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, Apr. 21--Federal Reserve Chairman Alan Greenspan said on Tuesday that U.S. companies were regaining the power to raise prices and that a long period of worry about the potential for price deflation was over.
Chicago, IL, Apr. 20--The Chicago version of the recently split-up hardware show is generating anemic exhibitor turnout and bitter disappointment among some buyers this week.
Crossville, TN, Apr. 21--Crossville's wide variety of porcelain stone tile plus glass and metal decorative accents is now available to designers, contractors and retailers in South Florida through D & B Tile Distributors.
Manchester, NH, Apr. 21--Carpet One announces the appointment of Sands Woody, a 35-year veteran in the flooring industry, to the position of Vice President of Merchandising.
Dallas, TX, Apr. 21--U.S. home builder and mortgage company Centex Corp. on Tuesday said its net income for the quarter rose 53 percent.
Morris Township, NJ, Apr. 21--Honeywell International Inc. posted a 16.1% increase in first-quarter net income, as strong performance by all four of its operating divisions offset higher expense for its pension and other post-employment benefits.
Calhoun, GA, Apr. 21--Mohawk Industries, Inc. today announced record first quarter net earnings of $66,307,000 (59% above last year) and diluted earnings per share (EPS) of $0.98 (58% above last year) for the first quarter of 2004.
New York, NY, Apr. 19--Citing valuation concerns, Banc of America cut its rating of Federated Department Stores to "neutral" from "buy."
Williamsburg, VA, Apr. 20--Recently patented organic PVC stabilizers invented by William and Mary Chemistry Professor William Starnes can make one of the world's most valuable and widely used plastics safer and more versatile.
Plano, TX, Apr. 20--J.C. Penney Co. Inc. top executives said on Monday the retailer is looking to stores it sets up away from malls to help its finances as it adds new outlets to its operations.