Analyst Gives Lumber Liquidators 'Buy' Rating
New York, NY, Aug. 19, 2013 -- Analyst Jefferies has begun its coverage of Lumber Liquidators with a "Buy" rating and $115 price target.
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.
Invista Looking at Bio-Derived Butadiene
Wichita, KS, Aug. 19, 2013 -- Invista and computational biology company SilicoLife said they have formed a collaboration for the development of new technologies.
Hoco Using Latest Valinge Locking Technology
Viken, Sweden, Aug. 19, 2013 -- Hoco, a Välinge licensee, is using Valinge's 5G fold down technology on its product range.
Re/Max Files for Initial Public Stock Offering
New York, NY, Aug. 19, 2013 -- In perhaps another sign the housing rebound is sustainable, Re/Max Holdings Inc. has filed for a U.S. initial public stock offering .
Fannie, Freddie Ignoring Potential Losses
Washington, DC, Aug. 19, 2013 -- Fannie Mae and Freddie Mac are allegedly ignoring billions of dollars in potential losses on delinquent loan, according to a government auditor's report, Bloomberg News said.
Oil Price Falls as Traders Consider Egypt
Washington, DC, Aug. 19, 2013 -- Oil prices fell below $107 a barrel Monday.
Housing Starts, Permits, Both Rise in July
Washington, DC, Aug. 16, 2013 -- Construction starts and building permits both rose in July, according to the Commerce Department.
Florida Tile Promotes Two Marketing Executives
Lexington, KY, Aug. 16, 2013 -- Florida Tile has made two changes to its sales and marketing organization due to recent growth in it independent and commercial divisions, the company said.
Consumer Sentiment Falls from Six-Year High
Ann Arbor, MI, Aug. 16, 2013 -- Consumer sentiment in August declined from last month's six-year high, according to the Thomson Reuters/University of Michigan index.
All-Cash Home Sales Rise Dramatically
New York, NY, Aug. 16, 2013 -- More than half of all homes sold last year and this year have been financed without a mortgage, according to a story in the Wall Street Journal.