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.

December CPI Up 0.1%

Washington, DC, January 19--Consumer prices were off 0.1 percent in December, led by a drop in gasoline and heating oil prices, according to a Labor Department report. The core index, which excludes food and energy increased 0.2%.

Ryland 4Q Earnings Up 26%

Calabasas, CA, January 19—-Homebuilder Ryland Group posted 26 percent growth in fourth-quarter profit and increased its 2005 outlook.

HMI: Builders Confident in Housing Market

Washington, DC, January 19--The nation’s home builders expect the housing market to remain strong as a growing economy helps offset the impact of slowly rising mortgage interest rates, according to the National Association of Home Builders/Wells Fargo Hou

Oregon Rug Dealer Moves to Larger Quarters

Phoenix, OR, January 19--Bug in a Rug blended well for many years inside New West Imports in Medford. The area-rug dealer eventually outgrew its habitat, however, and needed a place of its own, according to the Medford, Oregon, Mail Tribune.

May CEO's Exit Sparks Buyout Speculation

St. Louis, MO, January 19--May Department Stores Co. stock surged Tuesday amid renewed optimism for the company in the wake of chief executive Gene S. Kahn's abrupt resignation Friday.

JNK Signs Agreement with Fpworld.com

Grand Junction, CO, January 18-- JNK Products, LLC, a leading E-tailer of garage flooring products, as well as garage storage, and automotive products has signed an additional marketing agreement with FPWorld.

Faus Licenses Berry Floor

Dalton, GA, January 18--Faus announced that it has granted Berry a patent license on its Embossed-In-Register and Joint Guard beveled edge patents.

3M 4Q Earnings Up 16.3%

St. Paul, MN, January 18--3M Co said its earnings grew 16.3 percent in the fourth quarter. The company earned $720 million, or $0.91 per share, up from $619 million, or $0.77 per share, a year ago. Sales rose 7.9 percent to $5.09 billion from $4.72 billio