Weyerhaeuser 3Q Earnings Off 52%
Federal Way , WA, October 21, 2005-- Weyerhaeuser said Friday third-quarter profit plunged 52% amid difficult business conditions.
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.
Stainmaster Brand Expands into Furniture
Atlanta, October 21, 2005--The Stainmaster brand, with more than 90% consumer awareness, is now available in a new line of furniture.
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.
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.
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
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