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.

Wilbur Ross to Acquire Collins & Aikman's Carpet

New York, April 23, 2007--Wilbur L. Ross, Jr., chairman of International Automotive Components Group North America, has signed a definitive agreement with Collins & Aikman to acquire C&A's Carpet & Acoustics Division.

Eight Bane-Clene Extractors Earn CRI Seal

Eight Bane-Clene Extractors Earn CRI Seal

Dalton, GA, April 23, 2007--A total of eight new truck mount extractors--all made by Bane-Clene Corp--have been added to the Seal of Approval category for extractor equipment.

Sherwin-Williams 1Q Earnings Off

Sherwin-Williams 1Q Earnings Off

Cleveland, OH, April 23, 2007--Sherwin-Williams in the first quarter said that net sales, net income and diluted net income per common share were essentially flat in the quarter.

D.R. Horton 2Q Earnings Off 85%

D.R. Horton 2Q Earnings Off 85%

Fort Worth, TX, April 20, 2007--D.R. Horton Inc. said its profits plunged 85 percent in the January-March quarter, and its chief executive said the weak housing market would continue into 2008.

Leading Indicators Point to Slower Growth

Washington, D.C. April 20, 2007--The Conference Board announced today that the U.S. leading index increased 0.1 percent, the coincident index increased 0.1 percent and the lagging index increased 0.1 percent in March.

Jobless Claims Remain Elevated

Washington, D.C., April 20, 2006--The number of people applying for state unemployment benefits fell by 4,000 to 339,000 in the week ending April 14, the Labor Department reported Thursday.