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.

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.

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.

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.

SEC Opens Informal Probe of Home Depot

Washington, DC, January 12, 2006--The Securities and Exchange Commission has opened an informal investigation into charges that Home Depot Inc., inflated profits through supplier payments meant to cover the cost of damaged merchandise,

Import Prices Off 0.2%

Washington, DC, January 12, 2006--Prices of goods imported into the United States fell for the second consecutive month in December as petroleum prices dropped again, the Labor Department said Thursday.

Study: Land Key Commodity for Homebuilders

New York, NY, January 12, 2006--McGraw-Hill Construction and Deloitte & Touche USA LLP's real estate industry group issued a new report today suggesting that a "moderate slowdown in certain regions of the U.S. housing market" appears more probable tha

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.

Milliken Freezes Pensions

Spartanburg, SC, January 11, 2006--Faced with global competition and rising costs, Milliken & Co., has frozen its employee pension plan.