Tennant 2Q Earnings up 37%
Minneapolis, MN, August 2, 2006—Floor maintenance equipment producer Tennant Co. in the second quarter reported a 37% increase in earnings due in part to strong international sales.
Today's Flooring News
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Solutia Europe Completes Refinancing of Euro Notes
St. Louis, August 2, 2006--Solutia Inc., announced that its subsidiary, Solutia Europe SA/NV, through its subsidiary Solutia Services International S.C.A./Comm. V.A., has successfully closed on a new EUR 200 million loan due in 2011.
Feltex Directors May Face Legal Action
Wellington, NZ, August 2, 2006--Some of Feltex's larger shareholders may take legal action against directors in the wake of the carpet maker's all but forced take-up of Australian rival Godfrey Hirst's rescue package.
Las Vegas Market Visitor Hits $12.3 Million Jackpo
Las Vegas, NV, August 1, 2006--As a surprise for his wife, Joey Penn booked a Las Vegas vacation to coincide with Las Vegas Market at World Market Center.
Personal & Spending Up
Washington, DC, August 1, 2006--Personal incomes rose 0.6% in June, outpacing the 0.4% increase in consumer spending.
Cavalier Homes Posts Lower Q2 Earnings
Addison, AL, August 1, 2006--Manufactured housing producer Cavalier Homes Inc., announced second quarter earnings of $161 thousand or $0.01 per share, compared to $769 thousand or $0.04 per share in the corresponding quarter of the prior year.
British Wool Board Welcomes Review
Bradford, England, July 31, 2006--The Wool Board said it has welcomed the announcement that DEFRA is to carry out a review of its structure and operation as both appropriate and timely.
Armstrong Sent 2 Versions of Stolen Laptop Letter
Lancaster, PA, July 28, 2006--Armstrong World Industries last week sent at least two versions of a letter to 12,000 current and former employees, alerting them that a copy of their personal information was stolen.
Consumer Confidence Slides a Fraction
Washington, DC, July 28, 2006-- Consumer sentiment was nearly unchanged in July, according to media reports Friday of proprietary research from the University of Michigan.
Employment Costs Up in Q2
Washington, DC, July 28, 2006--Compensation costs rose 0.9% in the second quarter, according to a Labor Department report.