Pfleiderer Has No Second Quarter Profit
Neumarkt, Germany, Aug. 11, 2008--Pfleiderer AG said that revenue at the German wood and laminate floor maker won't hit 2 billion euros.
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.
Solutia To Raise $290 Million in Stock Sale
St. Louis, MO, Aug. 11, 2008 -- Solutia Inc. is offering 22,307,692 shares of its common stock to the public at a price of $13 per share.
Builder Confidence in Condos Continues Decline
Washington, DC, Aug. 11, 2008--Builder confidence in the market for condominiums continued to fall in the second quarter, according to the Multifamily Condo Market Index released by the National Association of Home Builders.
Nora Flooring Featured in Olympic 'Water Cube'
Lawrence, MA, Aug. 08, 2008--The National Aquatics Center or "Water Cube," a landmark of the Beijing 2008 Olympic Games, features floor coverings from Nora systems, Inc.
Foreign Home Buyers See Attractive U.S. Market
Washington, DC, Aug. 8, 2008--Real estate purchases by international buyers in the U.S. continues to be a significant share of business for many Realtors.
Foamex Income Down From 2007
Linwood, PA, Aug. 8, 2008--Foamex International Inc. reported net income of $15.4 million, or $0.18 per diluted share for the second quarter, down from $7.1 million, or $0.30 per diluted share, a year ago.
Shaw's Largest Promotion Ever Kicks Off Aug. 29
Dalton, GA, Aug. 7, 2008--Shaw will hold its Shaw Fall Flooring Event Aug. 29-Nov. 28, which the company said will be its largest promotion ever.
Productivity Growth Down in Second Quarter
Washington, DC, Aug. 8, 2008--The Labor Department reported Friday that productivity grew at an annual rate of 2.2 percent during the second quarter, down from a 2.6 percent growth rate in the first quarter.
Beazer Homes Takes Another Big Loss
Atlanta, GA, Aug. 8, 2008--Beazer Homes reported a net loss of $109.8 million for its fiscal third quarter, or $2.85 per share.
Hanley Wood Makes Large Commitment to FCIF
Anaheim, CA; Aug. 6, 2008--Members of the floor covering industry facing catastrophic illness and financial hardship have been assured of financial assistance well into the future.