Home Depot Earnings Up 9.5%; Services Up 20%
Atlanta, GA, February 22--Home Depot in the fourth quarter of 2004 reported net earnings of $1.041 billion and diluted earnings per share of $0.47, an increase of 9.5 percent.
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.
Forbo CEO Leaves Company, Shareholder Demands End
Eglisau, Switzerland, February 22--Forbo shareholder Michael Pieper has demanded that the Forbo board immediately terminate the bidding process for the company.
Tarkett Names Coker Sr. VP Residential Sales
Whitehall, PA, February 21--Tarkett Inc. has appointed Perry Coker senior vice president, residential sales. In this role Coker will oversee sales for all products in Tarkett’s Residential and Wood divisions, including FiberFloor, sheet vinyl, laminate an
Hanley Wood to Acquire Housing Data Provider
Washington, DC, February 21--Hanley Wood announced its intent to purchase Feasinomics, Inc., Florida's leading provider of housing data and consulting services.
WSJ: Federated, May Talks On Again
New York, February 18—-The Wall Street Journal reported this morning that the acquisition talks that would see Federated Department Stores buy May Department Stores are back on again.
Chicago Healthcare Architecture Firm Expands
Chicago, February 18--Jensen & Halstead Ltd., a leading Chicago healthcare architecture firm, has joined forces with Studio One Design, an interior design firm also concentrating in healthcare and senior living facilities.
Report Says Massive Amounts of Flooring Timber Sm
Jakarta, Indonesia, February 17--Environmental investigators say they have uncovered massive timber smuggling from Indonesia's Papua province to China in what they described as the world's largest logging racket involving one wood species.
Building Plastics Joins Azrock Distribution Networ
Houston, TX, February 17--Tarkett Commercial announced that Building Plastics, Inc. (BPI), of Memphis, TN, has joined the company’s distribution network and will begin distributing Azrock by Tarkett commercial flooring in the state of Texas.
Housing Starts Hit a Nearly 21-Year High
Washington, DC, February 16--Housing starts rose 4.7 percent in January to a nearly a 21-year high, according to an announcement from the Commerce Department.
WSJ: Federated & May End Merger Talks
New York, NY, February 15--Merger talks between Federated Department Stores and May Department Stores broke down after the two companies could not agree on the price, according to a report in the Wall Street Journal.