Mohawk Leads Flooring Stocks Higher
New York, NY, Dec. 19, 2013 -- Stocks of publicly traded flooring companies rose with the market on Wednesday, led by Mohawk Industries, which closed at $146.47, up $6.67 or 4.77%.
Today's Flooring News
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Philadelphia Manufacturing Picks Up
Philadelphia, PA, Dec. 19, 2013 -- The Philadelphia Fed’s manufacturing index edged up to a reading of 7.0 in December from 6.5 in November.
WFCA Names Davis, Campbell to Hall of Fame
Anaheim, CA, Dec. 18, 2013 -- The World Floor Covering Association will induct the late D. Christopher Davis and Keith Campbell into its Hall of Fame.
Housing Starts Near Six-Year High in November
Washington, DC, Dec. 18, 2013 -- Housing starts in November hit their highest level in nearly six years, according to the Commerce Department.
Mohawk Wins Southeast Sustainability Honor
Calhoun, GA, Dec. 18, 2013 -- For the third consecutive year, Mohawk Industries was honored as the most sustainable flooring manufacturer in the 2013 Southeastern Corporate Sustainability Rankings.
Builder Lennar Sees Quarterly Profit Surge
Miami, FL, Dec. 18, 2013 -- Florida-based homebuilder Lennar reported that fourth-quarter profit rose to $164.1 million, or $0.73 a share, from $124.3 million, or $0.56 a share, a year ago.
Mortgage Applications Decline Last Week
Washington, DC, Dec. 18, 2013 -- Mortgage application volume declined 5.5% last week to the lowest level in more than 12 years, according to the Mortgage Bankers Association.
Home Builders Growing More Confident
Washington, DC, Dec. 17, 2013 -- Builder confidence in the market for single-family homes improved four points to a 58 reading on the National Association of Home Builders/Wells Fargo Housing Market Index for December.
Tarkett Raising Johnsonite Product Prices
Chagrin Falls, OH, Dec. 17, 2013 -- Tarkett is planning to raise prices 3-5% on its Johnsonite commercial products effective March 15.
Lauzon Licenses Valinge Surface Technology
Viken, Sweden, Dec. 17, 2013 -- Canadian hardwood maker Lauzon is Välinge's first licensee to use its photocatalytic technology called ACTiO2 on hardwood flooring to contribute to a greener and cleaner indoor environment.