Topps Tiles Expects To Meet Earnings Estimates
London, England, Sept. 27, 2011 -- Topps Tiles, the UK's largest tile and wood flooring retailer, said it would be within the range of analysts' earnings forecasts despite a fall in sales.
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.
Valinge Claims Patent Victory Over Pergo
Viken, Sweden, Sept. 26, 2011 -- Valinge said that it has won a patent dispute with Pergo.
Floorcovering Industry Pioneer Mayfield Dies
Greenville, SC, Sept. 26, 2011 -- Bennie Frank Mayfield, the first person to be inducted into the American Floor Covering Industry Hall of Fame, died Aug. 30 at the age of 97.
New Home Sales Decline in August
Washington, DC, Sept. 26, 2011 -- Sales of new homes in the U.S. fell 2.3% in August to an annual rate of 295,000, the fourth decline in a row, the Commerce Department reported Monday.
Floors-To-Go Founder Kimmel Dies
Sacramento, CA, Sept. 26. 2011 -- Jacob Hughes Kimmel, 79, founder of national floor covering chain Floors-To-Go in 1976, died Sept. 18.
Berkshire Hathaway To Begin Share Buyback
Omaha, NE, Sept. 26, 2011 -- Warren Buffett's conglomerate Berkshire Hathaway, parent company of Shaw Industries, said it will launch a share buyback program, an unusual move for Buffett.
Congoleum Wants To Keep Ability To Expand
Hamilton, NJ, Sept. 26, 2011 -- Congoleum CEO Tom Sciortino told city council that the company could expand its Hamilton manufacturing facility in the future, according to a story in NJ.com.
RAK Ceramics Wins Healthcare Recognition
Dubai, UAE, Sept. 26, 2011 -- RAK Ceramics said it has been named winner of the “Best In Managing Health At Work Award” in the Asian Leadership Awards 2011.
Leading Economic Indicators Up Four Months in Row
New York, NY, Sept. 23, 2011 -- The Conference Board said that its index of leading economic indicators rose 0.3% in August, the fourth consecutive increase.
House Prices Increase in July
Washington, DC, Sept. 23, 2011 -- U.S. house prices increased 0.8% from June to July, according to the Federal Housing Finance Agency’s monthly House Price Index.