Nora Systems Gets New Minority Shareholder
Salem, NH, Dec. 6, 2013 -- Intermediate Capital Group plc had taken a minority stake in rubber flooring firm Nora systems as part of a refinancing agreement.
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China Ceramics Must Add Independent Director
Jinjiang, China, Dec. 6, 2013 -- China Ceramics Co. said it has received a letter from the NASDAQ stock exchange indicating that the company's board doesn't comply with listing requirements.
Mohawk To Convert Plants for BCF Production
Calhoun, GA, Dec. 5, 2013 -- Mohawk Industries said it will convert manufacturing facilities in Dalton and Rome to handle bulk continuous filament.
Mannington Raising VCT Prices in March
Salem, NJ, Dec. 5, 2013 -- Mannington Mills said it will raise prices 4% on all of its vinyl composition tile products and tile adhesive, effective March 3.
New Members Inducted to Design Hall of Fame
New York, NY, December 5, 2013--The 29th annual Interior Design Hall of Fame was held December 4 at the Waldorf-Astoria in Manhattan.
Third Quarter GDP Revised Substantially Higher
Washington, DC, Dec. 5, 2013 -- The second estimate of third quarter economic growth was revised up to 3.6% from 2.8% by the Bureau of Economic Analysis.
Planned Job Cuts Plunge from Year Ago
Chicago, IL, Dec. 5, 2013 -- Planned job cuts in November edged down 0.9% from October but were down 21% from a year ago, according to outplacement firm Challenger, Gray & Christmas Inc.
Initial Jobless Claims Near Six-Year Low
Washington, DC, Dec. 5, 2013 -- Initial applications for unemployment benefits declined 23,000 last week to 298,000, almost a six-year low, according to the Labor Department.
Factory Orders Decline in October
Washington, DC, Dec. 5, 2013 -- U.S. factory orders in October declined on lower demand for aircraft and business cutbacks on computers, according to the Commerce Department.
IICRC Seeks Nominations for Board
Vancouver, WA, Dec. 5, 2013 -- The International Inspection, Cleaning and Restoration Council of Association (IICRCA) said it will reopen nominations for its 2013-2014 IICRCA Board of Directors.