Indian Carpet Fair Concludes
Varanasi, India, October 21, 2005--India Carpet Export, which concluded on October 17, 2005, generated a business of over Rs 1 billion during its three-day exposition at Varanasi.
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.
Report: Wal-Mart Continues to Dominate Top Retaile
Columbus, OH, October 21, 2005--Retail Forward in its annual release of The Top 200 Retailers Worldwide reports that Wal-Mart's growing international presence is cementing the company's position at the top of the list of the world's largest re
F. Schumacher & Company Restructures
New York, NY, October 21, 2005—Dale Williams has resigned as president of Waverly Lifestyle Group and has been succeeded by Dan Bonini.
Conference Board: Katrina and Rita Hurt Economy
New York, NY, October 21, 2005--Soaring energy prices and the enormity of Hurricanes Katrina and Rita will have a significant impact on the U.S. economy.
NRF Urges President to Reject $200B Import Tax Pro
Washington, DC, October 21, 2005—The National Retail Federation today asked President Bush to reject a tax reform panel’s recommendation that would end the corporate tax deduction for imported goods, saying the move could cost consumers more than $200 bil
Analysts See Forbo 3Q Sales Increasing
London, England, October 21, 2005--Forbo is expected to post a 3.2% rise in 3Q sales to around CHF425M from last year's CHF411.8M, according to the average of forecasts from three analysts polled by DJN.
Freddie Mac: Long-Term Rates Highest in 15 Months
Washington, DC, October 21, 2005--Freddie Mac said that long-term rates are at the highest level in 15 months, and the one-year, Treasury-indexed adjustable rate is at its highest level since July 2002 in the week ending Thursday.
Home Depot Upgraded by Bear Stearns
Atlanta, GA, October 21, 2005--Home Depot shares reached their highest point in more than a month Thursday after an analyst said the company's well positioned to handle the triple threat of a bursting housing bubble, higher energy prices and slowing c
NAHB: Housing Poised To Recede From Peak Levels
Washington, DC, October 21, 2005--Frustrated that steadily increasing the federal funds rate in quarter-percentage-point increments hasn’t driven up the low long-term mortgage rates that have helped fire up the housing market in recent years.
USGBC Spearheads Hurricane Initiative at Greenbuil
Washington, DC, October 21, 2005--The U.S. Green Building Council (USGBC), together with the Enterprise Foundation, Habitat for Humanity, the Trust for Public Land and others have.