Analyst Stifel Nicolaus is Bullish on Mohawk
Calhoun, GA, Dec. 13, 2013 -- Analyst Stifel Nicolaus said it is raising its 2014 earnings estimates for Mohawk Industries after meeting with the company's chief financial officer.
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.
Emser Tile Opening Two New Locations
Los Angeles, CA, Dec. 13, 2013 -- Emser Tile said it is opening two new sales and service branch locations in Baltimore and Indianapolis.
Mohawk Rolling Out New SmartStrand Campaign
Dallas, TX, Dec. 13, 2013 -- Mohawk is rolling out another marketing program featuring a yellow lab to demonstrate the stain resistance of its SmartStrand carpet.
Stainmaster Promoting Pet Carpet at Westminster
Kennesaw, GA, Dec. 13, 2013 -- Stainmaster will promote its new PetProtect carpet and cushion system at the Westminster Kennel Club show in February.
Foreclosures Fall To Multi-Year Lows
Irvine, CA, Dec. 12, 2013 -- The number of homes entering the foreclosure process or ending up repossessed by lenders has fallen to multi-year lows, according to tracking firm RealtyTrac.
Mohawk To Be Added to S&P 500
New York, NY, Dec. 12, 2013 -- Mohawk Industries will be added to the S&P 500 index after the market close on Dec. 20.
Interface Hospitality Names Marketing Execs
LaGrange, GA, Dec. 12, 2013 -- Interface Hospitality said it has hired two new sales and marketing executives.
Retail Sales Rise as Online Shopping Grows
Washington, DC, Dec. 12, 2013 -- Retail sales rose 0.7% in November, the biggest gain in five months, according to the Commerce Department.
Initial Jobless Applications Surge in Latest Week
Washington, DC, Dec. 12, 2013 -- Initial applications for unemployment benefits rose by 68,000 in the week that ended Dec. 7 to 368,000, according to the Labor Department.
Builder Hovnanian Swings to Profit in Quarter
Red Bank, NJ, Dec. 12, 2013 -- National homebuilder Hovnanian Enterprises reported fourth quarter net income was $32.8 million, or $0.21 per share, compared with a net loss of $84.4 million, or $0.59 per share, a year ago.