3M 1Q Earnings Up 17%
St. Paul, MN, April 21, 2006--3M Co., reported first-quarter earnings that were up almost 17 percent, and the maker of Post-it notes, Scotch tape and optical films for LCD screens raised its guidance for the year.
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.
Carpet Maker Gaskell Mackay Closes its Doors
Rishton, England, April 21, 2006--Carpet firm, Gaskell Mackay, has closed with the loss of 134 jobs.
Feltex Fined $150,000 for Nondisclosure
Wellington, New Zealand, April 21, 2006--Feltex has agreed to pay out at least $150,000 after the Stock Exchange ruled the embattled carpet maker had not informed it quickly enough last year about a severe fall in profits, according to the Dominion Press.
UK’s Floors 2 Go Announces New Board Member
Birmingham, England, April 21, 2006--Floors 2 Go, the UK's largest specialist retailer of laminate and wooden flooring, has announce that Geoff Brady is joining the board as a Non Executive Director.
Canada Retail Sales Off 0.4%
Ottawa, Ontario, April 21, 2006--Canadian retail sales dropped by 0.4 percent in February, the first decline after four months of increases.
Survey: Small Businesses Still Lagging in Environm
Watertown, MA, April 20, 2006--Since the new environmental "green" thinking began sweeping through corporate culture in the 1990s, the larger, publicly-traded companies are more likely to continue devoting time and energy to adopting business practices th
Amtico Stays Local for Global Success
Coventry, England, April 20, 2006--China, India, low cost, outsource--these seem to have become the mantra of some manufacturers as they aim to survive in the global market.
Online Marketing Calls for Engagement Targeting
New York, NY, April 20, 2006--Selling to consumers through blogs, chat rooms and social networking sites is emerging as an effective targeting technique.
Leading Indicators Slide
New York, NY, April 20, 2006--The Conference Board announced today that the U.S. leading index decreased 0.1 percent, the coincident index increased 0.2 percent and the lagging index increased 0.3 percent in March.
Weekly Jobless Claims Off 10,000
Washington, DC, April 20, 2006--Initial applications for unemployment benefits fell by 10,000 to stand at 303,000 in the week ended April 15, the Labor Department said Thursday.