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.
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.
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.
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.
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.
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
Atlanta, GA, April 24, 2007--Pergo, has selected Fitzgerald+CO as its North American advertising agency of record for its Pergo brand.
Washington, DC, April 25, 2007--New homes rose in March for the first time in three months, increasing 2.6 percent to an annual pace of 858,000 last month, according to the Commerce Department.
Washington, DC, April 25, 2007--Durable goods orders rose 3.4 percent in March, after a 2.4 percent gain in February, according to the Commerce Department.
Hong Kong, China, April 25, 2007--Akina is the newest contemporary Axminster and hand tufted collection from Tai Ping. Designed with the modern hospitality sector in mind, Akina launches at HD Expo in May 2007.
New York, NY, April 25, 2007--Analysts at Stifel Nicolaus & Company maintain their "hold" rating on Mohawk, while raising their estimates for the company.