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.
Today's Flooring News
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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.
Animation About Tennant Technology Honored
Minneapolis, MN, July 23, 2009—-Tennant Company said that its animation video featuring its ec-H2O cleaning technology has won a Bronze Telly Award in the “Effective Use of Animation” category.
Home Resales Highest Since October
Washington, DC, July 23, 2009--Resales of single-family homes and condos increased 3.6% in June to an annual rate of 4.89 million, the highest level since last October, the National Association of Realtors said Thursday.
Initial Jobless Claims Better Than Expected
Washington, DC, July 23, 2009--Initial jobless claims rose less than expected last week, and continuing jobless claims fell in the latest numbers from the Labor Department.