Pergo and Witex in Arbitration
Trelleborg, Sweden, June 24--In an announcement Pergo has said that arbitration has been initiated between Pergo and the bankruptcy estate of Witex.
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.
Iran's Carpet Show Kicks off in Tokyo
Tokyo, Japan, June 24-- A major exhibition on Iranian carpets opened at the Mitsubishi Club in Tokyo on Tuesday, according to the Persian Journal.
Durable Goods Orders Off in May
Washington, DC, June 24--Orders for new durable goods fell for the second straight month in May, the Commerce Department said Thursday.
Bashian Sues Home Depot
New York, NY, June 24, 2004 -- In a lawsuit filed in the U.S. District Court for the District of New Jersey (Newark, Bashian Bros., Inc., a nationally known importer and wholesaler of Oriental Rugs, has sued Home Depot U.S.A.for $710,665.
Moody's Raises Federated’s Outlook Stable
New York, NY, June 24--Moody's Investors Service on Wednesday raised the outlook for Federated Department Stores Inc.'s debt ratings to "stable" from "negative."
Bed Bath & Beyond’s Earnings Up
Union City, NJ, June 24--Bed Bath & Beyond Inc.'s net income in the latest quarter rose almost 43 percent as the company added stores and boosted sales per store.
Solutia: Anniston Cleanup to Resume in July
Anniston, AL, June 23--Solutia officials said Monday that the company was on track to resume residential PCBs cleanup in mid-July.
Mohawk's “Mega Millions Payout” Offers Big Rew
Dalton, GA, June 23--Feeling lucky? You should, with the latest Mohawk Rewards Plus promotion.
NY Fed: No Sign of Housing Bubble
New York, NY, June 23--There is no bubble in national home prices, and even if regional house prices do fall that will not pose a threat to the overall U.S. economy, the New York Federal Reserve Bank said on Tuesday.
Cavalier Homes Expects Second Quarter Loss
Addison, AL, June 23, 2004--Cavalier Homes, Inc.today announced that, although its financial results for the second quarter of 2004 are expected to show improvement from the first quarter of 2004.