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.

Jobless Claims Fall More More Than Expected

Washington, DC, April 26, 2007--Initial filings for state unemployment insurance slipped to 20,000 to 321,000 in the week ended April 21 from an upwardly revised 341,000 for the previous week.

NFIB: Minimum Wage Tax Package Fails to Deliver

NFIB: Minimum Wage Tax Package Fails to Deliver

Washington, DC, April 26, 2007--Dan Danner, executive vice president of the National Federation of Independent Business, today made the following statement in reaction to the reduced small-business tax-relief package.

Coverings 2007: The Leading Edge of Tile Trends

Coverings 2007: The Leading Edge of Tile Trends

Chicago, IL, April 25, 2007--Trend spotters had a field day—four field days, in fact—at Coverings 2007, the premier international ceramic tile and stone show held at Chicago’s McCormick Place from April 17 to April 20.

Ryland Reports 1Q Loss

Ryland Reports 1Q Loss

Calabasas, CA, April 26, 2007--Ryland Group posted a loss in the first quarter after taking big charges to write down the value of inventory and selling fewer homes.

Homebuilder Meritage 1Q Earnings Off 81%

Homebuilder Meritage 1Q Earnings Off 81%

Scottsdale, AZ, April 26, 2007--Home builder Meritage Homes reported earnings in the first quarter that dropped 81 percent, but the company still solidly beat analysts estimates.

Louisiana-Pacific Reports 1Q Loss

Louisiana-Pacific Reports 1Q Loss

Nashville, TN, April 26, 2007--Louisiana-Pacific in the first quarter posted a loss of $37 million, or $0.36 per diluted share, compared to net income of $84 million, or $0.79 per diluted share, a year earlier.

Pulte Reports 1Q Loss

Pulte Reports 1Q Loss

Bloomfield Hills, MI, April 26, 2007--Pulte Homes reported a loss of $85.7 million in the first quarter amid slumping closings on new homes and a massive inventory

Pergo Adds Fitzgerald Ad Agency

Atlanta, GA, April 24, 2007--Pergo, has selected Fitzgerald+CO as its North American advertising agency of record for its Pergo brand.