Barclay's Reiterates 'Overweight' Rating on Mohawk
New York, NY, Aug. 6, 2014 -- Barclays has reissued an overweight rating on shares of Mohawk Industries.
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.
Small Increases in Price Hurt New Home Market
Washington, DC, Aug. 6, 2014 -- Each $1,000 increase in the cost of a new median-priced home price forces 206,000 prospective buyers out of the marketplace, according to a new study by the National Association of Home Builders.
Mortgage Application Volume Rises on Refinancing
Washington, DC, Aug. 6, 2014 -- Mortgage application volume rose last week as refinancing applications increased, according to the Mortgage Bankers Association.
Leonardo Academy Moves to New Office
Madison, WI, August 6, 2014 -- Leonardo Academy's Madison, Wisconsin office has moved to a new location at 8401 Excelsior Drive.
Services Sector Growth Fastest in Nine Years
Tempe AZ, Aug. 5, 2014 -- The services sector of the economy grew in July at the fastest pace in nine years, according to the Institute for Supply Management.
Factory Orders Spike in June
Washington, DC, Aug. 5, 2014 -- Factory orders surged in June by 1.1%, the Commerce Department said.
Latricrete Acquires Resinous Flooring Firm Spartacote
Bethany, CT, Aug. 5, 2014 -- Laticrete International said it has acquired HP Spartacote.
Kansas City Interiors Icon Bernie Madden Dies
Leawood, KS, Aug. 5, 2014 -- William Bernard "Bernie" Madden, owner of Madden McFarland Interiors died Aug. 1.
Flooring America's Rebranded Meeting Underway
Dallas, TX, Aug. 5, 2014 -- Flooring America/Flooring Canada, a division of CCA Global Partners, has kicked-off conneXtion, its newly branded bi-annual meeting that connects its more than 500 independent floor covering retailers.
Flooring Firm Fire Ruled Spontaneous Combustion
Chesterfield County, VA, Aug. 5, 2014 -- A July fire at Better Floors has been ruled a "spontaneous combustion" incident by investigators.