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.

Steve Forbes To Give Coverings' Keynote Addres

Alexandria, VA, Nov. 14--Coverings announced today that Steve Forbes, president and CEO of Forbes, Inc. and editor-in-chief of Forbes Magazine, will be the keynote speaker for this leading global trade event for ceramic tile, natural stone, flooring and r

Sears Note Tender Completed

Hoffman Estates, IL, Nov. 17--Sears Roebuck & Co. said about $5.9 billion in notes, excluding redemptions in 2004, were tendered in its cash offer to buy $11.8 billion of its debt.

Economists Lift Forecasts For Early 2004

New York, NY, Nov. 12--Economists are nudging higher their projections for economic growth early next year, suggesting they are becoming more confident the recovery is sustainable.

Wholesale Prices Rise

Washington, DC, Nov. 14--Wholesale prices grew at the fastest pace in seven months in October.

Moody's Confirms Mohawk's Long Term Debt R

New York, NY, Nov. 13--Moody's Investors Service confirmed the Baa2 long term debt rating of Mohawk Industries, Inc. with a stable outlook following the announcement the company had completed its acquisition of Lees Carpet.

New Filing In Mohawk Lawsuit

Atlanta, GA, Nov. 13--A filing in a lawsuit against Mohawk Industries Inc. claims the nation's second-largest carpet maker has withheld crucial evidence and tried to silence a witness in the case of a rookie police officer who died in an accident at o

Retail Sales Down

Washington, DC, Nov. 14--Retail sales fell slightly more than expected in October as demand tumbled for motor vehicles and parts.