Consumer Sentiment Inches Up in July
Ann Arbor, MI, July 29--Consumer sentiment rose in late July, according to the University of Michigan.
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.
Godfrey Hirst Awaits Merger Talks as Feltex Trims
Victoria, Australia, July 29--Carpet-maker Godfrey Hirst, which took a 5.8 per cent stake in Feltex last month and requested merger talks, says such talks are yet to get off the ground.
U.S. Xpress 2Q Earnings Off
Chattanooga, TN, July 29—-Trucking company U.S. Xpress Enterprises in the second quarter reported net income of $1.9 million, or $0.12 per diluted share, before a one-time pre-tax charge of $2.8 million related to the sale and exit of its airport-to-airpo
Tile of Spain Awards of Architecture Seeking Entri
Miami, FL, July 29-- The Spanish Ceramic Tile Association (ASCER) is pleased announce the call for entries in the 4th Tile of Spain Awards of Architecture and Interior Design.
2Q GDP Expands 3.4%
Washington, DC, July 29—-GDP rose at an annual rate of 3.4% in the second quarter, according to the Commerce Department. In the first quarter, real GDP increased 3.8%.
Floor and Decor Outlets of America Completes Finan
Atlanta, GA, July 28--Floor and Decor Outlets of America announced the closing of an equity financing that will support the company's continued expansion.
House Passes CAFTA
Washington, DC, July 28--The House narrowly approved a controversial trade agreement with Central America early Thursday, handing President Bush a hard-fought trade victory.
BlueLinx Acquires Hardwood Distributor Lane Stanto
Atlanta, GA, July 28--Building products distributor BlueLinx Holdings Inc. has purchased California-based hardwood lumber company Lane Stanton Vance (LSV).
Nebraska Furniture to Expand its Kansas City Locat
Kansas City, MO, July, 28--Nebraska Furniture Mart plans a $28 million expansion at its Kansas City, store that will more than double the size of the company’s warehouse, according to the Kansas City Business Journal.
Feltex Earnings Up Before Costs of Exiting Manager
Wellington, New Zealand, July 28--Feltex Carpets Ltd., a New Zealand- based carpet maker that may start merger talks with its biggest rival, said full-year earnings rose as it increased sales and reduced rebates to retailers.