Bernanke Shifts Focus to Inflation
Washington, DC, June 4, 2008--Federal Reserve Chairman Ben Bernanke said Tuesday he is worried about inflation and suggested that the Fed is done lowering interest rates.
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.
Hovnanian Losses Multiply Over Last Year
Red Bank, NJ, June 4, 2008--Hovnanian Enterprises Inc.'s reported a second quarter net loss of $340.7 million, or $5.49 a share, compared with a net loss of $28.1 million, or 49 cents a share, a year earlier.
Home Builders See Grim Road Ahead
New York, NY, June 4, 2008--Homebuilder D.R. Horton said Tuesday the industry could face difficult conditions until 2010.
Americhem To Raise Prices July 1
Cuyahoga Falls, OH, June 3, 2008 – Americhem, Inc., a global provider of custom color and additive solutions for polymer-based products, will raise prices for its entire product line in North America effective July 1.
Qfloors Relaunches Improved Website
Salt Lake City, UT, June 4, 2008--Qfloors recently relaunched its website, qfloors.com.
Laticrete Makes Information Available in BIM Form
Bethany, CT, June 2, 2008: Laticrete said it is the first setting materials manufacturer in the tile and stone industry to provide BIM format compatible details and information for architects and designers online at BIMWorld.com.
Invista Renovates Showroom for NeoCon
Atlanta, GA, June 4, 2008--Invista will unveil a completely renovated showroom at NeoCon 2008, created by Design Collaboratives Inc. of Chicago.
Toll Brothers Swings To Second Quarter Loss
Horsham, PA, June 3, 2008--Luxury home builder Toll Brothers reported a net second quarter loss of $93.7 million, or $0.59 per share. A year ago the company earned $36.7 million, or $0.22 per share.
Tarket Commercial Raising Commercial VCT Prices
Houston, TX, June 2, 2008 – Tarkett Commercial Tile will raise prices 5 percent on all its VCT commercial resilient flooring orders placed after July 1.
Carpet One Looking for Next Lees Spokespet
Manchester, NH, June 3, 2008--Carpet One Floor & Home stores throughout North America are searching for the next spokespet for Lees carpet.