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Bloomfield Hills, MI, July 24, 2008--Pulte Homes Inc. said Wednesday its second-quarter loss narrowed from a year ago as the home builder booked fewer charges on land and unsold inventory despite a worsening housing market.
Washington, D.C., July 23, 2008 — The Architecture Billings Index, an indicator of future commercial building activity, rebounded almost three points in June, after dropping two points the previous month.
Atlanta, GA, July 23, 2008--Interface, Inc. reported net income for the 2008 second quarter of $15.9 million, or $0.26 per diluted share.
Washington, DC, July 24, 2008--Existing-home sales fell 2.6 percent to a seasonally adjusted annual rate of 4.86 million units in June from a pace of 4.99 million in May.
Washington, DC, July 24, 2008--Initial jobless claims rose last week to their highest level in nearly four months, the Labor Department reported Thursday.
Washington, DC, July 24, 2008--The House of Representatives approved a sweeping bill to aid homeowners and prop up Fannie Mae and Freddie Mac on Wednesday.
Washington, DC, July 23, 2008 - The National Association of Home Builders praised the House for passing a housing stimulus package that is designed to address the turmoil in financial markets and bolster the faltering economy.
Midland, MI, July 24, 2008--Despite two price increases in the second quarter, sharply higher costs for energy and raw materials contributed to a 27 percent decline in profit for the period for Dow Chemical.
Greenville, SC, July 24, 2008 – Area rug firm 828 International Trading Co. has appointed Chuck Coloian as the company’s new account manager for the Ohio market.
Cairo, Egypt, July 24, 2008--Oriental Weavers, Egypt's largest carpet maker, said on Thursday it would pay a stock dividend of about one share for every three held.