Mohawk Stock Downgraded to 'Sell'
Cleveland, OH, April 10, 2009--Mohawk Industries was downgraded to "sell" by Longbow Research with a price target of $20.
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.
Feds Say Refinancing Program Starting To Work
Washington, DC, April 10, 2009--U.S. Housing Secretary Shaun Donovan said that the two-month-old Making Home Affordable program was beginning to work.
Pockets of Optimism in Retail Sales Report
New York, NY, April 10, 2009--March retail sales showed encouraging signs that consumers are no longer cutting their spending, a key to finding a bottom to the recession.
Tarkett Wood Using Valinge's 5G Locking System
Viken, Sweden, April 9, 2009--Tarkett Wood is launching parquet products with the Välinge 5G locking system.
Index Shows Turnaround in Consumer Confidence
New York, NY, April 9, 2009--Reversing seven months of crumbling confidence, Americans' economic enthusiasm rallied this month, according to the most recent results of the RBC CASH Index.
Stimulus To Impact Construction Starting in May
Norcross, GA, April 9, 2009--Reed Construction Data says that the first signs of the federal stimulus spending will be felt in the construction industry in May, with a gradual pickup the rest of the year.
Toll Brothers Sees Two Week Surge in Deposits
New York, NY, April 9, 2009--Toll Brothers, the nation's largest luxury home builder, said deposits for new homes have risen substantially in the last two weeks.
Feds Seize Chinese Products Infringing on Unilin
Dallas, TX, April 8, 2009--U.S. Customs recently seized Chinese imports that infringe on patents related to Unilin’s glueless locking system for flooring.
Apartment Vacancies Rise, Rents Fall in Q1
New York, NY, April 9, 2009--U.S. apartment rents fell in the first quarter and the vacancy rate rose to a five-year high, said real estate market analysis firm Reis Inc.
Azrock by Tarkett Now Features ecoScorecard
Houston, TX, April 9, 2009--Azrock by Tarkett is the latest flooring company to use the web-based green building calculator, ecoScorecard.