Rural America Trails in Broadband Use
Washington, DC, February 27, 2006--Rural Americans are less likely to log on to the internet at home with high-speed internet connections than people living in other parts of the country.
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.
Court Upholds Välinge Patent
Waregem, Belgium, February 27, 2006--The German Patent Court judged on February 23rd that Välinges Utility Model DE 299 24 259 was new and inventive over the prior art, and decided to maintain the Utility Model.
Mohawk Plans Expansion at Virginia Carpet Facility
Glasgow, VA, February 27, 2006—Lees Commercial Carpets, a division of Mohawk, according to the News Leader, will invest $26.6 million to expand its manufacturing facility at Rockbridge County.
Asbestos Bill Sponsors Seek Signatures for Revote
Washington, DC, February 27, 2006--The co-sponsors of legislation to create a $140 billion asbestos victims' compensation fund are trying to gather 60 senators' signatures on a letter asking for another vote on the bill, Senate aides said on Frida
Mohawk Upgraded to Outperform
New York, NY, February 27--Analysts at Morgan Keegan upgrade Mohawk Industries Inc., to "outperform," while reducing their estimates for the company.
Las Vegas Market January ’06 Draws 50,000 Plus
Las Vegas, NV, February 23, 2006--Six months after the debut of the highly successful inaugural Las Vegas Market, which was the largest show launch in U.S. trade show history, all eyes in the international home furnishings industry were focused on the sec
Solutia Gets Pledge to Extend and Upsize DIP Finan
St. Louis, February 24, 2006--Solutia Inc., today announced it has received a fully underwritten commitment for $825 million of debtor-in-possession (DIP) financing, maturing March 31, 2007.
Home Depot Boosts Buyback by $1 Billion
Atlanta, GA, February 24, 2006--Home Depot said its board authorized the repurchase of an additional $1 billion worth of outstanding shares, bringing the total buyback authorization to $12 billion.
Durable Goods Orders Off 10.2% on Lower Aircraft O
Washington, DC, February 24, 2006--Durable goods orders dropped 10.2% in January as aircraft orders dried up after three months of strength, the Commerce Department reported Friday.
Help-Wanted Advertising Index Dips
New York, NY, February 24, 2006--The Conference Board Help-Wanted Advertising Index – a key measure of job offerings in major newspapers across America – dipped one point in January.