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.

DomotexAsia/ChinaFloor Attendance Up

Shanghai, China, April 27, 2006--DomotexAsia/ChinaFloor 2006 was able to chalk up several new records at the end of its Shanghai run from 28 to 30 March, with organizers reporting double-digit growth rates for Asia's biggest floor coverings show.

Beazer 2Q Earnings Up, Outlook Cut

Atlanta, GA, April 27, 2006--Beazer Homes USA Inc., on Thursday posted better-than-expected earnings for the second quarter, but said orders for new homes fell and the homebuilder revised its outlook for the full-year lower.

Supreme Court Hears Mohawk/RICO Detail

Washington, DC, April 27, 2006--Yesterday the Supreme Court heard the Mohawk Industries case, probing whether federal racketeering laws, originally enacted to combat organized crime, can apply to corporations.

Dow Chemical’s 1Q Earnings Off

Midland, MI, April 27, 2006--Dow Chemical Co., reported first-quarter net income fell 10% on 3% higher revenue. Net fell to $1.21 billion, or $1.24 a share, from $1.35 billion, or $1.39, in the year-earlier period.

Pergo Holds Annual General Meeting

Stockholm, Sweden, April 27, 2006--Pergo's annual general meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet.

Interface Reports 1Q Results

Atlanta, GA, April 26, 2006--Interface, Inc., today announced results for the first quarter ended April 2, 2006. Sales in the 2006 first quarter rose 6.8% to $250.6 million from $234.7 million in the year ago period.

Congoleum Not in Compliance for Amex Listing

Mercerville, NJ, April 26, 2006--Congoleum Corp., said it has received a letter from the American Stock Exchange (Amex) indicating that it does not meet the minimum income and stockholders' equity requirements for continued listing on the Amex.

New Home Sales Jump 13.8%

Washington, DC, April 26, 2006--New home sales unexpected increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, according to a Commerce Department report.