Carpetright Sales Fall in First Quarter
London, England, Aug. 4, 2010--Britain's specialist carpet and floor covering retailer Carpetright Wednesday said group sales for the first quarter declined 2.5%.
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Non-Manufacturing Economic Activity Grows in July
Tempe, AZ, Aug. 4, 2010--Economic activity in the non-manufacturing sector grew in July for the seventh consecutive month, according to the Institute for Supply Management.
Planned Job Cuts Fall By More Than Half
Chicago, IL, Aug. 4, 2010--Job cuts announced by U.S. employers fell by more than 50% in July from a year ago, according to outplacement firm Challenger, Gray & Christmas Inc.
Home Builder Pulte Swings to Profit
Bloomfield Hills, MI, Aug. 4, 2010--Home builder PulteGroup, Inc. reported net income of $76 million, or $0.20 per share, compared with a prior year net loss for the second quarter of $189 million, or $0.74 per share.
Manufacturing Expands for 12th Consecutive Month
Washington, DC, Aug. 3, 2010--The Institute for Supply Management said Monday its manufacturing index declined in July, to 55.5 from 56.2 in June, although the reading still indicates that manufacturing is expanding.
Chain Store Sales Up 3.9% Over 2009
New York, NY, Aug. 3, 2010--U.S. weekly chain-store sales rose 3.9% for the final week of July 2010 as compared with the same week in 2009.
Pending Home Sales Fell in June
Washington, DC, Aug. 3, 2010--Pending home sales fell 2.6% in June to a record low.
CARE Planning Fall Entrepreneur Meeting
Dalton, GA, Aug. 3, 2010--The Carpet America Recovery Effort (CARE) will hold its annual Entrepreneur Meeting on October 27 in Atlanta.
Bernanke Sees Long Road to Full Recovery
Washington, DC, Aug. 3, 2010--Federal Reserve Chairman Ben Bernanke said Monday that economic progress is being made but the road to full recovery will be a long one.
Factory Orders Decline in June
Washington, DC, Aug. 3, 2010--Factory orders fell for the second straight month in June, according to the Commerce Department.