Mohawk Q2 Earnings Fall 23 Percent from 2007
Calhoun, GA, July 21, 2008-- Mohawk Industries Inc. reported second quarter net earnings of $89 million and diluted earnings per share of $1.29.
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.
DuPont Earnings Higher Than Expected
Wilmington, DE, July 22, 2008--DuPont posted higher-than-expected quarterly earnings due to strong demand for its corn and soybean seeds.
Luxury Institute Says More Shoppers Using Web
New York, NY, July 21, 2008--Wealthy consumers are increasingly turning to the Internet to find the goods and services they need, but some marketers are still missing out, according to a recent report from the Luxury Institute.
Conference Board Report Shows Weakening Economy
Washington, DC, July 21, 2008--The economy may weaken further this year, according to a report from the Conference Board.
Rising Costs Taking Toll on U.S. Businesses
Washington, DC, July 21, 2008--More companies in the U.S. say they will increase prices and hold the line on hiring as rising raw-material costs hurts profits, according to the National Association for Business Economics.
Former Feltex Directors May Face Legal Action
Auckland, New Zealand, July 21, 2008--Feltex's liquidator plans to push ahead with legal action against seven former directors of the failed carpet maker, according to reports.
UK Firm Newest Starnet Member
Darien, CT, July 21, 2008 – Starnet Worldwide Commercial Flooring Partnership said its newest member is Tyndale Flooring Group Ltd. located in London, England.
'Lodge Living' New to Las Vegas Market
Las Vegas, NV, July 21, 2008--Lodge Living is a new addition for the Summer 2008 Las Vegas Market, July 28 – Aug. 1.
Shaw Alabama Plant Processing Biodiesel
Dalton, GA, July 21, 2008--Shaw Industries Plant 65 in Andalusia, Ala. has begun a facility-wide initiative to collect and use local cooking oil as a source of biodiesel.
Largest Hand-Made Carpet Needs 3,000 Sheep
Nigde, Turkey, July 21, 2008--The biggest hand-made carpet in the world was weaved in Turkey, and will be sent to Kuwait, executives of a Turkish rug weaving association said on Friday.