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.

Lowe's Ups Share Buyback by $3B

Lowe's Ups Share Buyback by $3B

Charlotte, NC, May 25, 2007--The board of directors of Lowe's has approved an increase in its current share repurchase program of $3 billion through fiscal 2009, effective immediately.

Tricycle Celebrates 5th Anniversary

Tricycle Celebrates 5th Anniversary

Chattanooga, TN, May 25, 2007--Tricycle celebrates its fifth anniversary of incorporation this month. The company launched a transformation of the interiors industry in 2002.

S&P Revises Outlook on Six Home Builders

S&P Revises Outlook on Six Home Builders

New York, NY, May 25, 2007--Standard & Poor's changed its rating outlook on six U.S. home builders to negative from stable, citing broad housing industry challenges and other factors.

Congoleum Discusses Insurance Decision

Congoleum Discusses Insurance Decision

Mercerville, NJ, May 23, 2007--Congoleum Corp. reported that a court decision was issued in Phase I of the trial addressing disputes regarding insurance coverage for asbestos liabilities.

NALFA Calls for Adherence to Industry Standards

NALFA Calls for Adherence to Industry Standards

Washington, DC, May 23, 2007--As the laminate flooring industry continues to expand, the need for quality metrics and recognition through credible certification for its products grows more critical.