Forbo Rated Neutral
London, England, August 23-- Analysts at Pictet issue a "neutral" rating on Forbo. The target price is set to CHF250.
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.
Job Cuts Likely With Kmart's Sale to Home Depo
Troy, MI, August 23--Kmart Holding Corp.'s sale of 13 stores to The Home Depot Inc. could cost up to 1,200 Kmart employees their jobs in coming months.
Persian Carpet Exports Hit $600M
Tehran, Iran, August 23--The value of Iran's hand-woven carpet exports reached $600 million last year, Commerce Minister Mohammad Shariatmadari said.
Robotic Vacuums Tend to be More Amusing than Funct
Boston, MA, August 23--A new generation of robotic vacuums is ready to do battle with dirt, dust and dog hair with more cleaning power and cunning than their ancestors could muster.
Connecticut Rug Dealer Offers Art for the Floor
Woodbury, CT, August 20-- A new store here specializes in selling old treasures - antique, hand-woven Persian rugs - to new owners eager to own what proprietor Karen Reddington-Hughes calls "artwork you put on the floor instead of on the walls," according
Wichita Entrepreneur Flourishes in the Cleaning Bu
Wichita, KS, August 20-- When his family's business, South Central Business Forms, closed, Paul Rodriguez found himself trying to figure out what to do with his life, according to the Wichita Eagle.
Pergo Names New Board Members
Trelleborg, Sweden, August. 19--At today's Extraordinary General Meeting at Pergo it was resolved to have nine Directors of the Board.
Nevada Retailer Sells Tile & More
Fallon, NV, August 20 - Paul Orong never planned to own a business, but when the opportunity presented itself he opened Tile Guyz, according to the Lahontan Valley News.
Lanxess Arrives on Chemicals-Rubber-Plastics Scene
Pittsburgh, PA, August 20--A new name with a long tradition of innovation and technical expertise has emerged in the U.S. market for chemicals, synthetic rubber, and plastics, with the launch of Lanxess Corporation, the company announced today.
Philadelphia Fed Shows Slowing Factory Output
Philadelphia, PA, August 19--The pace of manufacturing activity slowed in the US mid-Atlantic region in August, the Federal Reserve Bank of Philadelphia reported.