Toll Revenue Off 41% in Quarter, Urges Fed Help
Horsham, PA, Nov. 11, 2008--Toll Brothers, the nation's largest builder of luxury homes, said preliminary fourth quarter revenues were approximately $691.0 million.
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.
Oil Prices Fall To 18-Month Low on Recession Fears
New York, NY, Nov. 11, 2008--Oil prices fell to near an 18-month low at $60 a barrel Tuesday in Asia.
Invista Unveiling 'Non-Booth' at GreenBuild
Atlanta, GA, Nov. 10, 2008--Invista said it plans to take new approach to exhibiting at the U.S. Green Building Council’s (USGBC) Greenbuild Conference and Expo by using a “non-booth” concept.
Citigroup Working To Prevent Foreclosures
New York, NY, Nov. 11, 2008-- Citigroup on Tuesday released details of a plan that it said will help mortgage borrowers remain in their homes.
Forbo GreenBuild Booth To Feature Teleconferencing
Hazleton, PA, November 10, 2008--Forbo Flooring Systems is introducing at GreenBuild a new concept in booth design and trade show participation to minimize its environmental impact.
Pergo Eliminates 14 Sales Positions
Raleigh, NC, Nov. 10, 2008--Pergo North America said it has eliminated 14 specialty sales positions.
NAFCD Names New Officers, Board Members
Chicago, IL, Nov. 10, 2008--The North American Association of Floor Covering Distributors recently announced its 2009 officers and board.
New Zealand Flooring Brands Snags New Chain
Auckland, New Zealand, Nov. 11, 2008--Entrepreneur Rodney Martin’s Flooring Brands group has hit back after a mass walkout by Carpet Court franchisees last month, forming a partnership with Auckland-based flooring business Hills Flooring.
Shaw Earnings Fall in 3rd Qtr as Margins Squeezed
Omaha, NE, Nov. 10, 2008--Berkshire Hathaway Inc. on Friday reported a 77 percent drop in third-quarter earnings.
Pending Home Sales Decline; NAR Sees Brighter '09
Washington, DC, Nov. 7, 2008--Pending home sales fell 4.6 percent on the heels of a strong gain a month earlier as credit tightened and economic conditions deteriorated, according to the National Association of Realtors.