H.B. Fuller OKs $100M Share Buyback
St. Paul, MN, July 12, 2007--H.B. Fuller said its board authorized a share buyback of up to $100 million of its common stock and backed its outlook for 2007 earnings from continuing operations.
Today's Flooring News
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Retailers Post Soft Sales in June
New York, NY, July 12, 2007--The nation's retailers posted generally disappointing sales for June, reflecting elevated gasoline process and a weak housing market.
Jobless Claims Off Last Week
Washington, DC, July 12, 2007-- Jobless claims for state unemployment dropped by 12,000 to stand at 308,000, for the week ended July 7,according to the Labor Department.
Trade Gap Increases on Rising Oil Prices
Washington, DC, July 12, 2007—Rising oil prices outstripped record exports, causing the trade gap to increase in May, according to the U.S. Commerce Department.
Tennant Recognized for Environmental Efforts
Minneapolis, MN, July 12, 2007--Tennant Co. announced that it has been included by KLD Research and Analytics for the 2007 Domini 400 Social Index (DS400).
Trainingspace Logs its 10,000th Hour of Training
Sausalito, CA, July 12, 2007--Trainingspace a subsidiary of DCS Partnership Group, has logged their 10,000th hour of training.
CEO Confidence Declines in 2Q
New York, NY, July 12, 2007--The Conference Board Measure of CEO Confidence, which had improved to 53 in the first quarter of 2007, fell to 45 in the second quarter.
NAHB Urges Congress to Support Green Building
Washington, DC, July 12, 2007--The National Association of Home Builders (NAHB) urged Congress to support green building initiatives through tax credits and few mandates.
Pali Starts Mohawk Coverage with a Neutral Rating
New York, NY, July 12, 2007--Pali Research initiates coverage on Mohawk Industries with a Neutral rating.
NAR: Housing Starts Expected to Fall in 2008
Washington, DC, July 11, 2007 – Existing-home sales are expected to total 6.11 million this year and 6.37 million in 2008, down from 6.48 million last year, according to the latest forecast by the National Association of Realtors.