Honeywell Posts 4th Quarter Profit On Increased Sa
Morristown, NJ, Jan. 29--Honeywell International Inc. posted a fourth- quarter profit, reversing a year-earlier loss weighed down by asbestos- litigation costs.
Today's Flooring News
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Leggett Reports 4th Quarter EPS Of $.30 On Strong
Carthage, Mo, Jan. 28--Leggett & Platt Inc. said fourth-quarter net income rose 21%.
Dow Chemical Posts Profit on Higher Sales, Tax Ben
Midland, MI, Jan. 29--Dow Chemical Co. reported a profit for the fourth quarter, reversing a loss a year earlier, when merger expenses, a big asbestos charge and restructuring costs hurt the bottom line.
Shaw Living’s Modern Elements Debuts At Atlanta Ma
Dalton, GA, Jan. 28--Shaw Living unveils Modern Elements at the Atlanta International Area Rug Market, January 15th--18th.
Fed Clears Way For Future Rate Increase
Washington, Jan. 28--The Federal Reserve has freed its hands for a future increase in interest rates.
New-Home Sales Slide Again
Washington, Jan. 28--New-home sales dropped for a second straight month in December, but also turned in a strong showing for all of 2003.
Durable Orders Stay Flat
Washington, Jan. 28--In a report that could moderate the outlook for a manufacturing rebound, the U.S. Commerce Department said new orders for durable goods were flat during December from the month before, after falling 2.3% during November.
Invista Sale Boosts DuPont’s 4th Quarter Earnings
Wilmington, DL, Jan. 27--DuPont provided an encouraging outlook for its business this year when it reported Tuesday a higher fourth-quarter profit that was boosted by a one-time gain on the sale of its synthetic-fiber unit.
CARE Announces Availability of Grants for Carpet R
Dalton, GA - January 27, 2004 - The Carpet America Recovery Effort (CARE), the industry-led effort to reduce the flow of waste carpet to landfills in the United States, has announced its second grant cycle
Ohio Grants Tax Break for Formica's Relocation
Cincinnati, Jan. 27--The state has approved a tax break worth at least $600,000 to persuade Formica Corp. to move its 21-person corporate headquarters from New Jersey to downtown Cincinnati.