Supreme Court Hears Mohawk/RICO Detail
Washington, DC, April 27, 2006--Yesterday the Supreme Court heard the Mohawk Industries case, probing whether federal racketeering laws, originally enacted to combat organized crime, can apply to corporations.
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.
Beazer 2Q Earnings Up, Outlook Cut
Atlanta, GA, April 27, 2006--Beazer Homes USA Inc., on Thursday posted better-than-expected earnings for the second quarter, but said orders for new homes fell and the homebuilder revised its outlook for the full-year lower.
DomotexAsia/ChinaFloor Attendance Up
Shanghai, China, April 27, 2006--DomotexAsia/ChinaFloor 2006 was able to chalk up several new records at the end of its Shanghai run from 28 to 30 March, with organizers reporting double-digit growth rates for Asia's biggest floor coverings show.
Mannington Commercial Honors Distributors
Calhoun, GA, April 27, 2006--Mannington Commercial recently gave awards to some of its top distributor partners based on performance excellence in six categories in 2005.
Dow Chemical’s 1Q Earnings Off
Midland, MI, April 27, 2006--Dow Chemical Co., reported first-quarter net income fell 10% on 3% higher revenue. Net fell to $1.21 billion, or $1.24 a share, from $1.35 billion, or $1.39, in the year-earlier period.
Pergo Holds Annual General Meeting
Stockholm, Sweden, April 27, 2006--Pergo's annual general meeting resolved to adopt the Parent Company Income Statement and Balance Sheet as well as the Consolidated Income Statement and Balance Sheet.
Interface Reports 1Q Results
Atlanta, GA, April 26, 2006--Interface, Inc., today announced results for the first quarter ended April 2, 2006. Sales in the 2006 first quarter rose 6.8% to $250.6 million from $234.7 million in the year ago period.
Congoleum Not in Compliance for Amex Listing
Mercerville, NJ, April 26, 2006--Congoleum Corp., said it has received a letter from the American Stock Exchange (Amex) indicating that it does not meet the minimum income and stockholders' equity requirements for continued listing on the Amex.
DriTac Launches New Urethane Wood Flooring Adhesiv
Brooklyn, NY, April 26, 2006--DriTac announced the addition of Easy Spread DriTac 7400 Moisture Cure Urethane Wood Flooring Adhesive to its line of professional grade wood flooring adhesives.
New Home Sales Jump 13.8%
Washington, DC, April 26, 2006--New home sales unexpected increased by 13.8% in March to a seasonally adjusted annual rate of 1.213 million, the highest level of the year, according to a Commerce Department report.