Federated 2Q Earnings Better Than Expected
Cincinnati, OH, August 9, 2006--Federated Department Stores reported better-than-expected second-quarter results on Wednesday.
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.
Report: Retailers Vulnerable as Consumers Consolid
Columbus, OH, August 9, 2006--Consumers are consolidating their shopping and placing more relative importance on speed and convenience.
Regulators Put Sears Bid for Canadian Unit on Hold
Toronto, Ontario, August 8, 2006--Canada's main securities regulators put the brakes on Sears Holdings Corp., C$892-million ($775 million) buyout offer for its Canadian unit on Tuesday.
NAR: Home Sales Steady For Balance of Year
Washington, DC, August 8, 2006--The housing market is in a process of stabilizing with little change in overall sales volume expected over the balance of the year, according to the National Association of Realtors.
IWT Tesoro to Present At RedChip Small-Cap Confere
Orlando, FL, August 8, 2006--IWT Tesoro Corp., will present at the RedChip Small-Cap Investor Conference at the Ave. of Americas Hilton Hotel in New York, on August 15.
Stanton Carpet Recapitalized by Linsalata Capital
New York, NY, August 8, 2006--Goldsmith Agio Helms has announced the recapitalization of its client, Stanton Carpet Corporation by Linsalata Capital Partners, a middle market-focused buyout firm based in Cleveland, Ohio.
AIA, NAC, and YAF Announce Emerging Professionals
Washington, DC, August 7, 2006--The American Institute of Architects (AIA), National Associates Committee (NAC), and Young Architects Forum (YAF) announced the recipients of the 2006 Emerging Professionals Awards.
Companies Turn to Workforce Planning
New York, August 7, 2006--An aging workforce and an emerging "baby boom" retirement wave are driving more companies toward "strategic workforce planning," The Conference Board reports today in a new study.
Godfrey Hirst Defends Feltex Offer
Auckland, New Zealand, August 4, 2006--Leading Australian carpet manufacturer Godfrey Hirst says its offer for Feltex remains far better than a new proposal which emerged on Thursday.
Factory Orders Up
Washington, DC, August 3, 2006--Factory orders rose 1.2% in June as new orders for ships more than doubled, the Commerce Department said Thursday.