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.
UK-Based Interfloor to be Sold
Lancashire, England, August 19—-The company that owns Lancashire-based carpet underlay firm Duralay is to be sold in an £80m-plus deal, according to the Manchester Evening News.
Homebuilder Levitt Plans Acquisitions
Fort Lauderdale, FL August 19--Levitt Corp., parent of the company that built Levittown developments for U.S. soldiers returning from World War II, wants to acquire other home builders to expand its geographic reach.
Trainingspace Launches On-line Training Courses
San Francisco, CA, August 19--Trainingspace, a division of Bridgeway Media Group and Design Center Solutions, has signed its first Trainingspace charter member.
comScore Reports July 2005 Search Engine Rankings
Reston, VA, August 19--comScore Media Metrix today released its monthly qSearch analysis of activity across competitive search engines.
Mannington Products Achieve FloorScore Certificati
Salem, NJ, August 19--Mannington has achieved FloorScore certification for many of its hard surface flooring products.
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.
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.
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