Beazer Shareholders Approve Split
Atlanta, GA, February 8--Beazer Homes USA Inc. said its stockholders and the board approved a previously announced three-for-one stock split and raised the dividend, which effectively triples the prior payout.
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.
Chain Store Sales Up Last Week
New York, February 8--Chain store retail sales rose in the latest week as Super Bowl purchases helped drive sales, especially at discounters, a retail report said on Tuesday.
Canadian Housing Starts Drop 13.8%
Toronto, ON, February 8--Canadian housing starts fell a surprising 13.8 percent in January, but should rebound later in the year as low interest rates and tight labor markets keep some life in Canada's housing boom, Canada Mortgage and Housing Corp. s
Stanton & Nourison Win Wools of New Zealand Compet
Atlanta, GA, February 8--Retailers visiting the Wools of New Zealand’s booth at Surfaces 2005 were invited to participate in the company's annual Fashion Dynamics competition.
Louisiana-Pacific 4Q Earnings Off
Nashville, TN, February 8--Louisiana-Pacific reported fourth-quarter net earnings that dropped 92 percent due to higher raw material costs, planned and unplanned downtime, movement of the Canadian dollar and a higher-than-expected effective tax rate.
Brisk Sales Reported at Carpet Oasis in Dubai
Dubai, UAE, February 8--The Carpet Oasis at the Dubai World Trade Center saw a rush of shoppers on its closing day thanks to its excellent location at the Dubai World Trade Centre this year.
Republicans Request Asbestos Bill Delay
Washington, DC, February 8--Senate Majority Leader Bill Frist has requested a one-week delay in the introduction of a bill to create a $140 billion fund to replace asbestos lawsuits so he could study its provisions, the author of the effort said on Monday
Mannington Announces 'Stand on a Better World&
Salem, NJ, February 8--Do you know someone whose contributions to her community should be recognized? Does she "stand on" making this world a better place? Then consider nominating her for Mannington's Stand on a Better World Awards.
Illinois Painter Expands into Flooring
Lincoln, IL, February 7—-A new Lincoln business, Simonson Flooring was getting a last-minute painting touch up today for its ribbon cutting ceremony and open house, according to the Lincoln, Illinois Courier.
Some See Home Building Peak
New York, NY, February 7--Home builders have been among the best performing stocks over the last several years as consumers took advantage of historically low mortgage rates.