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.
Wellington, New Zealand, October 20, 2005--The canned merger between carpet-makers Feltex and Godfrey Hirst won't be revived, but sharing a wool-scouring facility or trading plants are options the rivals will explore within the next few weeks.
New York, NY, October 20, 2005--The Conference Board announced today that the U.S. leading index decreased 0.7 percent, the coincident index decreased 0.1 percent and the lagging index increased 0.2 percent in September.
Carthage, MO, October 20, 2005--Leggett & Platt posted third-quarter net income of $54 million, or 28 cents a share, compared with $80.2 million, or $0.41 a share, a year earlier.
Greensboro, NC, October 20, 2005--Unifi Inc. said it is exploring various options, including a potential merger or sale of the company and restructuring of its outstanding debt.
Toronto, Ontario, October 20, 2005--Sears Canada reported a third-quarter loss, mainly because of pretax charges and staffing costs.
Mercerville, NJ, October 20, 2005--Congoleum Corp. said the law firm of Gilbert Heintz & Randolph will be withdrawing as coverage counsel by mutual agreement following an appeals court ruling that it had other representations which were in conflict with i
New York, NY, October 20, 2005--Shares of truckers Covenant Transport and US Xpress headed downhill Wednesday after an analyst downgraded both stocks on the companies' limited ability to offset higher costs.
Washington, DC, October 20, 2005--First-time jobless claims dropped by 35,000 to 355,000 in the week ending Oct. 15, according to the Labor Department.
Washington, DC, October 20, 2005--An ongoing working alliance between the National Association of Home Builders (NAHB) and the Occupational Safety and Health Administration (OSHA) was cemented by way of a formal re-signing ceremony attended by leaders of
Karachi, Pakistan, October 19, 2005--Pakistan's carpet exports may face a decline in the current financial year due to the natural calamities in the United States and the skyrocketing oil prices.