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.
Dallas, TX, May 5, 2009--Homebuilder Centex Corporation said it had a loss from continuing operations of $3.26 per share for the fourth quarter ended March 31, and a loss of $11.58 per share for fiscal year 2009.
Washington, DC, May 5, 2009--The National Association of Realtors, in its latest economic forecast, anticipates that the nation's unemployment rate will hit 10.2 percent next year.
Fort Worth, TX, May 5, 2009--Homebuilder D.R. Horton Inc. reported it lost $108.6 million, or 34 cents a share in the second quarter, narrowing from a loss of $1.31 billion, or $4.14 a share in the same quarter last year.
San Francisco, CA, May 4, 2009--Bamboo flooring and plywood firm Smith & Fong Co. said it is launching its first line of hardwood flooring.
Federal Way, WA, May 5, 2009--Weyerhaeuser Co.'s first-quarter loss widened as the slow housing market hindered sales of its lumber and panels.
Viken, Sweden, May 4, 2009--Välinge and Berry said they have terminated two licenses due to non-compliance with the contractual provisions of the license.
Miami, FL, May 4, 2009—Cikel America LLC said it has a new distribution partnership with Patriot Flooring Supply, Inc. for the Northeast region.
Washington, DC, May 5, 2009--U.S. service industries contracted in April for the seventh straight month, but at a slower pace than in March, according to the Institute for Supply Management index released Tuesday.
New York, NY, May 5, 2009--KeyBanc analysts have reiterated their 'Buy' rating on hardwood flooring firm Lumber Liquidators.
Omaha, NE, May 4, 2009--Warren Buffett said that he sees some signs of stabilization in housing markets.