Xpress 4Q Earnings More Than Double
Chattanooga, TN, February 4-- Trucking and freight company U.S. Xpress Enterprises Inc. reported earnings more than doubled in the fourth quarter on stronger freight demand and an increase in per mile rates.
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.
Bane-Clene Celebrates 43 Years
Indianapolis, IN, February 4—-Bane-Clene is celebrating its 43rd anniversary today. On this date in 1962, Bill Bane, Jr. started a part-time office cleaning business, earning $10.00 by cleaning a local doctor's office.
Sherwin-Williams 4Q Earnings Up 16.5%
Cleveland, OH, February 4--Paintmaker and retailer Sherwin-Williams reported earnings in the fourth quarter that increased 16.5 percent on sales increases and recent acquisitions.
Carpetright CEO Buys 76,000 Shares
Rainham, England, February 4--British carpet and flooring retailer Carpetright said its founder, chairman and chief executive Lord Harris of Peckham yesterday bought 76,000 of its shares at an average price of 11.046 stg per share.
Tandus Announces Management Changes
Dalton, GA, February 4--Tandus US Inc. has announced several strategic management changes designed to enhance the company's future growth. Tandus unites three specialized floor covering brands - Monterey, C&A, and Crossley.
Pulte’s 4Q Earnings Increase 68%
Bloomfield Hills, MI, February 3--Pulte Homes reported fourth quarter earnings that rose 68 percent, boosted by an increase in home closings and prices.
Survey Confirms Value of IICRC Referral Service
Vancouver, WA, February 2--Does being an IICRC-Certified Firm really matter to consumers? Results of research done by The Institute of Inspection Cleaning and Restoration Certification (IICRC) suggest the answer is a resounding "Yes."
Housing Affordability Improves in 4Q
Washington, DC, February 3--Declining mortgage interest rates and rising family income improved housing affordability conditions in the fourth quarter, according to the National Association of Realtors.
Linens 'n Things 4Q Earnings Off, Beat Estimat
Clifton, NJ, February 3--Linens 'n Things reported fourth quarter earnings that slipped, however results beat estimates on sales that were up 11.1 percent.
Fed Ups Rates for 6th Time
Washington, DC, February 3--The Federal Reserve raised interest rates for a sixth straight time, extending a policy of gradually lifting borrowing costs to levels high enough to ward off inflation pressures.