fourth quarter that rose on strong pricing across its performance chemicals and plastics businesses.

Bed Bath & Beyond Board OKs Buyback Boost

Union, NJ, January 26, 2006--Bed Bath & Beyond Inc., said Wednesday that its board has approved a $200 million increase to its previously announced $400 million stock buyback program.

Marazzi Readying for IPO

Sassuolo, Italy, January 26, 2006--Italian ceramics group Marazzi is preparing to list on the Milan stock exchange.

Foamex Adjourns Hearing on Disclosure Statement

Linwood, PA, January 26, 2006--Foamex International Inc., said today that it adjourned the hearing to consider approval of the Disclosure Statement, originally scheduled for January 26, 2006, to February 13, 2006.

NLPC Decries Politicizing Asbestos

Washington, DC, January 26, 2006--The National Legal and Policy Center (NLPC) today sent an open letter to the United States Senate condemning an unnamed Democratic Party aide for comments in yesterday's Roll Call article.

Federated Projects 1Q Loss

Cincinnati, OH, January 26, 2006--Federated Department Stores said it expects to post a loss in the fiscal first quarter amid weaker sales in existing stores.

Federated to Invest in Online Sales

Cincinnati, OH, January 26, 2006--Federated Department Stores announced it plans to invest some $130 million over the next two years in infrastructure improvements and service enhancements to support continued growth of its direct-to-consumer businesses.