Jobless Claims Lowest In A Month
Washington, Oct. 23--The number of workers filing first-time applications for unemployment benefits fell last week to its lowest level in one month.
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.
Faus Intros Laminate Innovation
Dalton GA, Oct. 23--Faus Group has introduced the two latest design and technology innovations in laminate floor: InterPlank Design and Microbevel.
Dow Chemical Beats Forecasts in 3rd Quarter
Midland, MI, Oct. 23-- Dow Chemical Co. reported Thursday that its third-quarter earnings more than doubled from a year earlier, easily topping Wall Street forecasts.
Construction Activity Likely to Rise 1% This Year
New York, Oct. 23-- The robust single-family housing market should help to keep total construction activity in the U.S. from falling in 2003.
Creditors Approve Burlington Restructuring Plan; R
New York, Oct. 23--WL Ross & Co. LLC announced that creditors had voted overwhelmingly in favor of its purchase of Burlington Industries upon its reemergence from Chapter 11 reorganization.
Household Debt May Be Larger Then Expected
Washington, Oct 23-- American households may be carrying much bigger financial burdens than previously reported.
Interface Reports 3rd Quarter Results
Atlanta, Oct. 22--Interface, Inc. in the third quarter of 2003 posted sales of $237.1 million, compared with $231.3 million in the third quarter 2002.
Homebuilder Centex 2nd Quarter Earnings Up 61%
Dallas, Oct 21--Home builder and mortgage finance company Centex Corp. on Tuesday said its quarterly profit rose 61 percent and raised its outlook for the fiscal year.
Armstrong Clears the Decks As Crucial Hearing Near
Lancaster, PA, Oct. 21--The strategy of Armstrong World Industries for emerging from bankruptcy protection as soon as possible seems to boil down to these four words: Let's make a deal.
Homebuilder Ryland 3rd Quarter Earnings Up 34%
Calabasas, CA Oct. 21--Ryland Group's third-quarter net income jumped 34%, as the market for new homes remains strong.