DuPont to Raise Prices
Wilmington, DL, May 17, 2006--DuPont Co., said it will raise prices across most businesses to help offset the rising cost of raw materials, driven largely by higher oil prices.
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.
Repeat Visitors 8 Times More Likely To Make Online
San Diego, CA, May 15, 2006--When it comes to making a purchase online, repeat visitors are eight times more likely to click the order button than new visitors, according to new data from WebSideStory, Inc.
Saks 1Q Earnings Up on One-Time Gain
Birmingham, AL, May 16, 2006--Saks Inc. reported net income in the first quarter that rose to $81.5 million, or $0.60 per share, from $16.2 million, or $0.11 per share, a year ago.
Producer Prices Rise 0.9%
Washington, DC, May 16, 2006--Producer prices rose 0.9% in April, led by higher energy costs, but prices outside of energy were well contained, according to Labor Department data released Tuesday.
Federated Raises 2Q Outlook
Cincinnati, OH, May 16, 2006--Federated Department Stores raised its second-quarter financial forecast by $0.33 per share, due to a favorable tax settlement with the Internal Revenue Service.
Housing Starts Off in April
Washington, DC, May 16, 2006--Housing starts fell 7.4% in April to a seasonally adjusted 1.85 million annualized units, according to the Commerce Department.
RugBuddy Named to Metropolitan Home's 'Des
Atlanta, GA, May 16, 2006 -- Metropolitan Home magazine named RugBuddy to their May 2006 annual “Design 100” list -- a “quixotic collage” of interesting and unique people, places and things in the world of design.
Propex Reports 1Q Results
Chattanooga, TN, May 16, 2006--Propex Fabrics Inc., today announced 2006 first quarter financial results.
Builder Confidence Declines In May
Washington, DC, May 16, 2006--Rising mortgage rates, deepening affordability issues and the retreat of investors/speculators from the marketplace are prompting single-family home builders to further adjust their perspectives on the new-home market.