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.

Wellman Announces 4th Quarter Earnings

Shrewsbury, NJ, Feb. 27--Wellman, Inc. has reported a net loss from continuing operations of $98.1 million for the fourth quarter and $96.7 million for the full year ended December 31, 2003.

EU Trade Sanctions Have Dual Edge

New York, NY, Feb. 26--Trade sanctions that U.S. exporters are to start paying the European Union could top a hefty $300 million this year, but the standoff also could undermine confidence in the international body charged with resolving trade disputes.

Ban Extended On Retailers Plans To Open Bank

Washington, DC, February 1, 2007--Wal Mart, Home Depot and other large retailers seeking to run their own banks faced a tougher road Wednesday when federal regulators voted to extend a moratorium on such moves for a year.

Online Ad Index Dips

New York, NY, February 1, 2007--In January there were 3,141,800 online advertised vacancies, a largely seasonal decline of 6 percent from December, according to The Conference Board Help-Wanted OnLine Data Series released today.

Pulte Posts 4Q Loss

Bloomfield, MI, February 1, 2007--Pulte Homes reported a loss in the fourth quarter, the result of slumping home closings and a large inventory charge.

Furniture Brands 4Q Earnings Off 88%

St. Louis, MO, February 1, 2007--Furniture Brands International Inc. reported fourth-quarter earnings that dropped 88 percent on weakened sales that grew just over 1 percent.

CRI Meets ANSI Requirements for Eligibility

Dalton, GA, January 31, 2007--The Carpet & Rug Institute, (CRI) recently received word from the American National Standards Institute (ANSI) that it had met the eligibility requirements as a third party certification program and therefore is eligible to a