Lowe's Sees 2006 EPS at Lower End of Guidance
Mooresville, NC, September 25, 2006--Lowe's after Monday's closing bell said it now expects fiscal 2006 per-share earnings at the lower end of its outlook of $2.00 to $2.07.
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.
Receiver Arrives to Initiate Feltex Sale
Wellington, New Zealand, September 25, 2006--The receiver for the carpetmaker Feltex is now in New Zealand to begin the process of finding a buyer, according to Radio New Zealand.
Philadelphia Fed Manufacturing Index Down
Washington, DC, September 21, 2006--Manufacturing in the Philadelphia region stalled in September, the Federal Reserve Bank of Philadelphia reported Thursday.
Leading Indicators Slide 0.2%
New York, NY, September 21, 2006--The Conference Board announced today that the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index increased 0.3 percent in August.
Anderson Outlines Interface Plan at Clinton Global
New York, NY, September 21, 2006--Interface Inc., chairman and founder Ray Anderson today outlined the company's plan to become a carbon neutral enterprise by the year 2020.
Lowe's Updates Canadian Expansion Plans
Toronto, Ontario, September 21, 2006--Lowe's said today the company is on track in regard to its expansion into Canada, with the opening of its first stores in the Greater Toronto Area planned for the second half of 2007.
BASF to increase Latex Prices
Charlotte, NC, September 21, 2006--BASF announced today that it has, effective September 18, 2006, or as contracts allow, raised prices by four cents per dry pound in the U.S. and Canada on all Styrofan carboxylated styrene-butadiene emulsion polymer prod
Mohawk Anniversary Month in October
Dalton, GA, September 19, 2006--Mohawk’s consumer advertising campaign is making more than 1.2 billion impressions this year.
Housing Starts Off 6% in August
Washington, DC, September 19, 2006--Housing starts were weaker than expected in August as builders adjusted to a slowing housing market. Housing starts fell 6% in August to a seasonally adjusted annual rate of 1.665 million, the lowest since April 2003.
Invista Expands Global Nylon 6,6 Capabilities
Wichita, KS, September 19, 2006--To continue to support the growing needs of its worldwide customers, Invista is expanding its nylon 6,6 intermediates and polymer capabilities globally.