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.

Home Depot Upgraded by Bear Stearns

Atlanta, GA, October 21, 2005--Home Depot shares reached their highest point in more than a month Thursday after an analyst said the company's well positioned to handle the triple threat of a bursting housing bubble, higher energy prices and slowing c

Analysts See Forbo 3Q Sales Increasing

London, England, October 21, 2005--Forbo is expected to post a 3.2% rise in 3Q sales to around CHF425M from last year's CHF411.8M, according to the average of forecasts from three analysts polled by DJN.

Freddie Mac: Long-Term Rates Highest in 15 Months

Washington, DC, October 21, 2005--Freddie Mac said that long-term rates are at the highest level in 15 months, and the one-year, Treasury-indexed adjustable rate is at its highest level since July 2002 in the week ending Thursday.

Report: Wal-Mart Continues to Dominate Top Retaile

Columbus, OH, October 21, 2005--Retail Forward in its annual release of The Top 200 Retailers Worldwide reports that Wal-Mart's growing international presence is cementing the company's position at the top of the list of the world's largest re

Indian Carpet Fair Concludes

Varanasi, India, October 21, 2005--India Carpet Export, which concluded on October 17, 2005, generated a business of over Rs 1 billion during its three-day exposition at Varanasi.

Home Builders Continue OSHA Alliance to Improve Wo

Washington, DC, October 20, 2005--An ongoing working alliance between the National Association of Home Builders (NAHB) and the Occupational Safety and Health Administration (OSHA) was cemented by way of a formal re-signing ceremony attended by leaders of

Leggett & Platt 3Q Earnings Off

Carthage, MO, October 20, 2005--Leggett & Platt posted third-quarter net income of $54 million, or 28 cents a share, compared with $80.2 million, or $0.41 a share, a year earlier.