Conference Board: Katrina and Rita Hurt Economy
New York, NY, October 21, 2005--Soaring energy prices and the enormity of Hurricanes Katrina and Rita will have a significant impact on the U.S. economy.
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.
NRF Urges President to Reject $200B Import Tax Pro
Washington, DC, October 21, 2005—The National Retail Federation today asked President Bush to reject a tax reform panel’s recommendation that would end the corporate tax deduction for imported goods, saying the move could cost consumers more than $200 bil
NAHB: Housing Poised To Recede From Peak Levels
Washington, DC, October 21, 2005--Frustrated that steadily increasing the federal funds rate in quarter-percentage-point increments hasn’t driven up the low long-term mortgage rates that have helped fire up the housing market in recent years.
USGBC Spearheads Hurricane Initiative at Greenbuil
Washington, DC, October 21, 2005--The U.S. Green Building Council (USGBC), together with the Enterprise Foundation, Habitat for Humanity, the Trust for Public Land and others have.
Home Builders Continue OSHA Alliance to Improve Wo
Washington, DC, October 20, 2005--An ongoing working alliance between the National Association of Home Builders (NAHB) and the Occupational Safety and Health Administration (OSHA) was cemented by way of a formal re-signing ceremony attended by leaders of
Leggett & Platt 3Q Earnings Off
Carthage, MO, October 20, 2005--Leggett & Platt posted third-quarter net income of $54 million, or 28 cents a share, compared with $80.2 million, or $0.41 a share, a year earlier.
Unifi to Explore Potential Merger or Sale
Greensboro, NC, October 20, 2005--Unifi Inc. said it is exploring various options, including a potential merger or sale of the company and restructuring of its outstanding debt.
Sears Canada Reports 3Q Loss
Toronto, Ontario, October 20, 2005--Sears Canada reported a third-quarter loss, mainly because of pretax charges and staffing costs.
Congoleum Retains New Insurance Counsel
Mercerville, NJ, October 20, 2005--Congoleum Corp. said the law firm of Gilbert Heintz & Randolph will be withdrawing as coverage counsel by mutual agreement following an appeals court ruling that it had other representations which were in conflict with i
Trucking Companies Covenant, US Xpress Slide on Do
New York, NY, October 20, 2005--Shares of truckers Covenant Transport and US Xpress headed downhill Wednesday after an analyst downgraded both stocks on the companies' limited ability to offset higher costs.