Carpet Recycling UK Seeks Speakers
London, England, Feb. 24, 2011 -- Carpet Recycling UK, the industry-backed association for recycling and reusing waste carpet, is looking for papers for its two-day annual conference on July 5 and 6.
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.
Mortgage Rates Lower on Mideast Tension
Washington, DC, Feb. 24, 2011 -- Mortgage application volume increased 13.2% from one week earlier, according to the Mortgage Bankers Association.
Deal Sought To Reduce Mortgage Principal
New York, NY, Feb. 24, 2011 -- The Obama administration is trying to push through a settlement over mortgage-servicing breakdowns, according to the Wall Street Journal.
Mohawk Q4 Net Income More Than Doubles
Calhoun, GA, Feb. 22, 2011 -- Mohawk Industries reported fourth quarter net earnings of $46 million and diluted earnings per share of $0.66.
Architecture Billings Index Falls in January
Washington, DC, Feb. 23, 2011 -- The Architecture Billings index fell last month after two months of gains.
Lumber Liquidators Earnings Fall in Quarter
Toano, VA, Feb. 23, 2011 -- Lumber Liquidators reported that fourth quarter net income fell 17.0% to $5.9 million, or $0.21 per share, from $7.1 million, or $0.25 per share, in the fourth quarter of 2009.
National Floors Direct Seeks Damages from Empire
Boston, MA, Feb. 23, 2011 -- National Floors Direct said it is pursuing damages on an unfair business practices claim against Chicago-based Empire Today.
Chain Store Sales Up 3% Over Last Year
New York, NY, Feb. 23, 2011 -- U.S. weekly chain-store sales rose 3% compared with a year ago, according to the International Council of Shopping Centers and Goldman Sachs.
Realtors Say Home Sales Rise in January
Washington, DC, Feb. 23, 2011 -- Sales of existing homes rose 2.7% in January for the fifth monthly rise in six, the National Association of Realtors said Wednesday.
Lowe's Net Income Up 39% in Fourth Quarter
Mooresville, NC, Feb. 23, 2011 -- Lowe's reported fourth quarter net earnings of $285 million, a 39.0% increase from the same period a year ago.