Retail CFOs See 5.6% Growth in 2007
Chicago, IL, September 18, 2007--Chief financial officers at leading U.S. retailers are predicting 5.6% growth for 2007, according to a new study by BDO Seidman, LLP.
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.
Hovnanian 3-Day Sale a Success
Red Bank, NJ, September 18, 2007--Home builder Hovnanian, which held a nationwide three-day sale to lower its inventory of unsold homes, said on Monday the weekend event was a success, sending its shares up as much as 5.5%.
Mohawk’s Sustainablity Efforts to be on Atlanta TV
Kennesaw, GA, September 18, 2007--Mohawk Industries will be the feature of an upcoming prime time special “Going Green” on WSB-TV2, the Atlanta-based ABC Network affiliate.
CEOs See Softening of Economic Conditions
Washington, DC, September 18, 2007--Leaders of America's top companies expect some softening of U.S. economic conditions in the next six months.
NAHB Calls on Congress to Support FHA Reform
Washington, DC, September 18, 2007--The National Association of Home Builders (NAHB) called on the House of Representatives to approve legislation that would allow the FHA to insure more home loans and address problems in the subprime mortgage market.
Omnova 3Q Earnings Up 36%
Fairlawn, OH, September 18, 2007—Omnova Solutions in the third quarter reported net earnings that increased 36% to $4.5 million, or $0.11 a share, from $3.3 million, or $0.08 a share in the year-ago period.
Shaw Industries to Buy Anderson
Dalton, Ga.- September 14, 2007 – Shaw Industries Group, Inc. said it will purchase The Anderson Family of Companies based in Clinton, South Carolina.
Shaw Engineer Wins HENAAC Recognition
Dalton, GA, September 14, 2007--Damaris Robles-Santiago, quality engineer for Shaw Industries, was recently selected as a Luminary for the 4th Annual Hispanic Engineer National Achievement Awards Conference (HENAAC) Luminary Honors.
Shaw Adds Woman's Guide to Flooring Website
Dalton, GA, September 14, 2007—Shaw has published A Woman's Guide to Flooring under the Tips, Trends & Care section of ShawFloors.com to help women select carpet, area rug or hard surface floor.
New York Manufacturing Activity Slows
Washington, DC, September 17, 2007—Manufacturing activity in New York, according to the New York Federal Reserve cooled.