Producer Prices Unchanged in June
Washington, DC, July 15—-The producer price index for June was unchanged despite higher energy prices, as the core rate fell 0.2%, according to the a Labor Department report.
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Business Inventories Up 0.1%
Washington, DC, July 15—-Business inventories rose 0.1% in May, to $1.3 billion, according to a Commerce Department report.
Q.E.P. 1Q Earnings Off
Boca Raton, FL, July 15--Q.E.P. in its first quarter ended May 31, 2005 reported net income of $770,000, or $0.21 per diluted share, compared with $1.2 million, or $0.32 per diluted share for the same period last year.
DriTac Adhesive Intros Concrete Moisture System
Brooklyn, NY, July 15--DriTac Adhesive Group has introduced the DriTac MCS 7000 Concrete Moisture Control System.
NeoCon West Scheduled for March 29-30
Los Angeles, CA, July 15--The eighth annual NeoCon West exposition is scheduled for March 29-30, 2006, at the L.A. Mart.
NRF: Retail Industry Sales Up 0.5% in June
Washington, DC, July 15--According to the National Retail Federation (NRF), retail industry sales for June (which exclude automobiles, gas stations, and restaurants) rose a strong 7.5 percent unadjusted over last year and increased 0.5 percent seasonally
Industrial Production Up 0.9% in June
Washington, DC, July 15--Industrial production rose 0.9% in June, according to the Federal Reserve. It was the strongest monthly increase since February 2004.
Retail Sales Up 1.7%
Washington, DC, July 14--Retail sales were up a seasonally adjusted 1.7 percent in June, on a rebound in automobile sales, according to the Commerce Department.
Feltex Director Resigns Over Staff Severance Packa
Wellington, New Zealand, July 14--The $1.2 million severance of four senior Feltex managers has led to a falling out in the boardroom of the troubled carpet maker, according to the New Zealand Business Herald.
Solutia to Continue Alabama Cleanup
St. Louis, MO, July 14--Solutia says that, at least for now, it will continue a costly environmental cleanup in Anniston, Alabama, according to the St. Louis Post-Dispatch.