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.
Washington, DC, August 17, 2007--The Fed, in an unscheduled announcement, cut its discount rate and said it's prepared to take further actions to ``mitigate'' damage to the economy from the rout in global credit markets.
Mannington is seeking votes for women who make a difference.
Las Vegas, NV, August 17, 2007--Officials with World Market Center said that Harvey Dondero will step down as chief executive officer of the company.
Seattle, WA, August 17, 2007--Nordstrom reported a slim fiscal second-quarter profit increase as expenses related to the company's credit card business cut into solid sales.
Atlanta, GA, August 17, 2007-- Beazer Homes on Thursday reaffirmed its third-quarter results with the release of unaudited financial statements.
New York, NY, August 17, 2007—Solutia, according to reports, has settled claims with former parent Monsanto, bondholders and shareholders bringing the company closer to emerging from court protection.
Washington, DC, August 15, 2007 - Highly visible problems in the housing finance system are contributing to a wait-and-see attitude among prospective home buyers and reducing builder confidence.
Boca Raton, FL, August 15, 2007--Q.E.P. Co., Inc. said that it had received a letter from the NASDAQ stock market notifying the company that it is not in compliance with Nasdaq's rules regarding the composition of its audit committee.
Washington, DC, August 16, 2007—Housing starts in July fell 6.1% to an annual rate of 1.38 million, the lowest rate in decade, according to a Commerce Department report.
The Restoration Industry Association (RIA) Fall Conference Series October 23-27 has been expanded to incorporate its three professional industry divisions: carpet, rug and textiles; environmental remediation; and disaster restoration.