So What Happened to the Armstrong Auction?
New York, NY, July 25, 2007--Is anyone still interested in buying Armstrong World Industries?
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.
New Home Sales Off 6.6% in June
Washington, DC, July 26, 2007—New Home sales in June fell 6.6 percent to an annual pace of 834,000, according to the Commerce Department said today in Washington.
Tarkett 2006 Earnings Up 4.5%
Paris, France, July 26, 2007--The Tarkett Group said its net profits grew 4.5% in 2006, despite costs associated with reorganizing its operations in the U.S. and Western Europe, and challenging economic conditions.
Wear-Dated Enhances Website
St. Louis, MO, July 24, 2007 -Wear-Dated Rewards for Life participants will now benefit from expanded options at the new WearDatedRewards.com website.
Jobless Claims Off 2,000
Washington, DC, July 27, 2007--Applications for initial jobless claims fell by 2,000 to a seasonally adjusted 301,000 for the week ended July 21, falling for three consecutive weeks, according to the Labor Department.
Durable Goods Orders Up 1.4%
Washington, DC, July 26, 2007—Orders for durable goods rose by 1.4% in June, according to a report from the Commerce Department.
3M 2Q Earnings Up
St. Paul, MN, July 26, 2007--3M Co. posted a higher quarterly profit driven by strong results in the safety and security, and health care businesses.
828 International Intros Quartet of Styles
Greenville, SC, July 26, 2007—828 International’s Tibetan Collection of hand-knotted rugs has long been favored for its sumptuous hand, thick wool pile, silk-like accents.
Dow Chemical 2Q Earnings Up 2%
Midland, MI, July 26, 2007--Dow Chemical said its second-quarter profit rose 2% as strong international growth offset weakness in the North American housing and automotive sectors.
D.R. Horton Reports 3Q Loss
Fort Worth, TX, July 26, 2007--D.R. Horton posted a deep loss in the fiscal third-quarter as the homebuilder recorded enormous charges to write down the value of unsold inventory and deposits on land.