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.

Milliken Named to “World’s Most Ethical Companies”

Milliken Named to “World’s Most Ethical Companies”

Spartanburg, SC, June 1, 2007--Milliken & Company has been named one of the World’s Most Ethical Companies by Ethisphere Magazine, a national publication dedicated to illuminating the important correlation between ethics and profit.

Sears 1Q Earnings Up, Sales Down

Sears 1Q Earnings Up, Sales Down

Hoffman Estates, IL, June 1, 2007--Sears Holdings reported a 20 percent increase in earnings, helped by a legal settlement and other special gains.

Hovnanian Reports Another Loss

Hovnanian Reports Another Loss

Red Bank, NJ, June 1, 2007--After three consecutive quarters of losses, Hovnanian Enterprises says better management of its land inventory should allow the company to post a profit in the fourth quarter and for 2008.

Stifel Nicolaus Upgrades Mohawk

Stifel Nicolaus Upgrades Mohawk

New York, NY, May 31, 2007--Stifel Nicolaus has upgraded Mohawk Industries from Hold to Buy with a $180 price targe, according to Street Insider.

Monster Online Job Availability Index Up Slightly

Monster Online Job Availability Index Up Slightly

New York, NY, May 31, 2007--The Monster Employment Index rose three points in May, suggesting U.S. online recruitment activity and related demand for workers has stabilized at the end of the busy spring hiring season.

Jobless Claims Off by 4,000

Washington, DC, May 31, 2007--Applications for initial jobless claims fell by 4,000 to a seasonally adjusted 310,000 in the week ending May 26, according to a Labor Department report.