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.

Negre Named Faus Group Chairman

Dalton, GA, January 27, 2006--During the Board of Directors meeting of Faus Group, Spain, in December, Mr. Juan Negre, CEO, was appointed chairman of the board of directors.

Shaw Contract Group Offers School Carpet Prize

Dalton, GA, January 27, 2006--Through the "No Child Left Behind Carpet Reward," Shaw Contract Group will provide free carpet and installation to a school that has achieved the Blue Ribbon designation under the "No Child Left Behind" program.

Dow Chemical 4Q Earnings Rise

Midland, MI, January 26, 2006--Dow Chemical reported earnings for the the fourth quarter that rose on strong pricing across its performance chemicals and plastics businesses.

Durable Goods Orders Up 1.3%

Washington, DC, January 26, 2006—Orders for durable goods rose 1.3% in December, despite a large decline in aircraft orders, according to the Commerce Department.

Weekly Jobless Claims Rise 11,000

Washington, DC, January 26, 2006--First-time claims unemployment benefits rose 11,000 to a seasonally adjusted 283,000 in the week ended Jan. 21, the Labor Department said Thursday.

Foamex Adjourns Hearing on Disclosure Statement

Linwood, PA, January 26, 2006--Foamex International Inc., said today that it adjourned the hearing to consider approval of the Disclosure Statement, originally scheduled for January 26, 2006, to February 13, 2006.

Bed Bath & Beyond Board OKs Buyback Boost

Union, NJ, January 26, 2006--Bed Bath & Beyond Inc., said Wednesday that its board has approved a $200 million increase to its previously announced $400 million stock buyback program.