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.
New York, NY, Nov. 8, 2010 -- Flooring industry analyst Stifel Nicolaus has maintained "buy" ratings on shares of both Mohawk Industries and Armstrong World Industries after the companies reported earnings last week.
Washington, DC, Nov. 8, 2010 -- Twenty-seven percent of first-time buyers who purchased a home between July 2009 and June 2010 received a gift from family or friends to help with the down payment.
New Orleans, LA, Nov. 8, 2010 -- The commercial real estate market could begin improving soon as there are signs that the freeze in commercial lending should begin to thaw.
New York, NY, Nov. 8, 2010 -- More U.S. executives than ever are increasing earnings forecasts compared with those lowering them, according to a Bloomberg News story.
Toronto, Ontario, Nov. 8, 2010 -- Novalis International said it has achieved FloorScore indoor air quality certification from Scientific Certification Systems for its NovaFloor Hartsfield and Providence product lines.
Dubai, UAE, Nov. 8, 2010 -- InterfaceFlor has launched a "Let's Be Clear" campaign across the Middle East to show its customers just what goes into its products.
Calhoun, GA, Nov. 4, 2010 -- Mohawk Industries reported third quarter net earnings of $51 million and earnings per share of $0.74, compared to net earnings of $34 million earnings per share of $0.50 a year ago.
Lancaster, PA, Nov. 5, 2010 -- Armstrong World Industries reported third quarter net income of $24.6 million, or $0.42 per share, compared to net income of $64.4 million, or $1.12 per share a year ago.
Washington, DC, Nov. 5, 2010 -- The economy added jobs in October for the first time in five months, although the unemployment rate remained at 9.6%.
Dalton, GA, Nov. 5, 2010 -- Carpets of Dalton is being forced to repay $40 million in loans within 10 days and is now the subject of a federal court lawsuit seeking to recover the money, according to a story in the Chattanooga Times Free Press.