Initial Jobless Claim Rise Last Week
Washington, DC, Feb. 21, 2013 -- Initial jobless claims rose 20,000 to a seasonally adjusted 362,000 in the week ended Feb.16, the Labor Department said.
Today's Flooring News
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Voting Still Open in Mannington Design Contest
Calhoun, GA, Feb. 21, 2013 -- The deadline is nearing to select the winning team in Mannington Commercial's contest "Mannington Commercial Design Local: 24 Hours. 4 Cities. 1 Big Idea."
Consumer Prices Unchanged in January
Washington, DC, Feb. 21, 2013 -- Consumer prices were unchanged in January for the second month in a row, the Labor Department said.
Analyst Keeps Sell Rating on Lumber Liquidators
New York, NY, Feb. 21, 2013 -- Analyst Stifel Nicolaus has maintained its "sell" rating on shares of Lumber Liquidators despite what it calls an "outstanding" fourth quarter for the retailer.
Dixie Sales Up 8.9%, Earnings Down
Chattanooga, TN, Feb. 20, 2013 -- The Dixie Group reported a fourth quarter net loss of $415,000 or $0.03 per share, compared to a loss a year ago of $361,000 or $0.03 per share.
Housing Starts Down, Permits Up in January
Washington, DC, Feb. 20, 2013 -- Housing starts fell 8.5% in January after rising 15.7% in December, according to the Commerce Department.
Lumber Liquidators' Income, Sales Surge
Toano, VA, Feb. 20, 2013 -- Lumber Liquidators reported that fourth quarter net income increased 63.2% to $13.8 million, or $0.50 per share, from $8.5 million, or $0.30 per share, a year ago.
Toll Brothers Swings to First-Quarter Profit
Horsham, PA, Feb. 20, 2013 -- Luxury home builder Toll Brothers reported first quarter net income of $4.4 million, or $0.03 per share, compared to a net loss of $2.8 million, or $0.02 per share, a year ago.
'Good News' Publisher Bob Waugh Dies
Canton, GA, Feb. 20, 2013 -- Robert Lawson Waugh, Sr., 78, died Thursday, Feb. 14.
CRI Certifies First Foreign-Made Extractor
Dalton, GA, Feb. 20, 2013 -- The Carpet and Rug Institute's Seal of Approval program has "gone international," officials said.