Lumber Liquidators Stock Loses 20% of Value Yesterday
Toana, VA, April 30, 2015—Lumber Liquidators’ stock dropped 20% yesterday, following the release of several pieces of bad news for the company.
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Construction Employment Increases in 249 of 358 Metro Markets
Arlington, VA, April 30, 2015—Construction employment expanded in 249 metro areas, declined in 56 and was stagnant in 53 between March 2014 and March 2015, according to data released by the Associated General Contractors of America.
Pending Home Sales Up 1.1% in March, Says NAR
Washington, DC, April 30, 2015—U.S. pending homes sales rose for the third straight month in March, the National Association of Realtors reports.
NWFA Announces 2015 Wood Floor of the Year Winners
St. Louis, MO, April 30, 2015—Winners of the NWFA’s 2015 Wood Floor of the Year were announced at the show’s expo.
GBCI Launches PEER Rating System To Gauge Power System Performance
Washington, DC, April 30, 2015—Green Business Certification Inc. has officially launched Performance Excellence in Electricity Renewal, a rating system designed to measure and improve sustainable power system performance.
Tandus Centiva Partners with Philips To Launch Luminous Carpets
Dalton, GA, April 30, 2015—Tandus Centiva and lighting manufacturer Philips have announced a partnership to launch Luminous Carpets, LED lighting paired with light transmissive carpet, in the North American market.
Dixie Posts 12.7% YOY Increase in Q1
Chattanooga, TN, April 29, 2015—The Dixie Group, Inc. has reported sales of $95,855,000 and a loss from continuing operations of $2,380,000, or $0.15 per share for the first quarter of 2015 ended March 28.
GDP Rise of Only 0.2% in Q1, A Sluggish Start to 2015
Washington, DC, April 29, 2015—Gross domestic product rose at a 0.2% annualized rate after advancing 2.2% the prior quarter, the Commerce Department reports.
Lumber Liquidators Replaces CFO, March Sales Down 12.8%
Toana, VA, April 29, 2015--Lumber Liquidators’ CFO Dan Terrell will be replaced on June 1.
Analyst Releases Q1 Expectations for Flooring Industry
New York, NY, April 29, 2015—Stifel Nicolaus has published its Q1 expectations ahead of the release of Q1 earnings reports.