Lowe's Prices $1B Notes Offering
Charlotte, NC, October 4, 2005 -- Lowe's said it had agreed to sell $500 million of 5.0% notes due 2015 and $500 million of 5.5% notes due 2035.
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.
Tricycle's Sustainable Samples Kept 50,000+ lb
Chattanooga, TN, October 4, 2005 -- Sustainable design company Tricycle has published its first annual Environmental Report Card, on the heels of a Green Apple Award for international environmental best practice.
Reinhart Resigns as Dow CFO
Midland, MI, October 4, 2005 -- Dow Chemical Co. chief financial officer J. Pedro Reinhard resigned effective October 1, the company said in a filing with the Securities and Exchange Commission on Monday.
Wal-Mart Rotates International and U.S. Execs
Bentonville, AR, October 3, 2005--Wal-Mart said on Friday that the heads of its U.S. and international operations would switch roles as the world's biggest retailer struggles to boost sluggish sales growth at home and abroad.
Feltex Hopes Restructuring Will Increase Earnings
Wellington, New Zealand, October 3, 2005--Feltex has asked its shareholders to hang in there regarding details on the extent of its restructuring, which is expected to improve profitability. Details will be unveiled in two weeks.
Scandian Names Patterson VP Sales & Marketing - No
Virginia Beach, VA, October 3, 2005-- Scandian Industries has named John T. Patterson to the newly created position of vice-president of sales and marketing-North America.
Construction Spending Up in August
Washington, D.C., October 3, 2005--Spending on construction projects increased 0.4% in August, according to the Commerce Department. It was the biggest increase in three months.
Home Depot Closer to Opening in China
Atlanta, GA, October 3, 2005—-According to the Atlanta Journal-Constitution, Home Depot has moved a step closer to opening stores in China, a key growth frontier with a $50 billion home improvement market.
R.C. Willey to Open California Distribution Center
Roseville, CA, October 3, 2005--R.C. Willey and the City of Roseville announced that R.C. Willey Home Furnishings has signed a lease to occupy 495,185 square feet at 10000 Allantown Drive in Roseville, California.
Expert Says Iran's Carpet Sector Neglected
London, England, October 3, 2005--A noted sculptor has called for paying more attention to woven handicrafts of tribal communities in order to prevent them from becoming extinct, according to Iran Daily.