Existing Home Sales Off in February
Washington, DC, March 23--Existing home sales slipped in February but remained above year ago levels.
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OMNOVA's Losses Widen in 1Q
Fairlawn, OH, March 22--OMNOVA Solutions Inc. reported a loss of $10.9 million, or $0.27 per diluted share, for the first quarter of 2005, compared to a loss of $5.8 million, or $0.14 per diluted share, during the first quarter of 2004.
Forbo Posts Loss in 2004
Eglisau, Switzerland, March 22--Forbo sales rose in the past year by 1.5% to CHF 1.622 billion (plus 2.3% in local currencies).
Armstrong Launching Aggressive Product and Marketi
Lancaster, PA, March 23--Armstrong hasn’t let the recent setback to its Chapter 11 reorganization plan stop it from investing in its future. The company is embarking on an ambitious "refocusing and reinvestment" strategy in 2005, building on its well-reco
Solutia Announces Executive Changes
St. Louis, March 21--Solutia Inc. has announced two changes to its executive leadership team, effective immediately.
CVC Lowers Minimum Acceptance for Forbo Takeover
Zurich, Switzerland, March 21--Private equity group CVC Capital Partners has lowered its minimum acceptance threshold for a successful takeover of Forbo Holding AG.
Las Vegas Market to Coincide with Surfaces 2006
Las Vegas, NV, March 18—The brand new World Market Center of Las Vegas has announced dates for its 2006 Winter Market. Those dates, Jan. 30 to Feb. 3 coincide with Surfaces 2006, which is scheduled for Jan. 31 to Feb. 3 at the Sands Expo & Convention Cen
NAR: Commercial Real Estate Market Improving
Washington, DC, March 17--The commercial real estate market is improving and vacancy rates are expected to decline in all four commercial market sectors this year, according to the National Association of Realtors Commercial Real Estate Spotlight.
Chemicals Prices Expected to Keep Rising
New York, NY, March 17--Top U.S. chemical executives said prices of benchmark chemicals will continue to rise this year despite stalling the last two months, which may have led some investors to sell off shares in recent days.
Home Depot to Centralize Divisional Leaders in Atl
Atlanta, GA, March 16--Home Depot will centralize its three U.S. divisional offices into the company's headquarters located in Atlanta, Georgia.