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.
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.
Expo Pakistan Not Up to Expectations
Karachi, Pakistan, February 7--The Expo Pakistan did not come up to the expectations of the exporters of carpets, pharmaceuticals and surgical instruments.
Porcelanosa Reduces Prices 25% on Ceramic, Porcela
San Jose, CA, February 7--Porcelanosa San Francisco Inc., said that retail prices on ceramic, porcelain and stone tile products have recently been reduced an average of 25%.
Sound Seal Launches SoundEater
Agawam, MA, February 4--Sound Seal, the leader in sound control products for over 25 years, proudly introduces SoundEater acoustical floor underlayment.
January Consumer Sentiment Off Slightly
Ann Arbor, MI, February 4--The final reading for January of the University of Michigan's consumer sentiment index slid to 95.5, from December's 97.1.
Tandus Announces Management Changes
Dalton, GA, February 4--Tandus US Inc. has announced several strategic management changes designed to enhance the company's future growth. Tandus unites three specialized floor covering brands - Monterey, C&A, and Crossley.
Bane-Clene Celebrates 43 Years
Indianapolis, IN, February 4—-Bane-Clene is celebrating its 43rd anniversary today. On this date in 1962, Bill Bane, Jr. started a part-time office cleaning business, earning $10.00 by cleaning a local doctor's office.
Sherwin-Williams 4Q Earnings Up 16.5%
Cleveland, OH, February 4--Paintmaker and retailer Sherwin-Williams reported earnings in the fourth quarter that increased 16.5 percent on sales increases and recent acquisitions.
Carpetright CEO Buys 76,000 Shares
Rainham, England, February 4--British carpet and flooring retailer Carpetright said its founder, chairman and chief executive Lord Harris of Peckham yesterday bought 76,000 of its shares at an average price of 11.046 stg per share.
Xpress 4Q Earnings More Than Double
Chattanooga, TN, February 4-- Trucking and freight company U.S. Xpress Enterprises Inc. reported earnings more than doubled in the fourth quarter on stronger freight demand and an increase in per mile rates.