Mortgage Activity Up for First Time in Month
New York, NY, August 17--Applications for home mortgages climbed last week, snapping a three-week decline, as interest rates fell for the first time since June, an industry group said on Wednesday.
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.
New York, NY, August 17--Applications for home mortgages climbed last week, snapping a three-week decline, as interest rates fell for the first time since June, an industry group said on Wednesday.
Washington, DC, August 17—-Producer prices rose 1% in July due to higher energy and automobile prices, according to a Labor Department report.
Rainham, England, August 17--Britain's biggest carpet retailer Carpetright yesterday blamed weak consumer spending and disruption caused by the London bombings for a sharp fall in sales over recent weeks.
Washington, DC, August 16--Output at the nation's factories, mines and utilities rose by a modest 0.1% in July, according to a Federal Reserve report.
Atlanta, GA, August 16--Digging through 60 tons of trash taught researchers a lesson - what's good for the garbage dump, they say, also is good for Georgia's economy.
Plano, TX, August 16--J.C. Penney in the second quarter reported income from continuing operations that rose 79% to $22 million, or $0.46 a share, up from a year-ago equivalent profit of $68 million, or $0.22 a share.
Bentonville, AR, August 16--Wal-Mart reported second-quarter earnings that rose 6% to $2.8 billion, or $0.67 per share. The company reported sales that were up 10.2% to $76.8 billion.
Hattiesburg, MS, August 16-- Bio-Solutions Franchise Corp., the exclusive marketing company for Bio-Solutions Manufacturing announced that Allison & Sons, has acquired the EcoSafe Cleaning Service franchise for Houston and Harris County, Texas.
Dalton, GA, August 16--Bold graphic stripes and a visual color texture combine to create Pinstripe Tile’s stylized geometry, a new product from Patcraft Commercial Carpet.
Austell, GA, August 16--Propex Fabrics reported total net revenue that increased $10.3 million, or 6.5%, from $157.8 million in the second quarter of 2004 to $168.1 million in the three months ended June 30, 2005.