Today's Flooring News

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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.

Solutia Expects Third Quarter Loss

St. Louis, MO, Oct. 9--Solutia, Inc. indicated that it expects an after-tax loss in the range of $1.65 to $1.70 per share for the third quarter.

Federated Sales Strong

New York, NY, Oct. 9--Federated Department Stores, parent of the Macy's and Bloomingdale's department stores, on Thursday posted a 3.2 percent rise in September sales at stores open at least a year and raised its third-quarter profit forecast.

Judge Questions Case Against Martha

New York, NY, Oct. 9--A federal judge mocked the criminal case against Martha Stewart, then handed her a victory by allowing her lawyers to question key government witnesses before her big trial in January, court papers show.

Growth In Home Sales Expected Next Year

Washington, DC, Oct. 7--Even with an expected acceleration in economic growth, inflation should remain low. That will maintain a low level of mortgage interest rates and keep housing near historic highs in 2004.

Martha's Ex-Broker Wants Separate Trial

New York, NY, Oct. 8--A former Merrill Lynch & Co. broker indicted along with homemaking icon Martha Stewart on obstruction charges has requested a separate trial from his high-profile co-defendant.

Plywood Costs Double

Atlanta, GA, Oct. 8--An extremely rainy spring in the South has left plywood in short supply and has driven costs through the roof.

AFPF Publishes Installation Guidelines

Arlington, VA, Oct. 8--The Alliance for Flexible Polyurethane Foam (AFPF) has just published Installation Guidelines for Commercial Carpet and Commercial Bonded Polyurethane Carpet Cushion.

Lowe's Eyes Europe

Wilkesboro, NC, Oct. 8--Lowe's executives are in Europe this week, meeting with retailers including Kingfisher, a British chain Home Depot is interested in acquiring.