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.

Pulte Sees 1Q Loss

Pulte Sees 1Q Loss

Bloomfield Hills, MI, April 19, 2007--Pulte Homes said it expects a first quarter loss, as new orders for homes declined amid a sagging home market.

Industrial Production Off in March

Industrial Production Off in March

Washington, DC, April 18, 2007--Industrial production dropped 0.2 percent in March as utility output fell as a result of sizable cold weather gains in February, according to a report from the Federal Reserve.

CPI Up 0.6%

CPI Up 0.6%

Washington, DC, April 18, 2007--The Consumer Price Index rose 0.6 percent in March, according to a Labor Department report.

Stanley 1Q Earnings Fall

Stanley 1Q Earnings Fall

Stankeytown, VA, April 18, 2007--Stanley Furniture said first -quarter net income dropped 69 percent due to a drop in sales and increased raw material costs.

Solutia Pays $131M in Bankruptcy Fees

Solutia Pays $131M in Bankruptcy Fees

Washington, DC, April 18, 2007--A judge has authorized Solutia Inc. to pay more than $18 million in fees to the lawyers and consultants working on its bankruptcy reorganization, raising the total over the past three years to at least $131 million.

Custom Floor Centre Merges With Ambassador

St Louis, MO, April 17, 2007--Custom Floor Centre (CFC) has merged with Ambassador Floor Co. The union creates the largest new residential and commercial flooring specialist in metro St. Louis.