J.P. Morgan Upgrades Home Depot
New York, NY, November 15, 2006--J.P. Morgan upgraded home-improvement retailer Home Depot, to overweight from underweight, saying management seems more willing to invest in the retail business in 2007.
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.
Freudenberg May Sell Flooring Unit
Weinheim, Germany, November 15, 2006--According to reports, Freudenberg, the family-owned German conglomerate, is examining whether to sell its building systems division.
Producer Prices Off in October
Washington, DC, November 14, 2006--Inflationary pressures eased in October as wholesale energy prices and prices for light trucks dropped.
H.B. Fuller CEO Resigns
St. Paul, MN, November 9, 2006-- HB Fuller Co., said chief executive Al Stroucken resigned effective December 1 and will be replaced with global adhesives unit president Michele Volpi.
Interface Releases Pricing of Public Offering
Atlanta, GA, November 7, 2006--Interface, releases the pricing of its public offering of 5,000,000 shares of Class A Common Stock at $14.65 per share.
Berkshire Shares Hit Record After Big 3Q Profit, S
Omaha, NE, November 6, 2006--Berkshire Hathaway shares climbed to a record today after the insurance-focused conglomerate run by Warren Buffett reported big third-quarter profits that were fueled by a benign hurricane season. Shaw Industries revenue is up
Domotex Hannover Preparing for Another “Hot” Janua
Hannover, Germany, November 2, 2006--Domotex Hannover, which will take place 13–16 January 2007 at the Hannover Fairgrounds in Hannover, Germany, will host approximately 1,250 exhibiting companies from 60 countries.
September Office Furniture Orders Up
Grand Rapids, MI, November 2, 2006--Office furniture order growth accelerated again in September after months of highly erratic growth, which analysts described as a further sign the market is slowing.
Clossin to Lead Education Markets at Tandus
Dalton, GA, November 01, 2006--Tandus, a leading manufacturer of commercial floorcoverings, announced that it has strengthened its marketing organization with the addition of Bill Clossin as general manager for its Education Markets.
Himes Named President, Wood Flooring International
Burlington, NJ, November 1, 2006--John Himes has been named president of Wood Flooring International.