Analyst Puts 'Buy' Rating on Lumber Liquidators
New York, NY, December 20, 2007--Analyst Piper Jaffray initiated coverage on Lumber Liquidators with a "buy rating and a $15 price target.
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.
Tandus Showroom Gets LEED Certification
Dalton, GA, December 20, 2007--Tandus' new Atlanta Showroom has been awarded LEED Silver certification by the U.S. Green Building Council (USGBC).
StarNet Gets New Member in Pennsylvania
Darien, CT, December 19, 2007 --Giant Floor and Wall Covering Co. headquartered in Wilkes-Barre, Pennsylvania, is the newest member of StarNet commercial flooring partnership.
Hovnanian Sees Losses Accelerate
Newark, NJ, December 19, 2007--Home builder Hovnanian Enterprises saw its fiscal fourth-quarter loss nearly quadruple.
Foreclosures Up Year over Year, Decline vs October
Irvine, CA, December 19, 2007--The number of foreclosure filings surged 68 percent nationwide compared with the same month a year ago, according RealtyTrac.
Mortgage Applications Continue Decline
Washington, D.C., December 19, 2007--Mortgage applications tumbled 19.5 percent from the previous week.
Alloc, Beaulieu, Armstrong Win Pergo Patent Fight
Chicago, IL, December 18, 2007 --Alloc Inc., Berry Wood S.A., members of Beaulieu International Group, and Armstrong World Industries won a patent infringement case brought by Pergo Inc.
Flexco Names Texas Distributor
Tuscumbia, AL, December 19, 2007--Flexco has added Hi-Tec Flooring Distributors Inc. to its distribution channel
Former WFI Employees Launch New Company
December 17, 2007--Brandywine International Hardwood LLC was launched on November 8 by several former employees of WFI Inc.
Mohawk Group Wins Evergreen Award
Kennesaw, GA, December 17, 2007—U.S. General Services Administration National Furniture Center presented The Mohawk Group the 2007 Evergreen Award during a recent reception in Washington, D.C.