Today's Flooring News

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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 3Q EPS Up 15%, Outlook Weak

Mooresville, NC, November 20, 2006--Lowe's reported net earnings in the third quarter of $716 million for the quarter ended November 3, 2006, a 10.8 percent increase over the same period a year ago.

Housing Starts Plunge to Six Year Low

Washington, DC, November 17, 2006--Housing starts plunged 14.6% in October to a seasonally adjusted annual rate of 1.486 million, the lowest level since July 2000, the Commerce Department estimated Friday. Building permits fell 6.3% to a seasonally adjust

Solutia's New Plan: Sell Itself Off

St. Louis, MO, November 16, 2006--After three years in reorganization Solutia is preparing to pay the piper in Bankruptcy Court. Under a dramatically revised plan. Solutia said it will sell itself off whole and hand out cash, rather than fragmented slices

Armstrong Management to Meet With Investment Commu

Lancaster, PA, November 15, 2006--Armstrong World Industries, Inc. today confirmed previously announced meetings with various members of the investment community in New York and Boston on Nov. 16 and 17, 2006.

Shaw Contract Group Intros EcoWorx Performance Bro

Denver, CO, November 15, 2006--Today at the Greenbuild International Conference & Expo, Shaw Contract Group introduced EcoWorx Performance Broadloom, the commercial carpet industry’s first fully sustainable, cradle to cradle carpet backing for broadloom c

Home Depot 3Q Earnings Off 3%

Atlanta, GA, November 14, 2006--Home Depot, in the third quarter reported net earnings that were off 3% to $1.5 billion, or 73 cents per diluted share, compared with $1.5 billion, or 72 cents per diluted share in the same period in fiscal 2005.

Armstrong to Close Hardwood Plant

Nashville, TN, November 14, 2006--A slow down in home building nationwide is being blamed in part for the pending shutdown of Armstrong World Industries hardwood flooring plant in Nashville.

Interface, Inc. Closes Public Offering

Atlanta, GA, November 10, 2006--Interface, Inc. (Nasdaq: IFSIA - News), a worldwide floorcoverings and fabrics company, today closes its public offering of 5,750,000 shares of Class A Common Stock.