Retail Sales Stronger in February Than Expected
Washington, DC, March 12, 2010--U.S. retail sales rose unexpectedly in February, according to the Commerce Department.
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Home Furnishings Sales Up in February, NRF Says
Washington, DC, March 12, 2010 – At some point in February, almost every single state had snow on the ground, but that wasn’t enough to keep house-bound consumers from a little shopping therapy.
Congoleum Quarterly Loss Rises, Sales Fall
Mercerville, NJ, March 11, 2010--Congoleum Corp. reported a fourth quarter net loss of $8.2 million, or $0.99 per share, compared with a net loss of $6.4 million, or $0.77 per share, a year ago.
Oil Prices Higher, Up 17% Since Early February
New York, NY, March 12, 2010--Oil prices moved higher above $82 a barrel Friday after the International Energy Agency predicted a surge in Asian economic activity will make up for a fall in developed countries.
Business Inventories Flat in January
Washington, DC, March 12, 2010--Business inventories were essentially flat in January despite an eighth consecutive sales increase.
Consumer Sentiment Dips in Early March
Ann Arbor, MI, March 12, 2010--Consumer sentiment declined in early March, according the Reuters/University of Michigan index.
Pace of Foreclosures Slowing, But Danger Not Over
Irvine, CA, March 11, 2010--The rate of U.S. foreclosures appears to be slowing.
Pfleiderer Says Offices Searched in Antitrust Case
Neumarkt, Germany, March 10, 2010--Pfleiderer AG said that its offices were searched in connection with an investigation relating to possible violations of antitrust law.
NSF International Hosting Climate Policy Forums
Ann Arbor, MI, March 11, 2010--NSF International has partnered with The Climate Registry to host a series of regional climate policy forums throughout the U.S. and Canada.
Commercial Delinquencies Rose in Fourth Quarter
Washington, DC, March 11, 2010--Delinquency rates continued to increase in the fourth quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association.