Home Prices Decline in August
New York, NY, Oct. 26, 2010 -- Prices of U.S. single-family homes fell in August, according to the Standard & Poor's/Case-Shiller home price report.
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.
Mapei CEO Squinzi Elected President of CEFIC
Deerfield Beach, FL, Oct. 26, 2010 -- Giorgio Squinzi, CEO of Mapei Group, was elected president of CEFIC, the European Chemical Industry Association.
Chain Store Sales Rise 1.9% Over 2009
New York, NY, Oct. 26, 2010 -- U.S. chain-store sales last week rose by 1.9% compared with one year ago, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Sherwin-Williams Quarterly Profit Ticks Higher
Cleveland, OH, Oct. 26, 2010 -- Sherwin-Williams reported a quarterly profit of $175.3 million, or $1.60 a share, compared with $175.2 million, or $1.51 a share, a year ago.
House Prices Rise From July to August
Washington, DC, Oct. 26, 2010 -- U.S. house prices rose 0.4% on a seasonally adjusted basis from July to August, the Federal Housing Finance Agency said Tuesday.
Tennant Cleaning Technology Spurs Higher Income
Minneapolis, MN, Oct. 26, 2010 -- Tennant Company reported third quarter net earnings of $7.5 million, or $0.39 per share, on net sales of $168.6 million.
NAR Says Housing Sales Recovery Has Begun
Washington, DC, Oct. 25, 2010 -- House resales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors.
Analysts See Higher Consumer Spending Soon
New York, NY, Oct. 25, 2010 -- Analysts are predicting that the American consumer is about to start shopping again and will lift the economy, according to a story by Bloomberg News.
NABE Sees Slower Growing Economy
Washington, DC, Oct. 25, 2010 -- Business economists say the U.S. economy should continue to grow this year but at a slower pace than they initially thought.
Oil Climbs Back Near $83
New York, NY, Oct. 25, 2010--Oil prices jumped to near $83 a barrel Monday in Asia.