MBA: Mortgage Apps Up, Refinance Apps Down
Washington, DC, May 2, 2007--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending April 27, 2007.
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.
USGBC: Cradle to Cradle to Earn LEED Points
Washington, DC, May 2, 2007--The U.S. Green Building Council said that projects seeking certification under the LEED Rating System can now earn points by using the Cradle to Cradle program for certified building products.
ADP: Payroll Up 64, 000
New York, May 2, 2007--Automatic Data Processor reported an increase in payrolls of 64,000 in April, sharply below the expectations of a rise by about 110,000 new employees.
Stifel Downgrades Dixie to Hold
New York, NY, May 2, 2007--Analysts at Stifel Nicolaus & Company downgrade The Dixie Group Inc from "buy" to "hold," while reducing their estimates for the company.
Hanley Wood Acquires Two Construction Magazines
Washington, DC, May 2, 2007--Hanley Wood has purchased the assets of Spiderweb Publishing Inc, a privately owned publishing company based in Durham, NC.
Hungary’s Falco Changing Hands
Szombathel, Hungary, May 02, 2007--Ownership of Falco Fiberboard Manufacturing Zrt is changing hands.
Worker Confidence Falls
New York, May 2, 2007--Worker confidence edged lower in April, as the Hudson Employment IndexSM fell 1.5 points to 107.5.
Judge Rules in Favor of Solutia
St. Louis, MO, May 2, 2007--Judge Prudence Carter Beatty today issued a ruling in favor of Solutia Inc. in the JPMorgan bondholder litigation.
Missouri Hardwood Plant Suffers Loss
Pierce City MO, May 2, 2007--Officials with Mid-America Hardwoods Inc. say a fire that destroyed 240,000 board feet in a kiln building will not interrupt the company’s production of hardwood flooring.
Foamex Reverse Stock Split Effective
Linwood, PA, May 1, 2007--Foamex said that, as of the opening of trading on May 1, 2007, its one-for-four reverse stock split will be effective and its new trading symbol will be "FMXL."