Home Depot Not Worried About Rising Rates
New York, NY, March 23--Home Depot Inc. doesn't expect its growth to be hurt when interest rates rise or home building slows, chief financial officer Carol Tome said Tuesday.
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.
Flexco Appoints Michael Kahn Southeast Sales Manag
Tuscumbia, AL, March 23--Flexco, a leading manufacturer of rubber, vinyl and ESD control commercial flooring, recently appointed Michael Kahn as sales manager of the company’s newly created Southeast territory.
Consumer Prices Up 0.4%
Washington, DC, March 23--The consumer price index in February rose a seasonally adjusted 0.4 percent, according to the Labor Department.
CPSC & Hellenic Rug Announce Recall
Washington, DC, March 23--The Consumer Product Safety Commission and Hellenic have said that consumers should stop using Hellenic Rug Imports’ "Mazarakis Flokati 3A" and "Mazarakis Floco" white flokati rugs immediately unless otherwise instructed.
Mohawk's Rating Cut by Legg Mason on Raw Mater
New York, March 23—-Legg Mason analysts have cut their rating on Mohawk Industries Inc. to "hold" from "buy."
Goodfellow’s 2Q Earnings Off
Delson, Quebec, March 23--Goodfellow Inc., Canada’s largest distributor of hardwood flooring, saw its net profits fall in the fiscal second quarter on lower sales.
UK's Topps Tiles Warns of Sales Declines
Cheshire, England, March 23--Topps Tiles has joined the ranks of retailers suffering in the current UK consumer downturn.
UK’s Floors 2 Go Ends Bid Talks
Birmingham, England, March 22--Floors 2 Go has pulled the plug on talks which could have led to a takeover offer, according to the Birmingham Post & Mail.
Research and Markets Offers Info on Chinese Market
Dublin, Ireland, March 22--Research and Markets has announced the addition of Chinese Markets for Building Materials 2005 to their offering.
Georgia May Permit Logging River Bottoms
Cairo, GA, March 22--A century after loggers stopped using Georgia's rivers to move their product, the state Legislature is considering a bill to let divers extract sinkers.