Wal-Mart's Profit Rises
Bentonville, AR, Feb. 19--Wal-Mart Stores’ fiscal fourth-quarter profit rose 8.5% amid steady sales growth.
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Leading Indicators Rise in January
New York, Feb 19--A key economic forecasting gauge advanced a strong 0.5 percent in January, suggesting that the economy will expand further in coming months.
Interface Reports Loss
Atlanta, Ga, Feb. 18--Interface, Inc. today announced results for the fourth quarter and fiscal year ended December 28, 2003.
AFL-CIO to Fight GE, Home Depot over Langone
New York, NY, Feb. 19--The investment office of the AFL-CIO has been pressing General Electric Co. and Home Depot Inc. to drop Kenneth Langone from their boards since September.
Paint & Decorating Show Joins National Hardware Sh
Fenton, MO, Feb. 18--The Paint & Decorating Retailers Association (PDRA) show is moving in with National Hardware Show, May 10-12, 2004 at the Sands Expo and Convention Center in Las Vegas.
Judge: Faneuil's Friends Can Testify
New York, NY, Feb. 18--Friends of the star witness in the Martha Stewart trial will be allowed to tell jurors what he confided to them just after the domesticity maven dumped ImClone Systems stock, a judge has ruled.
AstroTurf Maker Files Bankruptcy
Leander, TX, Feb. 17--AstroTurf-maker Southwest Recreational Industries Inc., which installed an artificial playing surface at the Louisiana Superdome, has filed for bankruptcy protection and is going out of business.
Housing Market Index Off in February
Washington, DC, Feb. 17--Unusually bad winter weather across much of the country was at least partly to blame for a four-point decline in the National Association of Home Builders’ Housing Market Index (HMI) for February, released today.
January Housing Starts Fall
Washington, DC, Feb. 18--Home construction took its first fall in five months in January, making a larger-than-expected drop that was accompanied by a decrease in building permits.
Jobs Secure at Invista’s Seaford Plant
Seaford, DE, Feb. 18--Jobs at Invista's nylon plant in Seaford are secure, are in fact growing and shouldn't be negatively impacted by plans of prospective new owner Koch Industries.