U.S. Factory Orders Decline in October
Washington, DC, Dec. 3, 2010 -- U.S. factory orders fell in October by the largest amount in five months, due to a big decline in demand for aircraft, according to the Commerce Department.
Today's Flooring News
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Pending Home Sales Surge in October
Washington, DC, Dec. 2, 2010 -- Pending home sales jumped in October, according to the National Association of Realtors.
Holiday Retail Sales Off to Strong Start
Washington, DC, Dec. 2, 2010 -- The holiday shopping season got off to a strong start with gains in most retail categories, according to a report from Mastercard Advisors' SpendingPulse.
Foreclosure Sales Fall in Third Quarter
Irvine, CA, Dec. 2, 2010 -- Although foreclosure sales made up a quarter of all home sales in the third quarter, they fell 25% from the second quarter and were down 31% from the third quarter of last year.
Armstrong Cutting Staff at Ceiling Tile Plant
Lancaster, PA, Dec. 2, 2010 -- Armstrong World Industries is cutting staff at its Beaver Falls specialty ceiling tile plant due to weak customer demand.
Toll Brothers Cuts Loss, Adds Land to Holdings
Horsham, PA,, Dec. 2, 2010 -- Toll Brothers reported fourth quarter net income of $50.5 million, or $0.30 per share, compared to a 2009 fourth quarter net loss of $111.4 million, or $0.68 per share.
Pfleiderer Subsidiary Wodego To Carry Pergo
Neumarkt, Germany, Dec. 2, 2010 -- Pfleiderer subsidiaries Wodego and Pergo have agreed on sales cooperation in Germany and Austria.
Initial Jobless Claims Rise 26,000
Washington, DC, Dec. 2, 2010 -- Initial jobless claims for unemployment benefits rose 26,000 last week to 436,000, the U.S. Labor Department reported Thursday.
Realtors Lobby Against Changing Deduction
Washington, DC, Dec. 2, 2010 -- The National Association of Realtors has weighed in on the federal debt commission's proposal to scale back the long-standing mortgage interest tax deduction.
ProSource, CFI Holding Installation Week
Kansas City, MO, Dec. 2, 2010 -- Working with the Certified Floorcovering Installers association, ProSource of Milwaukee and Franklin, Wisconsin will hold a week-long installer educational week Jan. 17-22.