Morgan Keegan Confirms Mohawk’s Outperform Rating
New York, NY, May 21, 2007--Analysts at Morgan Keegan reiterate their "outperform" rating on Mohawk, while revising their estimates for the company.
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.
Lowe's 1Q Earnings Off 12%
Mooresville, NC, May 21, 2007--Lowe's in the first quarter reported net earnings of $739 million, a 12.1 percent decline versus the same period a year ago.
EcoTimber Wins Environmental Award
Anaheim, CA, May 21, 2007--EcoTimber's line of prefinished hand-scraped hardwood flooring has been awarded the Green Building Pages 2007 Sustainable Products Earth Day Award.
Pergo Clarifys CCA Severance Statement
Raleigh, NC, May 18, 2007—Earlier this week Pergo announced a change in its existing relationship with flooring retail cooperative CCA Global Partners.
Consumer Sentiment Rises in May
New York, May 18, 2007--Consumer sentiment rose in May from an eight-month low increasing to 88.7 from 87.1 in April, according to the University of Michigan's preliminary index.
Milliken Contract Launches Senior Living Line
LaGrange, GA, May 18, 2007--Milliken Carpet launched a new collection of flooring products at the Assisted Living Federation Association Conference in Dallas this week called Designed for Senior Living.
Thom Filicia to Host Karastan Seminars
Dalton, GA, MAY 18, 2007--Celebrity designer, Thom Filicia, teamed with Karastan and co-sponsor, Wear-Dated Carpet Fiber, to host “Decorating From the Floor Up” seminars at the Field Museum in Chicago (May 5) and the JKF Library in Boston (May 12).
NALFA Calls For High Quality Energy Standards
Washington, D.C., May 18, 2007--As the laminate flooring industry continues to expand, the need for quality metrics and recognition through credible certification for its products grows more critical.
NAR Promotes Employer-Assisted Housing
Washington, DC, May 18, 2007--Housing costs in many areas have continued to rise, making it increasingly difficult for many people to live near where they work, said Mike Szymanski, legislative aide to U.S. Sen. Hillary Rodham Clinton
India’s Carpet Exports to U.S. Grows
New Delhi, India, May 18, 2007--Carpet exports from India to the US grew 27% to touch Rs 1,537.51 crore during fiscal year 2005-06.