Congoleum Quarterly Loss Rises, Sales Fall
Mercerville, NJ, March 11, 2010--Congoleum Corp. reported a fourth quarter net loss of $8.2 million, or $0.99 per share, compared with a net loss of $6.4 million, or $0.77 per share, a year ago.
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.
Oil Prices Higher, Up 17% Since Early February
New York, NY, March 12, 2010--Oil prices moved higher above $82 a barrel Friday after the International Energy Agency predicted a surge in Asian economic activity will make up for a fall in developed countries.
Business Inventories Flat in January
Washington, DC, March 12, 2010--Business inventories were essentially flat in January despite an eighth consecutive sales increase.
Consumer Sentiment Dips in Early March
Ann Arbor, MI, March 12, 2010--Consumer sentiment declined in early March, according the Reuters/University of Michigan index.
Pace of Foreclosures Slowing, But Danger Not Over
Irvine, CA, March 11, 2010--The rate of U.S. foreclosures appears to be slowing.
Pfleiderer Says Offices Searched in Antitrust Case
Neumarkt, Germany, March 10, 2010--Pfleiderer AG said that its offices were searched in connection with an investigation relating to possible violations of antitrust law.
NSF International Hosting Climate Policy Forums
Ann Arbor, MI, March 11, 2010--NSF International has partnered with The Climate Registry to host a series of regional climate policy forums throughout the U.S. and Canada.
Commercial Delinquencies Rose in Fourth Quarter
Washington, DC, March 11, 2010--Delinquency rates continued to increase in the fourth quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association.
Qu-Cork Gets Greenguard Certifications
Memphis, TN, March 11, 2010--Global Market Partners Inc. said it is the first cork flooring company in the U.S. to achieve both Greenguard and Greenguard Children and Schools Certification.
Survey Shows Hiring Plans Inching Higher
Milwaukee, WI, March 11, 2010--A net 5% of employers said they expect to hire in the second quarter, according to the Manpower Employment Outlook Survey released Tuesday.