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.

Home Resales Fall in August

Home Resales Fall in August

Washington, DC, Sept. 24, 2008--Existing-home sales were down in August following a healthy gain in July as tight mortgage credit curtailed activity, according to the National Association of Realtors.

Lumber Liquidators To Sponsor Pro Bowlers Tour

Seattle, WA, Sept. 24, 2008--The Professional Bowlers Association said it’s signed a three-year sponsorship deal for a “multimillion-dollar” amount with Lumber Liquidators, according to the Puget Sound Business Journal.

Mortgage Help Part of Fed Bailout Package

Washington, DC, Sept. 23, 2008--Key Democrats and Bush administration officials agreed Monday to include mortgage help for stressed homeowners in the proposed $700 billion financial bailout package.

Carpetright Stock Falls on 'Cautious' Outlook

London, England, Sept. 23, 2008--Carpetright Plc had its shares slide as much as 7.1 percent in London trading after saying it remains ``cautious'' on the outlook for the year because of deteriorating financial and housing markets.

Arrmstrong CEO Named to Railroad Board

Arrmstrong CEO Named to Railroad Board

Lancaster, PA, Sept. 23, 2008--Armstrong World Industries Inc. CEO Michael D. Lockhart has been elected to the board of freight railroad operator Norfolk Southern Corp.

DuPont CEO Stepping Down

Wilmington, DE, Sept 23, 2008--DuPont's CEO Charles Holliday Jr., announced Tuesday that he is stepping down after 10 years in which he changed the company into a science-based products and services company.