Linens N Things Ponders Sale
Clifton, NJ, September 16, 2005--Shares of Linens N Things rose to a new 52-week high Wednesday on news that the company may put itself on the market.
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Dow Chemical to Seek Price Hikes Across the Board
Midland, MI, September 16, 2005--Dow Chemical said it would seek price increases across its entire portfolio of chemical and plastic products to offset the impact of rising energy prices.
Wilbur Ross Shows Interest in Collins & Aikman Cor
New York, NY, September 16, 2005--Investor Wilbur Ross, known for buying ailing companies and turning them around, expressed an interest on Thursday in bankrupt auto parts supplier Collins & Aikman Corp.'s U.S. units.
Consumer Price Index Up 0.5%
Washington, D.C., September 15, 2005-- Core inflation remained contained in August, with the core consumer price index rising 0.1% for the fourth straight month, the Labor Department reported Thursday.
Business Inventories Off 0.5%
Washington, D.C., September 15, 2005—Business inventories unexpectedly fell by 0.5% in July, led by a drop in motor vehicles and parts, the Commerce Department said Thursday.
Mannington Increases Commercial and Residential Re
Salem, NJ, September 15, 2005--Mannington Mills announced today that it will be instituting a price increase across both residential and commercial resilient product lines.
CFI, WFCA Broaden Educational Focus
Kansas City, MO, September 15, 2005--“Combining their efforts, the WFCA and CFI will broaden their educational focus during the coming year, bringing events to the local areas and concentrating on large skills workshops with individual training,” accordin
Omnova Solutions Provides 3Q Guidance and Hurrican
Fairlawn, OH, September 14, 2005--- Omnova Solutions Inc. reported that it expects earnings per share for the third quarter of 2005, ending August 31, 2005, to be $0.03 with net income of $1.4 million.
Retail Sales Drop Sharply in August
Washington, D.C., September 14, 2005 --- U.S. retail sales dropped by a larger-than-expected 2.1 percent in August, the sharpest drop in almost four years, after car purchases collapsed from July's near-record level, government data showed on Wednesda
NRF: Retail Industry Sales Up 7.9% in August
Washington, D.C., September 15, 2005—It may have cost much more to fill up at the pump last month, but consumers were not letting that affect spending in other areas.