Jobless Claims Tick Down Last Week
Washington, DC, Dec. 11, 2014 -- Initial claims for unemployment benefits fell last week, according to the Labor Department.
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.
Pharr Yarns' Gosney To Retire in March
McAdenville, NC, Dec. 11, 2014 -– H. Woodrow “Woody” Gosney, carpet yarn division president for Pharr Yarns, said he plans to retire in March after nearly 43 years with Pharr.
Foreclosure Starts Rise from a Year Ago
Irvine, CA, Dec. 11, 2014 -- Year-over-year foreclosure starts increased for the first time in more than two years in November, according to tracking firm RealtyTrac.
Fuse Alliance Names Ecore Preferred Supplier
Aurora, CO, Dec. 10, 2014 -- Fuse Alliance said that Ecore Commercial Flooring has been named a preferred supplier.
Mohawk, Interface Near Top of SE Sustainability Ranking
Calhoun, GA, Dec. 10, 2014 -- Both Mohawk Industries and Interface were highly ranked on the 2014 Southeastern Corporate Sustainability Rankings.
Toll Brothers Sees Income, Revenues Surge
Horsham, PA, Dec. 10, 2014 -- Luxury homebuilder Toll Brothers posted a fourth-quarter profit of $131.5 million, or $0.71 a share, compared with a profit of $94.9 million, or $0.53 a share, a year earlier.
Omnova Solutions Raising Latex Products Prices
Beachwood, OH, Dec. 10, 2014 -- Omnova Solutions’ Paper, Carpet and Specialty Ingredients businesses will raise prices by $0.03 per dry pound on all latex products sold into North American markets, effective Jan. 1.
Mortgage Delinquencies Should Hit 8-Year Low in 2015
New York, NY, Dec. 10, 2014 -- Credit reporting agency TransUnion is predicting that the national mortgage delinquency rate will be 2.51% in 2015, which would be the lowest level since the third quarter of 2007.
Marble Institute Elects Two Directors
Oberlin, OH, Dec. 10, 2014 -- The Marble Institute of America membership elected both Joshua Levinson and Bernard Van Etten III to serve five-year terms (2015-19) on the board of directors.
Mortgage Applications Increase Last Week
Washington, DC, Dec. 10, 2014 -- Mortgage application volume rebounded last week, jumping 7.3% from the previous week, according to the Mortgage Bankers Association.