Initial Jobless Claims Up, Surprising Economists
Washington, DC, Jan. 14, 2010--Initial jobless claims increased last week by the largest amount in five weeks.
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.
H.B. Fuller Earnings Results Beat Expectations
St. Paul, MN, Jan. 13, 2010--Adhesives maker H.B. Fuller Co. said fourth-quarter earnings were $24.6 million, or 50 cents per share, compared to a loss of $42.4 million, or 88 cents per share, a year earlier.
CARE Expands Membership Program
Dalton, GA, Jan. 13, 2010--The Carpet America Recovery Effort has expanded its membership program to offer carpet dealers a cost-effective opportunity to join CARE and support carpet recycling.
KB Home Swings To Fourth Quarter Profit
Los Angeles, CA, Jan. 13, 2010--KB Home said it swung to a fourth-quarter profit partly due to a tax gain.
WFCA Wins Public Relations Award
Anaheim, CA, Jan. 13, 2010--The World Floor Covering Association said it has received the Golden Thinker Award from North American Precis Syndicate, Inc.
Mortgage Applications Rise on Higher Refinancing
Washington, DC, Jan. 13, 2010--Mortgage applications rose 14.3% last week on refinancing activity as interest rates on fixed-rate mortgages fell, according to the Mortgage Bankers Association.
UK's Topps Tiles Sees Improving Sales
London, England, Jan. 12, 2010--Tile and flooring specialist Topps Tiles said said that early sales in the new year have given it confidence that the consumer is starting to spend again.
Georgia-Pacific Buying Canadian Board Plants
Atlanta, GA, Jan. 12, 2010--Georgia-Pacific is buying four compressed board factories from Canada's Grant Forest Products for $400 million, according to the Atlanta Journal-Constitution.
Mohawk Group Joins Healthcare Research Project
Marietta, GA, Jan. 13, 2010--The Mohawk Group said it has become the newest member of The Center for Health Design’s Pebble Project.
Brintons Gets Huge Indian Airport Job
Kidderminster, UK, Jan. 12, 2010--Brintons has been awarded the contract to supply all of the carpet to the brand-new Terminal 3 building that is being constructed at Indira Gandhi International Airport in Delhi, India.