Bernanke Urges Banks To Ease Lending Rules
Washington, DC, Nov. 9, 2011 -- Federal Reserve Chairman Ben Bernanke is urging banks to ease tight lending standards for small businesses.
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.
Bane-Clene Marks 50 Years in Business
Indianapolis, IN, Nov. 9, 2011 -- Cleaning specialist Bane-Clene is completing its 50th year in business.
Saudi Rug Firm Opens Sales Office in Dalton
Dalton, GA, Nov. 8, 2011 -- A Saudi Arabian firm has entered the U.S. carpet and rug market from a sales office in Dalton, Ga.
Small Cities Show Most Housing Improvement
Washington, DC, Nov. 8, 2011 -- The number of improving housing markets continued to expand for a third consecutive month in November, according to the National Association of Home Builders.
Delinquent Mortgage Payments Rise in Q3
Washington, DC, Nov. 8, 2011 -- More mortgage holders fell behind in their payments during the third quarter, according to credit reporting agency TransUnion.
Goldman Upgrades Lumber Liquidators to 'Buy'
New York, NY, Nov. 8, 2011 -- The stock of hardwood flooring retailer Lumber Liquidators was upgraded by equities research analysts at Goldman Sachs to a “buy” rating in a research note issued to investors on Monday.
Builder Toll Brothers Reports Higher Q4 Sales
Horsham, PA, Nov. 8, 2011 -- Luxury homebuilder Toll Brothers reported preliminary fourth-quarter revenues and home building deliveries of approximately $427.7 million.
Empire Today Expands into Albany, N.Y.
Northlake, IL, Nov. 8, 2011 -- Empire Today said it has expanded into the Albany, New York area with its flooring.
Redi Carpet Acquires Charlotte Contractor
Staffford, TX, Nov. 7, 2011 -- Redi Carpet has acquired Solar Contract Carpet of Carolina, a multi-family flooring contractor located in Charlotte, N.C.
Berkshire Hathaway Businesses See Better Q3
Omaha, NE, Nov. 7, 2011 -- Berkshire Hathaway Inc., the parent company of Shaw Industries, said Friday that its third-quarter profit fell 24% from a year ago due to a sharp decline in the value its equity derivative contracts.