Lowe’s Survey: Home Builders Energized for 2006
Orlando, FL, January 12, 2006--A new survey of home builders, released by Lowe's at the 2006 International Builders' Show says that the home building market is expected to have lots of energy in 2006.
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.
Jobless Claims Up 17,000
Washington, DC, January 12, 2006--First-time claims for unemployment benefits rose by 17,000 to a seasonally adjusted 309,000 in the week ending Jan. 7, the Labor Department said Thursday.
Q.E.P. Earnings Off in 3Q
Boca Raton, FL, January 12, 2006--Q.E.P. Co., in its third fiscal quarter reported net income of $283,000, or $0.08 per diluted share, compared with $1.2 million, or $0.33 per diluted share in the third quarter last fiscal year.
Hooker Furniture Earnings Off on Lower Sales
Martinsville, VA, January 12, 2006--Hooker Furniture said it quarterly profit fell 38.5 percent, hurt by a restructuring charge and lower sales.
Special Events at Domotex Add Value
Hannover, Germany, January 12, 2006--A highly attractive supporting program is in store for exhibitors and visitors at the upcoming Domotex Hannover 2006 (14 - 17 January)--the leading trade show for carpets and floor coverings worldwide.
More on Forbo’s Acquisition in China
Baar, Switzerland, January 11, 2006--Forbo has acquired 100 % of the Chinese adhesives business Victa Technology Holdings Limited.
Consumer Credit Off
Washington, DC, January 11, 2006--Consumer borrowing fell in November for a second straight month, the first time that has occurred in more than 13 years.
Radiant Floor Heating Claims Energy Savings
Atlanta, GA, January 11, 2006--With natural gas prices anticipated to rise by 35 percent this winter, many Americans are looking for ways to reduce their energy consumption by using alternative heat sources.
DuPont Cuts 4Q Guidance
Wilmington, DL, January 11, 2006--DuPont has cut its earnings guidance for the fourth quarter on hurricane-related operational disruptions as well as weak sales and higher costs in three of its businesses.
UK’s Topps Tiles Sees Gains Ahead
Cheshire, England, January 11, 2006-- Flooring specialist Topps Tiles gave shareholders cause for optimism yesterday after forecasting that 2006 would be 'less challenging' than recent months.