SunTrust Ups Rating on Interface to Buy
Atlanta, GA, January 11—-Interface shares jumped Monday after SunTrust Robinson Humphrey boosted its rating to a "buy," citing the low stock price and cost-cutting at the company.
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.
Dal-Tile to Build Sales, Service Center in Tenness
Chattanooga, TN, January 11--Nearly 20 years after creating Bonny Oaks Industrial and Office Park, Hamilton County has sold its last available parcel at the site, according to the Chattanooga Times/Free Press.
Study: 2004 Online Spending Jumps 26%
Reston, VA, January 11--Online consumer retail spending grew by an impressive 29 percent compared to the 2003 season, exceeding comScore Networks' initial expectation of 23 to 26 percent growth.
SMT Woods to Launch Oiled and Waxed Exotic Hardwoo
Camarillo, CA, January 10--SMT Woods said it will launch a new product line, the Renaissance Series, at Surfaces. The Renaissance Series, according to the company, is ideal for high traffic areas such as foyers and lobbies, and commercial applications su
Marlite Introduces Ceramic Alternative
Dover, OH, January 10-- Marlite has unveiled Symmetrix with Sani-Coat, a scored FRP panel coated with an exclusive sanitary sealer.
President Urges Asbestos Resolution
Washington, DC, January 10--President Bush on Friday urged Congress to pass federal legislation to resolve asbestos litigation that could end up costing U.S. companies $200 billion.
Bissell Launches New Year with Giveaway Promotion
Grand Rapids, MI, January 10--Further fueling America's home improvement craze, floor care innovator Bissell Homecare, Inc. today announced a Fab Floor Giveaway kicking off this week.
Apax the Mystery Bidder for UK’s Floors 2 Go
London, England, January 10--Apax Partners, the private equity group, is the bidder for Floors 2 Go PLC, the Sunday Times reported.
Maine Retailer also an Artist
Eliot ME, January 10--Located at the end of a typical industrial park building, Carpet by the Yard appears to be a normal small business with stacks of tile samples by the front door, according to The Portsmouth, Maine Herald.
Office Vacancy Drops in 4Q
New York, NY, January 7--Companies have contracted got more office space in the fourth quarter than they have in any quarter in the past four years, pushing vacancies down sharply.