UK’s Floors 2 Go 1H Earnings Off
London, England, September 5, 2006--Flooring retailer Floors 2 Go said it was on course to meet expectations for the full year despite a slump in profits.
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.
Pressure On Feltex from all Sides
Wellington, New Zealand, September 5, 2006--The squeeze is on carpet maker Feltex from both its banker, ANZ, and angry shareholders.
Nood Floorcovering Launches Nood Lab
Dalton GA, September 5, 2006--Nood Floorcovering, a young carpet brand developed around the needs of commercial interior designers, announces the launch of Nood Lab.
USGBC Award Nominations Open
Washington, DC, September 5, 2006--The U.S. Green Building Council Leadership Awards are given annually to recognize outstanding work to advance green building.
Dow to Close 7 Plants, Take $550 Million Charge
Midland, MI, September 1, 2006--Dow Chemical said it plans to close seven plants in Canada and Italy and incur a third-quarter charge of $550 million to $650 million.
BR-111 Flooring Featured at Designer Showcase
Miami, Florida, August 30, 2006--BR-111 Exotic Hardwood Flooring reported that its Triângulo Engineered hardwood flooring is featured in the new Hampton Designer Showhouse.
Godfrey Hirst Cleared to Acquire Feltex
Wellington, New Zealand, August 30, 2006--The Commerce Commission has cleared Godfrey Hirst NZ Limited to acquire some or all of the assets of Feltex Carpets Limited.
Sears Extends Sears Canada Takeover Offer
Hoffman Estates, IL, August 30, 2006--Sears Holdings said it extended its $775 million offer to buy the rest of Sears Canada Inc. until Sept. 29 as it appeals a regulatory decision that stalled the deal.
Mortgage Applications Decline
Washington, DC, August 30, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 25.
Home Depot Adopts Majority Vote for Directors
Atlanta, GA, August 29, 2006--Home Depot said its board of directors has amended the company's bylaws to adopt a majority vote standard for the election of directors.