3M To Split Stock
St. Paul, MN, Aug. 12--3M, the maker of Post-It notes and fiber optic connectors, on Monday said it set a 2-for-1 split of its common stock, spurring its high-flying shares to a new all-time high.
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.
Armstrong's Lockhart Joins NAFCD's Panel D
Chicago, IL, Aug. 12--Armstrong chairman and CEO Michael D. Lockhart will participate in an industry panel discussion hosted by the National Association of Floor Covering Distributors (NAFCD).
Home Depot Replaces Lowe's As Trading Places S
Atlanta, GA, Aug. 12--The Home Depot announced Monday that it will replace archrival Lowe's as the sponsor of TLC's immensely popular home decorating show, "Trading Spaces."
Armstrong Plans To Create New Stock
Lancaster, PA, Aug. 9--One change in ownership for Armstrong World Industries already is planned. And that may not be the only one, the company's top executive acknowledged, according to a report in the Lancaster New Era.
Martha Stewart Revenue Down
New York, NY, Aug. 11--Martha Stewart Living Omnimedia, the retail and lifestyle empire built around its namesake founder, on Monday reported lower second-quarter profit as revenue fell 16.3 percent.
Tarkett Sommer Announces Extension
Farnham, Quebec, Aug. 11--Tarkett Sommer announced today that 4158148 Canada Inc. (the "Offeror"), an indirect subsidiary of Tarkett Sommer, has extended to 11:59 p.m. (Montreal time) on Thursday, August 21,
Berkshire Hathaway Earnings Double
Omaha, NE, Aug. 11--Berkshire Hathaway Inc.'s earnings before realized investment gains rose 32% to $1.32 billion from $1 billion. The holding company said net income more than doubled, reflecting an increase in investment gains.
Armstrong Reports Operating Loss
Lancaster, PA, Aug. 8--Armstrong Holdings, Inc. today reported second quarter 2003 net sales of $826.9 million that were 0.1% higher than second quarter net sales of $825.7 million in 2002.
Kmart Quarterly Loss Narrows
Troy, MI, Aug. 11--Kmart Holding Corp. on Friday posted audited first-quarter results that reflect the impact of "fresh start" accounting after the retailer emerged from bankruptcy protection.
DuPont To Restructure Canadian Operations
Mississauga, Ontario, Aug. 8--DuPont Canada is restructuring its Canadian operations as part of a wider plan by its U.S. parent to fold the subsidiary's textiles and fibres business into a new and separate global company.