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.
Dow Increases Carpet Latex Prices
Midland MI, May 17, 2006--Effective June 12, 2006, the Dow Emulsion Polymers business will increase the prices of all styrene butadiene (S/B) latex products sold into the carpet industry by US $0.03 per dry pound.
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.
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.
Chain Store Sales Unchanged Last Week
New York, NY, May 16, 2006--Chain store sales were unchanged in the latest week as spending ahead of Mother's Day offset cool, wet weather and rising gasoline prices, according to a report on 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.
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.
ServiceMaster CEO Resigns
Downers Grove, IL, May 16, 2006--ServiceMaster Co., said that its chairman and chief executive, Jonathan Ward, has resigned.