Mortgage Application Volume Rises
Washington, DC, Oct. 27, 2010 -- Mortgage application volume rose last week as consumers sought to take advantage of near-record low interest rates, according to the Mortgage Bankers Association.
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Durable Goods Orders Up, Manufacturing Weak
Washington, DC, Oct. 27, 2010 -- Durable good orders rose 3.3% in September, a higher than expected number, the Commerce Department reported Wednesday.
Pergo Files Suit Against German Paper Maker
Baar, Switzerland, Oct. 27, 2010 -- Pergo said it filed a patent infringement lawsuit in the Düsseldorf Regional Court against German-based Dekor-Kunststoffe GmbH, a large coated-paper manufacturer.
Consumer Confidence Edges Up in October
New York, NY, Oct. 26, 2010 -- U.S. consumer confidence rose to 50.2 in October, though it is still near historically low levels, the Conference Board reported Tuesday.
DuPont Earnings Decline, Revenues Rise in Q3
Wilmington, DE, Oct. 26, 2010 -- Chemical maker DuPont reported third quarter net earnings of $367 million, or $0.40 per share, down 10% from $409 million, or $0.45 per share a year ago.
Home Prices Decline in August
New York, NY, Oct. 26, 2010 -- Prices of U.S. single-family homes fell in August, according to the Standard & Poor's/Case-Shiller home price report.
Mapei CEO Squinzi Elected President of CEFIC
Deerfield Beach, FL, Oct. 26, 2010 -- Giorgio Squinzi, CEO of Mapei Group, was elected president of CEFIC, the European Chemical Industry Association.
Chain Store Sales Rise 1.9% Over 2009
New York, NY, Oct. 26, 2010 -- U.S. chain-store sales last week rose by 1.9% compared with one year ago, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs.
Sherwin-Williams Quarterly Profit Ticks Higher
Cleveland, OH, Oct. 26, 2010 -- Sherwin-Williams reported a quarterly profit of $175.3 million, or $1.60 a share, compared with $175.2 million, or $1.51 a share, a year ago.
House Prices Rise From July to August
Washington, DC, Oct. 26, 2010 -- U.S. house prices rose 0.4% on a seasonally adjusted basis from July to August, the Federal Housing Finance Agency said Tuesday.