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.

Dixie Group Reports Narrower Quarterly Loss

Dixie Group Reports Narrower Quarterly Loss

Chattanooga, TN, Nov. 3, 2010 -- The Dixie Group reported an after-tax loss from continuing operations of $5,012,000, or $0.40 per share, compared with an after-tax loss of $38,442,000, or $3.13 per share a year ago.

Private Sector Employment Rises in October

Roseland, NJ, Nov. 3, 2010 -- Private-sector employment rose 43,000 in October, beating the experts' expectations of a 20,000 increase, according to the ADP employment report.

Mortgage Purchase Applications Up, Refi's Fall

Mortgage Purchase Applications Up, Refi's Fall

Washington, DC, Nov. 3, 2010 -- Mortgage application volume fell 5% from the previous week, as purchase applications rose while refinancing tailed off, according to the Mortgage Bankers Association.

Pulte Homes Sees Losses Widen in Q3

Pulte Homes Sees Losses Widen in Q3

Detroit, MI, Nov. 3, 2010 -- Homebuilder PulteGroup posted a third-quarter loss of $995 million, or $2.63 per share, compared with a loss of $361.4 million, or $1.15 per share, a year earlier.

Announced Job Cuts Flat in October

Announced Job Cuts Flat in October

Chicago, IL, Nov. 3, 2010 -- Downsizing activity remained flat in October, as employers announced job cuts totaling 37,986 during the month, according to outplacement firm Challenger, Gray & Christmas.

Estrie Signs Distributor Contract Finishes

Baltimore, MD, Nov. 3, 2010 -- Contract Finishes has been named the exclusive distributor of Estrie Flooring Products for Maryland, District of Columbia and Northern Virginia.