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.

Home Depot Increases Buyback By $1B

Atlanta, GA, August 19--Home Depot declared a second quarter cash dividend of $0.10 per share. The compnay’s board also authorized an additional $1 billion to repurchase outstanding shares, bringing the total authorized share repurchase program to $11 bil

Kohl's Outlines Growth Plans

Menomonee Falls, August 19--Kohl's is looking to nearly double its store count in an expansion move that management anticipates will ring up sales of $24 billion in the next five years.

Pakistan Hand-knotted Carpets Exhibition Set for A

Karachi, Pakistan, August 18--Pakistan Carpet Manufacturers and Exports Association (PCMEA) Chairman Abdul Ghafoor Sajid said the regional hand-knotted carpets exhibition will be held at the Karachi Expo Centre from August 28-30.

Pergo Changes Option Program

Trelleborg, Sweden, August 18--At the Annual General Meeting on April 17, 2005, Pergo decided to implement a performance-related stock option program, according to which a total of 2,700,000 stock options should be allotted free of charge to approximately

Leading Indicators Rise 0.1% in July

Washington, DC, August 18--Leading indicators of economic activity increased 0.1% in July, suggesting "moderate growth into the fall," according to the Conference Board.

Weekly Jobless Claims Up Slightly

Washington, DC, August 18--The number of newly laid off Americans filing applications for unemployment benefits rose slightly last week but still remained at levels indicating a strong labor market.

W.F. Taylor Awarded GreenGuard Certification

Atlanta, GA, August 18--The GreenGuard Environmental Institute awarded GreenGuard Indoor Air Quality Certification to W.F. Taylor's Meta-Tec Adhesive Solutions and Envirotec Healthguard Adhesives.