Pergo Contacted by Potential Bidder
Trelleborg, Sweden, Feb. 23--The Board of Directors of Pergo has been contacted by an investor who has expressed interest to investigate the conditions for an acquisition of Pergo.
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.
Retiree Group Sues Formica
Cincinnati, OH, Feb. 22--Arguing that their former employer misled them, a group of Formica Corp. retirees filed suit Friday to prevent the laminate maker from reducing their monthly pension checks.
Martha Likely Won't Take the Stand
New York, NY, Feb. 23--Lawyers for Martha Stewart and her former Merrill Lynch & Co. broker are strongly leaning toward not putting their clients on the witness stand.
Avery Sports Turf Sees Possible Growth in Marketsh
Minneapolis, MN, Feb. 20--Avery Sports Turf, Inc., an artificial turf manufacturer, today announced that Avery does not anticipate any adverse effects from the recent announced bankruptcy filing of SRI Sports.
DuPont May Use Invista Money to Fund Deals
Boca Raton, FL, Feb. 19--DuPont Co. may use some of the $4.4 billion of proceeds from the sale of its Invista fibers unit for small acquisitions, DuPont's chief executive said on Thursday.
Martha Trial Update
New York, NY, Feb. 20--Just days after selling her ImClone Systems Inc. stock, Martha Stewart said she knew that ImClone Chief Executive Sam Waksal had been trying to dump his shares in the company, a close friend of Stewart testified.
Bhadohi is India's Carpet Center
Lucknow, India, Feb. 20--When it comes to exclusive hand-knotted woollen carpets, 'Made in Bhadohi' is the final word in quality carpets the world over.
Kmart Customer Satisfaction Scores Low
Ann Arbor, MI, Feb. 19--When it comes to customer satisfaction, Kmart Holding Corp. still sits at the bottom of the barrel among department and discount stores.
Interface Reports Loss
Atlanta, Ga, Feb. 18--Interface, Inc. today announced results for the fourth quarter and fiscal year ended December 28, 2003.
Leading Indicators Rise in January
New York, Feb 19--A key economic forecasting gauge advanced a strong 0.5 percent in January, suggesting that the economy will expand further in coming months.