Consumer Spending Flat in December
Washington, DC, Jan. 30, 2012 -- Consumer spending was flat in December while savings rose, according to the Commerce Department.
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Personal Income Rises in December
Washington, DC, Jan. 30, 2012 -- The Commerce Department said personal income rose 0.5% in December.
UK's Halstead Expecting Record Profits
Manchester, England, Jan. 30, 2012 -- Commercial flooring manufacturer James Halstead said it is expecting “record profits” in the current reporting period.
Ardex Rolls Out Android Smartphone App
Pittsburgh, PA, Jan. 30, 2012 00 -- Ardex Americas has rolled out an Android smartphone application.
Remodeling Sentiment Highest in Five Years
Washington, DC, Jan. 27, 2012 -- Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ Remodeling Market Index for the fourth quarter of 2011.
GDP Grew 2.8% in Fourth Quarter
Washington, DC, Jan. 27, 2012 -- The U.S. economy grew 2.8% in the final quarter of 2011, according to the Commerce Department.
Consumer Sentiment Up Fifth Straight Month
Ann Arbor, MI, Jan. 27, 2012 -- The final January reading of the University of Michigan/Thomson Reuters index of consumer sentiment reached 75.0, compared to a preliminary report of 74.0 and a December reading of 69.9.
Builder D.R. Horton Swings to Profit
Fort Worth, TX, Jan. 27, 2012 -- Builder D.R. Horton reported net income for its first fiscal quarter ended December 31 of $27.7 million, or $0.09 per share, compared to a net loss of $20.4 million for the quarter the previous year.
BASF Raising Polyamide 6 Prices in February
Wyandotte, MI, Jan. 27, 2012 - BASF will increase the price for Polyamide 6 polymer by $0.10 per pound, effective Feb. 1.
Omnova Solutions Posts Fourth Quarter Loss
Fairlawn, OH, Jan. 27, 2012 -- Chemicals company Omnova Solutions reported a fourth quarter loss after 10 straight quarters of profit.