Number of Vacant Homes Stable from Last Year
Washington, DC, July 27, 2009--More than 18.7 million homes stood empty in the U.S. during the second quarter, a number largely unchanged from a year ago, the U.S. Census Bureau said.
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.
Aerial View of Amsterdam Depicted in Hotel Carpet
Waalwijk, The Netherlands, July 27, 2009--Underlining how good design can start on the floor, carpet manufacturer Desso has provided unique carpeting for a 215-bedroom hotel in central Amsterdam.
Oil Prices Continue To Climb on Optimism
New York, NY, July 27, 2009--Oil prices rose above $68 a barrel Monday in Asia as a rally fueled by an improving economic and corporate outlook extended into a third week.
Fed Proposes Protections for Mortgage, HE Loans
Washington, DC, July 24, 2009--The Federal Reserve has proposed extensive new consumer protections for mortgages and home-equity loans.
FEI Group Annual Conference Set Oct. 6-8
Atlanta, GA, July 24, 2009--FEI Group will hold its 2009 National Conference in Austin, Texas Oct. 6-8.
NAM Disapointed by Obama's Health Care Tax
In response to President Obama’s endorsement of a tax surcharge on small businesses to pay for health care reform, John Engler said,"The NAM is disappointed with President Obama’s endorsement of a tax on small businesses to pay for health care."
Leggett & Platt Earnings Fall in Second Quarter
Carthage, MO, July 24, 2009--Engineered component maker Leggett & Platt, Inc. reported a drop in second quarter profit, as sales dropped substantially reflecting weak sales from all its segments.
Home Builders Not Out of The Woods Yet
New York, NY, July 24, 2009--Home builders carry some big pitfalls for investors, write David Goldberg and Susan Maklari, analysts at investment bank UBS .
Tarkett Completes Purchase of Sintelon Shares
Nanterre, France, July 23, 2009--Tarkett said it has purchased nearly all the outstanding shares of Sintelon AD.
Välinge Suing Egger After Austrian Patent Ruling
Viken, Sweden, July 23, 2009--Välinge said it has decided to pursue legal action against Egger after a ruling by the Austrian Supreme Patent and Trademark Senate to nullify Välinge's European Angle-Snap Method Patent.