Omnova Completes Refinancing and Tender Offer
Fairlawn, OH, May 23, 2007--OMNOVA Solutions Inc. said it has successfully completed its previously announced tender offer for any and all of its outstanding 11-1/4% senior secured notes.
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HSBC Launches Lumber Liquidators Credit Program
Prospect Heights, IL, May 23, 2007--HSBC Finance Corporation's card and retail services business has formed a strategic alliance with Lumber Liquidators to grow its credit program.
Business Community Resisting Immigration Bill
Los Angeles, CA, May 23, 2007--Chicken farmer Lucious Adkins doesn’t see how he could stay in business if Congress passes an immigration reform bill that would require his immigrant workers to go home for a year.
NRF Expresses Concerns Over Immigration Bill
Washington, DC, May 23, 2007--The National Retail Federation today expressed concerns over immigration reform legislation under consideration in the Senate.
AIA: Non-Residential Billings Steady
New York, May 23, 2007--The non-residential construction industry is in the midst of a sustained, moderate expansion despite rising commodity and labor costs, an architects group said on Wednesday.
Commercial Real Estate Index Up Again in 1Q
Washington, DC, May 21, 2007--The Commercial Leading Indicator for Brokerage Activity,a forward-looking index for the commercial real estate market, rose slightly in the first quarter.
NFIB Releases Small Business Health-Care Data
Washington, DC, May 22, 2007--The National Federation of Independent Business, released its Small Business Health-Care Survey.
Weekly Chain Store Sales Off
Washington, DC, May 22, 2007--Chain store sales were off 1.5% in the week ended May 19 verses the prior week, according to the International Council of Shopping Centers and UBS Securities.
AIA Names Winners of AIA/HUD Secretary Awards
Washington, DC, May 22, 2007--The American Institute of Architects (AIA) recognized the recipients of the 2007 AIA/HUD Secretary's Housing and Community Design Awards on May 3, 2007.
NAHB: Demand Buoys Apartment Builder’s Confidence
Washington, May 22, 2007--Strengthening demand and steady increases in occupancy levels in rental apartments with five or more units buoyed multifamily builder confidence in the first quarter of 2007.