Mohawk 3Q Earnings Off 5%, Beat Estimates
Calhoun, GA, October 18, 2007--Mohawk Industries, Inc. announced 2007 third quarter net earnings of $122 million and diluted earnings per share (EPS) of $1.78 (both 5% below last year).
Today's Flooring News
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Lumber Liquidators Expects To Raise $43M in IPO
Toano, Va, October 18, 2007--Lumber Liquidators has set the terms of its initial public offering, according to a Securities and Exchange Commission filing Thursday.
Monster Online Employment Up in 22 Cities
New York, NY, October 19, 2007--Online job availability rose in 22 of the top 28 U.S. metro markets in September, according to the Monster Local Employment Index.
USGBC & Real Estate Leaders Discuss Green Building
Washington, DC, October 18, 2007--The U.S. Green Building Council (USGBC) and The Real Estate Roundtable hosted the first annual USGBC Real Estate Finance Summit in New York last week.
Child Labor in India Could Affect Carpetmakers
New Delhi, India, October 19, 2007--Union Minister of State for Commerce Jairam Ramesh on Thursday warned Indian carpet manufacturers against using child labor, which could lead to a ban on exports to the United States and other Western nations.
Tucson the Next Market for Empire Today
Tucson, AZ, October 19, 2007--Empire Today has a new location in Tucson, Arizona.
Architecture Billings Index Drops
Washington, DC, October 17, 2007--Following a six point decline in August, the Architecture Billings Index (ABI) for September dropped to its lowest level since June 2006.
Deehan & Pannucci Join Florim
Clarksville, TN, October 18, 2007--Alexandra Deehan has joined Florim as a regional sales manager for the Southwest and West Coast.
Leading Indicators Up 0.3%
New York, NY, October 18, 2007—The Index of leading economic indicators increased 0.3% in September, according to the Conference Board.
Leggett & Platt Third Quarter Earnings Fall
Carthage, MO, October 18, 2007--Leggett & Platt reported a 22% drop in third-quarter earnings on lower sales. The company cut the high end of its full-year forecast, citing weaker sales.