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.

Home Depot Expects Earnings Growth of 10% to 14%

Charlotte, NC, Apr. 26--Home Depot Inc. Chief Financial Officer Carol Tome reiterated the home-improvement giant's forecast that earnings will grow 10% to 14% this fiscal year, excluding the impact of an accounting change.

Planners Push Green Real Estate Development

New York, NY, Apr. 26--Widespread use of green and sustainable real estate development hinges on convincing the land use industry that applying the practices makes sound business sense, from energy savings to added property value.

Existing Home Sales Rise

Washington, DC, Apr. 27--Existing single-family home sales rose strongly in March to the second-highest level on record, according to the National Association of Realtors.

DuPont's First Quarter Earnings Up

Wilmington, DE, Apr. 27--DuPont Co. said profits rose 25 percent in the first quarter on foreign exchange gains and sales of synthetic fibers and chemicals used to make electronics.

Invista Sells $675 Million Bond

London, England, Apr. 26--U.S. fiber manufacturer Invista priced a larger than expected $675 million high-yield bond on Friday, dropping a planned euro-denominated tranche, a banking source said on Monday.

Pergo Gets New CFO

Trelleborg, Sweden, Apr. 26--Pergo AB has announced that Staffan Söderqvist will take up the position as Sr VP Finance and CFO at Pergo. The preliminary starting date will be in either June or July.

Martha Stewart, Kmart Amend Deal

Troy, MI & New York, NY, Apr. 26--Kmart and Martha Stewart Living Omnimedia announced today that the companies have reached an agreement.

Amtico Names New CEO

Coventry, England, Apr. 23--Amtico International has named David Motyl as its new CEO, replacing the retired Mary Docker.