Analyst Still Likes Armstrong Stock
New York, NY, Nov. 1, 2011 -- Stifel-Nicolaus has a "buy" rating on the stock of Armstrong World Industries despite weaker than expected third quarter sales.
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.
Armstrong Third Quarter Income Rises
Lancaster, PA, Oct. 31, 2011 -- Armstrong World Industries said its third quarter net income more than doubled from a year ago.
Mohawk Closing Georgia Spun Yarn Plant
Calhoun, GA, Oct. 31, 2011 -- Mohawk Industries said it will close its spun yarn plant in Rome, Ga. later this year.
Home Prices Likely To Keep Falling
New York, NY, Oct. 31, 2011 -- Home prices are likely to keep falling until the middle of next year, according to Fiserv, a financial analytics company.
Mannington Co-Hosting Healthcare Panel
Nashville, TN, Oct. 31, 2011 -- HOK Product Design, Mannington Commercial, Pallas Textiles and the University of Wisconsin Hospitals and Clinics will host a panel discussion at this year’s Healthcare Design Conference.
Growth Slows in Chicago Area Manufacturing
Chicago, IL, Oct. 31, 2011 -- Growth in Chicago area manufacturing slowed in October, according to the Chicago business barometer, also widely known as the Chicago PMI.
C&R Flooring President Wins Longevity Award
Boston, MA, Oct. 31, 2011 -- President Chris Zizza of New England’s wood floor firm C&R Flooring was the first recipient of the Longevity Honor Award presented by the Builder’s Association of Greater Boston.
Consumer Sentiment Rises in Late October
Ann Arbor, MI, Oct. 28, 2011 -- U.S. consumer sentiment improved in October, according to the Thomson Reuters/University of Michigan survey final October reading.
Flor Opens Sixth National Retail Store
Chicago, IL, Oct. 28, 2011 -- Carpet tile firm Flor said it has opened its newest retail location in Houston.
Consumer Spending Increases Again in September
Washington, DC, Oct. 28, 2011 -- The Commerce Department said on Friday that consumer spending increased 0.6% in September after a 0.2% gain in August.