Ryland Warns of Q2 Loss
Los Angeles, CA, July 11, 2007--The Ryland Group warned that it expects to post a second quarter net loss of $1.25 to $1.35 per share due to continued deterioration in the housing market.
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.
New Soundproofing Carpet Pad Introduced
Chambersburg, PA, July 11, 2007--A new proprietary soundproofing carpet padding has been released by the Acoustics Division of American Micro Industries, Inc.
Johnsonite Introduces Underlock
Chagrin Falls, OH, June 11, 2007—Johnsonite nnounced the introduction of UnderLock, a clever locking system for the Triumph and Inertia multi-functional flooring lines.
Armstrong Cabinets Tops Customer Satisfaction
Lancaster, PA, July 9, 2007-- Armstrong cabinets rank highest overall among cabinet manufacturers in J.D. Power and Associates' first Cabinet Satisfaction Study.
CFI Founder Doug Amundsen, 1947-2007
Brookings, SD, July 9, 2007--CFI’s beloved Doug Amundson lost his battle with a terrible illness on July 3, 2007 at the Brookings, SD hospital
Wholesale Sales Up 1.3%
Washington, DC, July 10, 2007—Wholesale sales increased 1.3 percent in May, after a 1.5 percent increase in April, according a Commerce Department.
Sears Lowers 2Q Guidance
Hoffman Estates, IL, July 10, 2007--Sears second-quarter earnings will likely fall well below Wall Street expectations due to disappointing sales of home appliances and other products at both Sears and Kmart.
SBET: Small Business Owners Worry about Economy
Washington, DC, July 10, 2007--Those usually optimistic small-business owners are showing signs of doubt about future economic growth.
Pfleiderer Gets Buy Rating
London, England, July 10, 2007--Dresdner Kleinwort analysts placed a buy rating on timber products and infrastructure technology group Pfleiderer.
Chain Store Sales Up 0.1% Last Week
New York, NY, July 10, 2007-- Chain store sales rose 0.1 percent for the week ended July 7 from the prior week, according to the ICSC-UBS Weekly Retail Chain Store Sales Index