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.
Washington, DC, October 21, 2005—The National Retail Federation today asked President Bush to reject a tax reform panel’s recommendation that would end the corporate tax deduction for imported goods, saying the move could cost consumers more than $200 bil
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.
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.
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
Washington, DC, October 21, 2005--Frustrated that steadily increasing the federal funds rate in quarter-percentage-point increments hasn’t driven up the low long-term mortgage rates that have helped fire up the housing market in recent years.
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.
Greensboro, NC, October 20, 2005--Unifi Inc. said it is exploring various options, including a potential merger or sale of the company and restructuring of its outstanding debt.
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
Wellington, New Zealand, October 20, 2005--The canned merger between carpet-makers Feltex and Godfrey Hirst won't be revived, but sharing a wool-scouring facility or trading plants are options the rivals will explore within the next few weeks.
Washington, DC, October 20, 2005 — The American Institute of Architects (AIA) officially introduced the Architecture Billings Index.