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.

Armstrong Trading Over the Counter

Lancaster, PA, Nov. 14--The common shares of Armstrong Holdings are trading on the OTC (over-the- counter) Bulletin Board ("OTCBB") under the stock symbol ACKHQ.

Consumer Confidence Rising

New York, NY, Nov. 18--Consumer confidence in the economy surged this month from its depressed levels in October, according to a report by the University of Michigan.

Lowe's Has Good Quarter

Wilkesboro, NC, Nov. 18--Lowe's Cos. had a 35% increase in third quarter profit, fueled by a strong housing market and its expansion to major U.S. metropolitan markets.

Congoleum's Sales Up

Mercerville, NJ, Nov. 14ÐCongoleum Corporation1s sales for the third quarter ended September 30 were $57.7 million, compared with sales of $56.7 million reported in the same period a year ago,

Foamex Reports Loss

Linwood, PA, Nov. 18--Foamex International posted net sales of $340.8 million in the third quarter, an increase of 4.5% from $326.2 million in the same period a year ago. $326.2 million in the same period a year ago.

Martha's Woes Hurt Company

New York, NY, Nov. 15--The insider trading scandal engulfing Martha Stewart is hurting nearly every aspect of business at her namesake company, according to the firm.

Armstrong Recycles

Lancaster, PA, Nov. 14--Armstrong World Industries has reclaimed 10 million square feet of discarded ceiling tiles as part of its ceiling recycling psrogram.

Retail Sales Flat

Washington DC, Nov. 14--Retail sales were unchanged in October, as automobile sales dropped, according to the Commerce Department.

Collins & Aikman Corp. Posts Loss

Troy, MI, Nov. 14--Automotive supplier Collins & Aikman Corp. posted a widened loss in the third quarter, the result of restructuring costs.

Target's Earnings Up

Minneapolis, MN, Nov. 14--Target Corp. had higher earnings in the third quarter, the result of positive results for its Target discount unit, which made up for sluggish sales at its Marshall Field's and Mervyn's department stores.