Centex 1Q Earnings Up 24%
Dallas, July 26--Home builder and mortgage company Centex Corp. said its quarterly profit rose 24 percent, in part from higher home prices and closings, prompting the company to raise its outlook for the fiscal 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.
DuPont 2Q Earnings Off on Restructuring Charges
Wilmington, DL, July 27--DuPont Co. said its quarterly profit fell after taking charges for jobs cuts and the sale of its carpet and textiles business.
Armstrong Vinyl Brick Wins MVP Award
Lancaster, PA, July 27—Armstrong’s new Mesita brick design from the company’s Destinations vinyl collection received a prestigious Most Valuable Product (MVP) Award from Building Products magazine.
Michigan Retailer Started on the Ground Floor
Holland, MI, July 27--After spending his formative years on a dairy farm in Borculo, Ken Machiela headed to the big city, hoping to find a job.
Armstrong Gets Approval for Land Sale
Lancaster, July 27---A U.S. Bankruptcy Court judge has approved Armstrong World Industries' agreement to sell surplus land to a Landisville company, according to the Lancaster New Era.
Consumer Confidence Up Again in July
New York, July 27--The Conference Board’s Consumer Confidence Index, which increased sharply in June, posted further gains in July.
Pulte 2Q Earnings Up 54%
Bloomfield Hills, MI, July 27--Pulte Homes Inc., the No. 2 U.S. home builder said its quarterly earnings rose 54 percent, as higher home prices helped offset increased raw material costs.
Study Finds Asbestos-Related Deaths Rising
Atlanta, GA, July 27--Asbestos deaths have increased 400%, while deaths related to silicosis have dropped 70%, according to a report by the Centers for Disease Control.
Summitville Tile Prepares for Comeback
Summitville, OH, July 27-- Summitville Tiles is prepared to leave bankruptcy court protection with orders from some big-name customers, according to the Vindicator.
June New Home Sales Off 0.8%
Washington, DC, July 27--Sales of new homes fell only slightly in June from the record sales pace set last month, the Commerce Department estimated Tuesday.