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.

Consumer Sentiment Slips in October

Ann Arbor, MI, October 28, 2005--Consumer sentiment fell slightly in late October, according to media reports of proprietary research at the University of Michigan.

Five Receive CFI Master-II Certification

Kansas City, MO, October 28, 2005—Earlier this month, five installers achieved CFI Master-II certification, the highest level of certification in the carpet installation field.

Dow Chemical 3Q Earnings Up 30%

Midland, MI, October 27, 2005--Dow Chemical Co. in the third quarter reported earnings that increased 30% to $801 million, or $0.82 a share, from $617 million, or $0.65, a year earlier.

Help-Wanted Ad Index Edges Up

New York, NY, October 27, 2005--The Conference Board help-wanted advertising index inched up one point in September. The Index now stands at 39, up from 38 last month. It was 36 one year ago.

Feltex Nixes Godfrey Hirst Merger Deal

Wellington, New Zealand, October 27, 2005--Shares in Feltex fell 6.5% in early trading today on news its planned merger with Australia-based carpet maker Godfrey Hirst has been called off.

Georgia-Pacific 3Q Earnings Off

Atlanta, GA, October 27, 2005--Georgia-Pacific posted weaker quarterly profit because of surging energy costs and lower prices for packaging and some paper and pulp products.

Tennant 3Q Earnings Up

Minneapolis, MN, October 27, 2005--Tennant Co. reported net earnings for the third quarter of $6.3 million, or $0.69 per diluted share. Net earnings in the third quarter of 2004 were $1.0 million, or $0.11 per diluted share.

New Home Sales Up 2.1%

Washington, DC, October 28, 2005--Sales of new homes rose 2.1% in September according to a Commerce Department report.