Analyst Has 'Buy' Rating on Armstrong
New York, NY, Sept. 24, 2010--Analyst Stifel Nicolaus has maintained its "buy" rating on Armstrong World Industries after the company announced reorganization of its European operations.
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.
Tandus Wins Awards at IIDEX/NeoCon Canada
Toronto, Canada, Sept. 24, 2010--Tandus products won awards at this year's IIDEX/NeoCon Canada.
Beaulieu Closing Georgia Spun Yarn Plant
Dalton, GA, Sept. 24, 2010--Beaulieu said that it will close its Royston spun yarn facility in Royston, Georgia, on November 26, while increasing production of softer BCF products at other locations.
Golf Tournament Nets $140K for FCIF
Adairsville, GA, Sept. 24, 2010--CCA Global Partners held its 8th annual Alan Greenberg Charity Golf Tournament at Barnsley Gardens in Adairsville, Georgia on September 22. Approximately 130 golfers participated in the event.
Beaulieu Closing Georgia Spun Yarn Plant
Dalton, GA, Sept. 24, 2010--Beaulieu said that it will close its Royston spun yarn facility in Royston, Georgia, on November 26, while increasing production of softer BCF products at other locations.
Armstrong Continues to Downsize in Europe
Lancaster, PA, Sept. 23, 2010--Armstrong World Industries will close two European plants as it focuses its efforts on certain products and regions where it believes it can be successful.
Analyst Has "Buy" on Armstrong After Europe Moves
New York, NY, Sept. 24, 2010--Analyst Stifel Nicolaus has maintained its "buy" rating on Armstrong World Industries after the company announced reorganization of its European operations.
August Durable Goods Orders Encouraging
Washington, DC, Sept. 24, 2010--The overall demand for durable goods fell 1.3% in August, the Commerce Department said Friday. However, when excluding the volatile transportation sector, orders rose 2% -- the best showing in five months.
New Home Sales in August Flat from July
Washington, DC, Sept. 24, 2010--New home sales in August were unchanged from July, according to the Commerce Department.
Home Resales Surge in August but Still Sub-Par
Washington, DC, Sept. 23, 2010--Existing-home sales rose in August following a big correction in July, according to the National Association of Realtors.