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.

Pfleiderer Will Miss Earnings, Sales Projections

Pfleiderer Will Miss Earnings, Sales Projections

Neumarkt, Germany, July 30, 2008--Pfleiderer AG. said it expects to miss its full-year sales and earnings projections by as much as 15 percent as global financial market conditions makes it harder to pass on higher raw material prices to customers.

Centex Losses Mount, Revenues Down 40 Percent

Centex Losses Mount, Revenues Down 40 Percent

Dallas, TX, July 29, 2008--Home builder Centex reported a fiscal first-quarter loss of $150.1 million, $1.21 a share, compared with a loss of $128 million, or $1.05 a share, in the same period the prior year.

Dal-Tile Buys Marble Point Stone Business

Dal-Tile Buys Marble Point Stone Business

Raleigh, NC, July 29, 2008 – Dal-Tile Corp., the nation’s largest distributor of natural stone slabs and tiles, has acquired the stone business from Marble Point Inc., a natural stone importer and wholesale distributor in Raleigh.

Foamex Extends Rights Offering

Foamex Extends Rights Offering

Linwood, PA, July 28, 2008--Foamex International said it is extending its rights offering and second lien term loan offering to Aug. 12 from the original July 24 deadline.