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.

Faus Group Signs T&L Distribution

Dalton, GA, January 27, 2006--Faus Group, Inc., announced that they have signed an agreement with T&L Distributing to begin distribution of the Fausfloor laminate flooring program this month.

Leggett & Platt 4Q Earnings Off

Carthage, MO, January 27, 2006--Leggett & Platt Inc., said Thursday its fourth-quarter net income declined, weighed by hefty restructuring costs, as sales rose.

Dow Chemical 4Q Earnings Rise

Midland, MI, January 26, 2006--Dow Chemical reported earnings for the the fourth quarter that rose on strong pricing across its performance chemicals and plastics businesses.

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.

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.