Manufacturer to Buy Property From Armstrong
Lancaster, PA, Jan. 28--Another local businessman is hoping to put some of Armstrong World Industries' surplus land to good use, according to the Lancaster New Era.
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.
Credit-Card Sale Gives Sears $2.75B Profit
Hoffman Estates, Jan. 29--Sears, Roebuck & Co. posted a record $2.75 billion profit for the fourth quarter thanks to the sale of its credit-card unit to Citigroup.
Monsanto CEO: A 'Vibrant' Solutia Would Be
St. Louis, Jan. 29--The best outcome from Monsanto's standpoint of Solutia's Chapter 11 bankruptcy proceeding is for the chemical company to emerge as a "vibrant" business that can take care of its obligations, Monsanto Chairman and Chief Executiv
Peninsula Floors and Floor Space Merge
Livermore, CA.Jan. 29--Peninsula Floors, Inc. and Floor Space, Inc. residential contract flooring companies, announced today that they have merged.
Honeywell Posts 4th Quarter Profit On Increased Sa
Morristown, NJ, Jan. 29--Honeywell International Inc. posted a fourth- quarter profit, reversing a year-earlier loss weighed down by asbestos- litigation costs.
Leggett Reports 4th Quarter EPS Of $.30 On Strong
Carthage, Mo, Jan. 28--Leggett & Platt Inc. said fourth-quarter net income rose 21%.
Dow Chemical Posts Profit on Higher Sales, Tax Ben
Midland, MI, Jan. 29--Dow Chemical Co. reported a profit for the fourth quarter, reversing a loss a year earlier, when merger expenses, a big asbestos charge and restructuring costs hurt the bottom line.
Shaw Living’s Modern Elements Debuts At Atlanta Ma
Dalton, GA, Jan. 28--Shaw Living unveils Modern Elements at the Atlanta International Area Rug Market, January 15th--18th.
Fed Clears Way For Future Rate Increase
Washington, Jan. 28--The Federal Reserve has freed its hands for a future increase in interest rates.
New-Home Sales Slide Again
Washington, Jan. 28--New-home sales dropped for a second straight month in December, but also turned in a strong showing for all of 2003.