Interface Stock Price Run-Up Prompts Hold Rating
New York, NY, Jan. 11, 2011 -- Analyst Stifel Nicolaus has downgraded shares of carpet tile maker Interface from "buy" to "hold" because the stock price is higher than Stifel's previous price target.
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.
Topps Tiles Sees Higher Revenues Since October
London, England, Jan. 11, 2011 -- Tile and flooring retailer Topps Tiles' sales were affected by recent poor weather but since the start of October, total revenues increased by 1.8%.
Unilin Rolls Out Locking System for Solid Wood
Bertrange, Luxembourg, Jan. 10, 2011--Flooring Industries, the intellectual property company of the Unilin Group, said it has developed a new locking mechanism for solid wooden floor panels.
Haines To Distribute Flexco Products
Tuscumbia, AL, Jan. 10, 2011 -- Rubber and vinly manufacturer Flexco has signed a distribution agreement with J. J. Haines & Company in Atlanta,
Interface Stock Gets Analyst Upgrade
New York, NY, Jan. 10, 2011 -- Zacks Investment Research has upgraded shares of modular carpet maker Interface, Inc. from a “neutral” rating to an “outperform” rating.
Georgia Inauguration To Feature Rugs, Carpets
Dalton, GA, Jan. 10, 2011 -- Mohawk and J&J Industries are sending rugs and carpet coasters to Atlanta for Georgia Gov. Nathan Deal's inaugural celebration Monday, according to the Rome News-Tribune.
Curved Wood Flooring To Debut at Domotex
Amsterdam, Netherlands, Jan. 10, 2011-- Bolefloor said it will debut at Domotex-Hannover curved wood flooring for residential and public spaces.
Boyles Furniture & Rugs Begins Liquidation
Pineville, NC, Jan. 10, 2011 -- Boyles Furniture & Rugs of North Carolina, in business since 1949, has begun a going out of business sales and everything is being liquidated, according to Benzinga.
Shaw, Beaulieu Raising Carpet Prices Feb. 1
Dalton, GA, Jan. 7, 2011 -- Carpet makers Shaw and Beaulieu have announced price increases across the board on all fiber types, beginning Feb. 1.
Dixie Says Fourth Quarter Sales Rise 24%
Chattanooga, TN, Jan. 7, 2011 -- Dixie Group told investors that sales in the fourth quarter rose 24% compared to a year ago.