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Washington, DC, January 4, 2007--The National Association of Realtors reported that it’s pending home sales index dipped 0.5% in November, to 107.0 November from 107.5 in October. It was the third straight decline.
New York, NY, January 4, 2007--The nation’s retailers disclosed mixed same-store-sales growth in December, with lackluster results being reported by Wal-Mart. The Thomson Financial Same Store Sales Index estimate was a 3% gain in overall same-store sales
New York, NY, January 3, 2007--According to the 2007 Global Real Estate Forecast from real estate company Grubb & Ellis Co, a healthy economy will fuel growth in the U.S. office market in 2007.
Atlanta, GA, January 3, 2007--Home Depot's board of directors and Bob Nardelli said today that they have mutually agreed that Nardelli would leave his position as Home Depot's chairman, president & CEO and as a director effective January 2, 2007.
Trelleborg, Sweden, January 2, 2007--Pergo AB, said it has successfully settled the arbitration case initiated by the bankrupt estate of Witex AG against Pergo Holding BV in June 2004.
St. Louis, MO, December 29, 2006--Solutia on Thursday revealed an updated reorganization plan that includes a better deal for the bondholders: Their $455.4 million claim shifts from the general pool of unsecured debt to a special category entitling them t
New York, NY, December 28, 2006--The Conference Board Consumer Confidence Index, which was virtually unchanged in November, improved in December.
Washington, DC, December 28, 2006--Sales of existing homes rose 0.6% in November, to a seasonally adjusted annual rate of 6.28 million, the National Association of Realtors said Thursday. Inventories of unsold homes fell 1%, to 3.82 million, representing
Washington, DC, December 27, 2006--“After slowing to a ‘below-potential’ pace in recent quarters, the economy will continue decelerating toward a ‘soft landing’ in the coming year,” said David Huether, chief economist for the National Association of Manuf
Washington, DC, December 27, 2006--Sales of new homes in November rose 3.4 percent to an annual pace of 1.047 million following a 1.013 million rate the prior month, which was faster than previously reported, according to a Commerce Department report.