New Home Sales Surge in January
Washington, DC, Feb. 26, 2013 -- New home sales in January rose to the highest level since July 2008, and had their biggest monthly gain since 1993, according to the Commerce Department.
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Housing Rebound, Storm Help Home Depot
Atlanta, GA, Feb. 26, 2013 -- The Home Depot reported fourth quarter net income of $1.0 billion, or $0.68 per share, compared with net earnings of $774 million, or $0.50 per share, a year ago.
House Prices Rise Most in Seven Years
Washington, DC, Feb. 26, 2013 -- Home prices rose in December and had the largest year-over-year gain since 2006, according to the S&P/Case-Shiller home-price index.
Consumer Confidence Rises More Than Expected
New York, NY, Feb. 26, 2013 -- Consumer confidence accelerated more strongly than expected in February, according to the Conference Board.
Harley Returns to Bentley Prince Street as COO
City of Industry, CA, Feb. 26, 2013 -- Bentley Prince Street has named Jim Harley chief operating officer, effective immediately.
Tri Way Contractors Co-Founder Baddeley Dies
Los Angeles, CA, Feb, 26, 2013 -- Philemon John "Jack" Baddeley, who co-founded Tri Way Contractors, died Feb. 18.
Budget Fight Hurting Economy, Survey Says
Washington, DC, Feb. 26, 2013 -- The budget squabble in Washington is slowing the U.S. economy, according to economists surveyed by the Associated Press.
Lowe's Reports Q4, Annual Income, Sales
Mooresville, NC, Feb. 25, 2013 -- Lowe’s reported fourth quarter net earnings of $288 million and earnings per share of $0.26.
Shaw Contract Extends Design Award Deadline
Cartersville, GA, Feb. 25, 2013 -- Shaw Contract Group has extended the entry deadline for the Design Is...Award to March 1.
Stifel Maintains 'Buy' on Mohawk, Lowers Forecast
New York, NY, Feb. 25, 2013 -- Analyst Stifel Nicolaus has a buy rating on shares of Mohawk although Stifel reduced its earnings estimate for 2013.