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.
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.
Tulsa, OK, Apr. 20--A Tulsa carpet business operating in the same midtown location for almost 60 years will soon vacate its blocklong building, according to Tulsa World.
Los Angeles, CA, Apr. 19--Identifying and purchasing environmentally responsible floorcoverings just got a little easier. Scientific Certification Systems, an independent, third-party certifier, has certified select Bentley Prince Street carpet lines as E
Lancaster, PA, Apr. 19--Armstrong Flooring received a “Best Buy” rating from Consumers Digest for its Highland Park resilient floors and is the only “Premium” selection of all the vinyl floors reviewed by the editors in the March/April 2004 issue.
New York, NY, Apr. 19--The Conference Board, a private research group, reported Monday that its Composite Index of Leading Economic Indicators rose 0.3 percent in March.
Ann Arbor, MI, Apr. 16--Consumer confidence improved in March as consumers anticipated more favorable prospects for their personal finances.
New York, NY, Apr. 16--Industrial production declined in March, led by a sharp slowdown in utilities output.