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.
Morris Township, NJ, October 20--Honeywell International Inc. said Wednesday that third quarter profit rose 8 percent to meet Wall Street expectations on higher sales. Quarterly earnings were up to $372 million, or 43 cents per share, from $344 million,
Washington, October 15--Producer prices edged up just 0.1 percent in September, held back by a big energy-price drop, but the cost of non-energy items picked up steam, a government report showed on Friday.
Charlotte, NC, October 12--A high-end carpet manufacturer with clients ranging from the White House to Hollywood plans to open a combination showroom and clearance center in Charlotte, according to the Charlotte Observer.
Washington, October 11--The Senate, after a weekend of behind-the-scenes negotiations, struck a deal to allow passage of a sweeping corporate tax bill and spending measures for disaster relief and homeland security.
Vancouver, British Columbia, October 8—BuildDirect said that its laminate flooring products distributed through its new wholesale channel will reach U.S. buyers at substantially lower prices.
Huntingdon Valley, PA, October 6-- Luxury homebuilder Toll Brothers Inc. said it expects to see at least 30 percent growth in net income in fiscal year 2005 on strong demand for more expensive homes as maturing baby boomers enter their peak earning years.
New York, NY, November 10, 2006--Residential loans to the riskiest borrowers are sinking into delinquency 50 percent faster in 2006 than last year, according to UBS Securities.
Atlanta, GA, November 10, 2006--As the preferred destination for area rug and home furnishings retailers worldwide and home to hundreds of the industry’s most respected and innovative area rug exhibitors, AmericasMart Atlanta serves as center stage for ar
Atlanta, GA, November 16-- Home Depot reported record third quarter fiscal 2004 net earnings of $1.3 billion, or $0.60 per diluted share, up 20 percent compared to $0.50 per diluted share for the third quarter fiscal 2003.
Ann Arbor, MI, November 12--The University of Michigan's preliminary consumer sentiment index rose to 95.5 from 91.7 in October. The increase was the first since July, and followed a four-point jump in the university's October index.