New Zealand’s Cavalier Reports Earnings Drop
Wellington, New Zealand, August 19--Cavalier has reported a 35% fall in its June bottom line net profit to $13.7 million and said it would struggle to match the 2005 result in the current year.
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 Increases Buyback By $1B
Atlanta, GA, August 19--Home Depot declared a second quarter cash dividend of $0.10 per share. The compnay’s board also authorized an additional $1 billion to repurchase outstanding shares, bringing the total authorized share repurchase program to $11 bil
Kohl's Outlines Growth Plans
Menomonee Falls, August 19--Kohl's is looking to nearly double its store count in an expansion move that management anticipates will ring up sales of $24 billion in the next five years.
Mannington Products Achieve FloorScore Certificati
Salem, NJ, August 19--Mannington has achieved FloorScore certification for many of its hard surface flooring products.
Pakistan Hand-knotted Carpets Exhibition Set for A
Karachi, Pakistan, August 18--Pakistan Carpet Manufacturers and Exports Association (PCMEA) Chairman Abdul Ghafoor Sajid said the regional hand-knotted carpets exhibition will be held at the Karachi Expo Centre from August 28-30.
Pergo Changes Option Program
Trelleborg, Sweden, August 18--At the Annual General Meeting on April 17, 2005, Pergo decided to implement a performance-related stock option program, according to which a total of 2,700,000 stock options should be allotted free of charge to approximately
Leading Indicators Rise 0.1% in July
Washington, DC, August 18--Leading indicators of economic activity increased 0.1% in July, suggesting "moderate growth into the fall," according to the Conference Board.
W.F. Taylor Awarded GreenGuard Certification
Atlanta, GA, August 18--The GreenGuard Environmental Institute awarded GreenGuard Indoor Air Quality Certification to W.F. Taylor's Meta-Tec Adhesive Solutions and Envirotec Healthguard Adhesives.
Domco Upgrades Website with New Features
Farnham, Quebec, August 18--Domco.com has a new look and an easy-to-navigate format that will enhance the user experience and make it easy for visitors to find the products and information.
Steuben Tile Auction Delayed
Hornell, NY, August 18--Everything Steuben Tile-related gets postponed, whether it's getting the factory open or selling the factory off, according to the Hornell Evening Tribune.