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.
New York, NY, June 26, 2009--Oil prices rose above $71 a barrel Friday as renewed attacks on oil facilities in Nigeria raised supply concerns and as the dollar slipped further against the euro, drawing investors into commodities.
Boca Raton, FL, June 25, 2009--Q.E.P. CO. said it has filed for delisting from the NASDAQ exchange.
St. Paul, MN, June 25, 2009--H.B. Fuller Co.’s profit declined 17 percent in the second quarter of 2008, largely due to declining sales of the manufacturer’s adhesives, sealants, paints and other specialty chemical products.
Washington, DC, June 25, 2009--The Federal Reserve, offering a modestly more optimistic assessment of the economy on Wednesday, reaffirmed its policy of keeping interest rates at near zero.
Miami, FL, June 25, 2009--Lennar Corp. reported a slightly deeper quarterly loss on continuing weakness in the housing market.
Atlanta, GA, June 25, 2009--A federal judge in Atlanta is permitting dozens of product liability suits against Home Depot and the makers of a tile grout cleaner to proceed to trial on negligence claims.
Washington, DC, June 25, 2009--The Commerce Department revised its estimate for first-quarter gross domestic product to negative 5.5%.
New York, NY, June 25, 2009--Chain store sales were flat last week compared to the previous week, according to the International Council of Shopping Centers and Goldman Sachs.
Commack, NY, June 25, 2009--CBC America recently has appointed Pierce Interior Resources to market its products in the upper Midwest.
Wichita, KS, June 25, 2009--Invista is launching a new business focused on nylon engineering polymers.