CEO Confidence Improves
New York, NY, January 13, 2006--According to The Conference Board's latest survey of CEOs, chief executives’ confidence, which had declined to 50 in the third quarter, improved to 56 in the final quarter of 2005.
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.
International Builders' Show Reports 100,000 A
Orlando, FL, January 13, 2006--Approximately 100,000 housing professionals have turned out for their industry’s largest annual trade show, the 2006 International Builders’ Show, at the Orange County Convention Center in Orlando, Fla., show officials repor
Godfrey Hirst Raises Stake in Feltex
South Geelong, Australia, January 12, 2006--Godfrey Hirst has again emerged as a possible saviour for troubled carpet maker Feltex, today announcing it has bumped its stake from 5.78% to 8.72%, according to ShareChat News.
L.A. DesignWeek Set for March 27-30
Chicago, IL, January 12, 2006--The Los Angeles area will host a celebration of design, March 27-30, 2006, during L.A.DesignWeek.
IVC Names Steyaert President
Dalton, Georgia, January 12, 2006--IVC US, Inc., the North American division of Belgian resilient flooring manufacturer IVC Group, has announced the appointments of Xavier Steyaert, president, and Don Roberts, vice-president of retail sales and marketing.
Special Events at Domotex Add Value
Hannover, Germany, January 12, 2006--A highly attractive supporting program is in store for exhibitors and visitors at the upcoming Domotex Hannover 2006 (14 - 17 January)--the leading trade show for carpets and floor coverings worldwide.
Q.E.P. Earnings Off in 3Q
Boca Raton, FL, January 12, 2006--Q.E.P. Co., in its third fiscal quarter reported net income of $283,000, or $0.08 per diluted share, compared with $1.2 million, or $0.33 per diluted share in the third quarter last fiscal year.
Hooker Furniture Earnings Off on Lower Sales
Martinsville, VA, January 12, 2006--Hooker Furniture said it quarterly profit fell 38.5 percent, hurt by a restructuring charge and lower sales.
Jobless Claims Up 17,000
Washington, DC, January 12, 2006--First-time claims for unemployment benefits rose by 17,000 to a seasonally adjusted 309,000 in the week ending Jan. 7, the Labor Department said Thursday.
SEC Opens Informal Probe of Home Depot
Washington, DC, January 12, 2006--The Securities and Exchange Commission has opened an informal investigation into charges that Home Depot Inc., inflated profits through supplier payments meant to cover the cost of damaged merchandise,