Louisiana-Pacific Reports 1Q Loss
Nashville, TN, April 26, 2007--Louisiana-Pacific in the first quarter posted a loss of $37 million, or $0.36 per diluted share, compared to net income of $84 million, or $0.79 per diluted share, a year earlier.
Today's Flooring News
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Pulte Reports 1Q Loss
Bloomfield Hills, MI, April 26, 2007--Pulte Homes reported a loss of $85.7 million in the first quarter amid slumping closings on new homes and a massive inventory
Pergo Adds Fitzgerald Ad Agency
Atlanta, GA, April 24, 2007--Pergo, has selected Fitzgerald+CO as its North American advertising agency of record for its Pergo brand.
New Home Sales Up 2.6% in March
Washington, DC, April 25, 2007--New homes rose in March for the first time in three months, increasing 2.6 percent to an annual pace of 858,000 last month, according to the Commerce Department.
Durable Goods Up 3.5%
Washington, DC, April 25, 2007--Durable goods orders rose 3.4 percent in March, after a 2.4 percent gain in February, according to the Commerce Department.
Tai Ping Launches Akina Axminster Carpet
Hong Kong, China, April 25, 2007--Akina is the newest contemporary Axminster and hand tufted collection from Tai Ping. Designed with the modern hospitality sector in mind, Akina launches at HD Expo in May 2007.
Stifel Maintains Mohawk’s Hold, Raises Estimates
New York, NY, April 25, 2007--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk, while raising their estimates for the company.
RIA Elects 2007 Leaders
Columbia, MD, April 25, 2007--At its 62nd Annual Convention and Exhibition in Orlando, Florida, the Restoration Industry Association (RIA - formerly ASCR) elected its slate of officers for 2007.
NTCA Honors Outstanding Installations
Chicago, IL, April 24, 2007--For the fourth year in a row, TileLetter magazine, the official publication of the National Tile Contractors Association (NTCA), honored outstanding installations.
Merritt to Keynote Sustainability Conference
Raleigh, NC, April 25, 2007-- Randy Merritt, president of Georgia-based Shaw Industries, will be the keynote speaker for Sustainable North Carolina”s 2007 N.C. Sustainability Awards & Conference .