Lennar 3Q Earnings Drop
Miami, FL, September 26, 2006—Homebuilder Lennar reported third quarter earnings that dropped 39 percent due to a continued slowdown in the housing market.
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Quick•Step Intros New Interior Designer
Dallas, TX, September 25, 2006 – Quick•Step announces an enhancement to its web site, www.quick-step.com.
Home Depot Downgraded by Credit Suisse
New York, NY, September 18, 2006--Home Depot was downgraded to neutral from outperform at Credit Suisse, citing valuation and concerns over a weakening housing market.
Dow Polyurethane Backing For Education Sector
Dalton, GA, September 15, 2006--Polyurethane backing technology from The Dow Chemical Company offers a solution for carpet in educational facilities.
Shaw Brochure Highlights Environmental Initiatives
Dalton, GA, September 12, 2006--Shaw Industries has completed a comprehensive brochure, “Our Journey...Reaching Sustainability,” that is designed to communicate the company’s progress toward its environmental objectives.
Small-Business Optimism Drops
Washington, DC, September 12, 2006--The nation's normally upbeat entrepreneurs turned decidedly downbeat in August, forcing the NFIB Small-Business Optimism Index to fall more than two points to 95, the lowest reading recorded since March, 2003.
Lennar Lowers Its 3Q Guidance
Miami, FL, September 8, 2006--Homebuilder Lennar Corp., reduced its third-quarter earnings outlook on Friday, citing increased sales incentives driven by a soft housing market, as well as certain land adjustments.
Layoffs Index Jumps in August
New York, September 5, 2006--Planned U.S. layoffs up 76 percent in August from the previous month, signaling an early start to year-end cuts as companies start to implement 2007 payroll plans.
CFI Carpet Workshop Set for September
Kansas City, MO, September 1, 2006--The CFI Woven and Patterned Carpet Skills Workshop dates will be held in Dalton, GA, September 21-22, 2006.
Construction Spending Off in July
Washington, DC, September 1, 2006--Spending on construction projects fell by 1.2% in July, dragged down by a drop in private residential construction, the Commerce Department said Friday.