Analysts Keep Mohawk Hold Rating, Reduce Estimates
New York, NY, July 18, 2006--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk, while reducing their estimates for the company.
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.
NJ Tax Hike Hits Flooring Installers
Trenton, NJ, June 17, 2006--Effective last Saturday, New Jersey hiked by 1% the sales tax on a range of goods services, including flooring installation and pet grooming. State tax now totals 7%.
Faus Expands Sales, Tech Teams
Calhoun, GA – Faus Group, Inc. announced today they are continuing to expand and reorganize their Fausfloor sales and technical teams.
Retail Sales Off 0.1%
Washington, DC, July 14, 2006--Retail sales were off 0.1% in June, according to a Commerce Department report.
Coles-Christensen Buys Packards West
Santa Fe, NM, July 14, 2006--Gary Coles-Christensen, a founding partner of Packards West, has acquired G. Coles-Christensen, Rug Merchants. The transaction was finalized July 1, 2006,
Smart Carpet One of NJ’s Fast-Growing Firms
Manasquan, NJ, July 14, 2006--Smart Carpet & Flooring has been named one of New Jersey's 50 fastest-growing companies.
CFIF: Senate Must Address Asbestos Cases
Alexandria, VA, July 14, 2006--The Center for Individual Freedom (CFIF) today joined over 100 organizations representing veterans, healthcare providers, small businesses, lawmakers and concerned citizens to demand the Senate vote on a The Fairness in Asbe
Home Depot Hits 52-Week Low
New York, NY, July 13, 2006--Shares of Home Depot Inc., fell to a 52-week low on Wednesday amid a broad sell-off on Wall Street and further pressured by a cautious note from Bear Stearns predicting slowing sales due to the cooling housing market.
NAHB Issues Housing Start Forecast State-by-State
Washington, DC, July 13, 2006--While nationally the housing market is experiencing a gradual cooling process, some states continue to show growth, according to the National Association of Home Builders’ (NAHB) State Housing Starts Forecast.
79% of Online Small Businesses Shop Online
New York, NY, July 12, 2006--JupiterResearch has found that 79 percent of online small businesses conduct business-related online shopping regularly, making it almost as prevalent as the use of email among online small businesses.