Durable Goods Orders Up 1.3%
Washington, DC, January 26, 2006—Orders for durable goods rose 1.3% in December, despite a large decline in aircraft orders, according to the Commerce Department.
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Weekly Jobless Claims Rise 11,000
Washington, DC, January 26, 2006--First-time claims unemployment benefits rose 11,000 to a seasonally adjusted 283,000 in the week ended Jan. 21, the Labor Department said Thursday.
Foamex Adjourns Hearing on Disclosure Statement
Linwood, PA, January 26, 2006--Foamex International Inc., said today that it adjourned the hearing to consider approval of the Disclosure Statement, originally scheduled for January 26, 2006, to February 13, 2006.
Bed Bath & Beyond Board OKs Buyback Boost
Union, NJ, January 26, 2006--Bed Bath & Beyond Inc., said Wednesday that its board has approved a $200 million increase to its previously announced $400 million stock buyback program.
Marazzi Readying for IPO
Sassuolo, Italy, January 26, 2006--Italian ceramics group Marazzi is preparing to list on the Milan stock exchange.
NLPC Decries Politicizing Asbestos
Washington, DC, January 26, 2006--The National Legal and Policy Center (NLPC) today sent an open letter to the United States Senate condemning an unnamed Democratic Party aide for comments in yesterday's Roll Call article.
Mohawk Rug Display Maximizes Use of Small Space
Sugar Valley, GA, January 26, 2006--Forty rugs in less than 20 square feet is reportedly the advantage that the new Mohawk Select area-rug display offers.
Federated to Invest in Online Sales
Cincinnati, OH, January 26, 2006--Federated Department Stores announced it plans to invest some $130 million over the next two years in infrastructure improvements and service enhancements to support continued growth of its direct-to-consumer businesses.
Sherwin-Williams 4Q Earnings Off
Cleveland, OH, January 26--Sherwin-Williams in the fourth quarter reported earnings that were off to $75.1 million or $0.54 a share, compared with $82.5 million, or $0.57 a share in the year-ago period.
Federated Projects 1Q Loss
Cincinnati, OH, January 26, 2006--Federated Department Stores said it expects to post a loss in the fiscal first quarter amid weaker sales in existing stores.