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
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.
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.
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.
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.