Mohawk 4Q Earnings Off on Unilin Acquisition Charg
Calhoun, GA, February 23, 2006--Mohawk Industries reported fourth-quarter earnings that declined on charges related to the company's acquisition of Unilin.
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.
Interface Posts 4Q Profit
Atlanta, GA, February 22, 2006—Interface in the fourth quarter of 2005, after charges, reported net income of $5.7 million, or $0.11 per diluted share, compared with a net loss in the fourth quarter of 2004 of $4.4 million, or $0.08 per diluted share.
New Orleans Rebuilding Plan Taking Shape
New Orleans, LA, February 21, 2006--Long-awaited plans to rebuild New Orleans and compensate hundreds of thousands of hurricane victims took shape on Monday.
Home Depot 4Q EPS Up 27.7%
Atlanta, GA, February 21, 2006--Home Depot reported diluted earnings per share in the fourth quarter that rose 27.7 percent to a record $0.60 on net earnings of $1.3 billion, compared with $0.47 on net earnings of $1.0 billion reported for the same period
Pergo Swings to Profit for 2005
Stockholm, Sweden, February 20, 2006--Pergo this morning reported its financials for the year 2005 and the fourth quarter. The company reported earnings after tax for the year of SEK 166 million (US$21.2M) verses a loss of SEK 196 million (-US$25 M).
Producer Prices Up 0.3%, Core Prices Up 0.4%
Washington, DC, February 17, 2006--The producer price index increased 0.3% in January, while core prices, which exclude food and energy, rose 0.4%, the biggest gain in a year, the Labor Department said Friday.
Consumer Sentiment Off in February
Ann Arbor, MI, February 17, 2006--Consumer sentiment eased in early February as gasoline prices rose, according to media reports Friday of proprietary research from the University of Michigan.
Housing Starts Up 14.5%
Washington, DC, February 16, 2006--New construction of U.S. homes soared 14.5% in January to a seasonally adjusted annual rate of 2.276 million, aided by the warmest weather of any January on record.
Beaulieu Canada to Produce Laminate & Wood
Waregem, Belgium, February 16, 2006--Beaulieu Canada has decided to start production and sales of laminate and wood flooring, utilizing the Välinge Innovation technology for gluefree installation systems.
Reid: Would Consider Curbs to Asbestos Suits to Ki
Washington, DC, February 14, 2006--The leader of U.S. Senate Democrats said on Monday he would consider backing curbs on some asbestos lawsuits if the chamber would scuttle legislation removing all claims from court and paying victims from a $140 billion