Centex 4Q Earnings Drop 49%
Dallas, TX, May 1, 2007--Homebuilder Centex reported fiscal fourth-quarter earnings that dropped 49 percent to $198.9 million, or $1.60 per share, from $391.8 million, or $3.04 per share, in the prior-year quarter.
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.
Vacation-Home Sales Rise to Record
Washington, DC, May 1, 2007--Second-home sales were mixed in 2006, with the combined total of vacation-and investment-home sales accounting for 36 percent of all existing and new residential transactions.
Pending Home Sales Down 4.9%
Washington, DC, May 01, 2007--Pending home sales show sales closed in April are likely to remain soft, with some drag possible in May as well, according to the National Association of Realtors.
ISM: New Orders, Production and Employment Growing
Tempe, AZ, May 1, 2007--Economic activity in the manufacturing sector expanded in April for the third consecutive month.
Study: Only 30% of Mobile Users Go Online
Scottsdale, AZ, May 1, 2007--According to a study commissioned by iCrossing, a digital marketing agency, only 30 percent of mobile users access the Internet on their mobile devices.
Sprinturf Announces Private Equity Buy Out
Wayne, PA, May 1, 2007--Sprinturf announced a private equity buyout by S-Turf Acquisition Corporation and the successful completion of $10 million dollars in financing.
UFLOOR Intros One Component Polyurethane Primer
Greensboro, NC, May 1, 2007--UFLOOR Systems, the North American subsidiary of the Uzin-Utz Group, introduced UZIN PE 414 Turbo, a one-component polyurethane primer for floor covering and wood flooring installations.
Online Ad Average Keyword Price Declines
San Francisco, CA, May 1, 2007--The average keyword price paid by online advertisers declined 3.3% percent in the first quarter of 2007 to $1.46, according to the Keyword Price Index from Fathom Online.
Chain Store Sales Up 0.5% Last Week
New York, NY, May 1, 2007--Chain store sales increased 0.5% for the week ended April 28 verses the prior week, according to a survey by the International Council of Shopping Centers and UBS Securities.
Wear Dated Expands Retail Sales Incentive Program
Kinnelon, NJ, May 1, 2007--Wear-Dated’s newly expanded Rewards for Life retail salesperson incentive program offers retailers and retail salespeople added reasons to promote the value of higher-margin branded carpet to the consumer.