Coverage of Interface Initiated with Buy Rating
Vancouver, British Columbia, December 21, 2006--Canaccord Adams has initiated coverage on Interface Inc. with a buy rating and $22 price target.
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.
Tile Manufacturers Address Need for Trained Instal
Anderson, SC, December 20, 2006--The Association of Ceramic Tile Manufacturers of Spain, The Association of Italian Ceramic Tile & Refractory Manufacturers, the National Tile Contractors Association, and the Tile Council of N.A. are addressing the need fo
NAR: Commercial Real Estate Continues to Grow
Washington, DC, December 20, 2006--The commercial real estate markets are continuing to grow with record investment, and individual sectors in many areas seeing tighter vacancy rates and higher rents.
National Trade Productions Names Christian CEO
Alexandria, VA, December 19, 2006--Trade show management company National Trade Productions (NTP), the firm that manages ceramic and stone show Coverings, has made several management changes.
Lanxess Sells Textile Processing Chemical Unit
Leverkusen, Germany, December 15, 2006--Lanxess said it has sold its Textile Processing Chemicals business unit in North America to Star Chem, a specialist in textile and speciality chemicals.
Lowe's Upgraded by Bear Stearns
New York, December 15, 2006--Lowe's was upgraded to outperform from peer perform at Bear Stearns, which cited the belief that stable long-term interest rates will drive housing turnover, which should boost the home improvement retailer's sales.
M-Line To Transport World Market Attendees
Las Vegas, NV, December 14, 2006--Las Vegas Market attendees will see a number of exciting changes slated for January’s Market including nearly 1,500 exhibiting companies with 300 new permanent showrooms in Building B and the Market-Line or M-Line, a new
Costco's 1Q Earnings Up 10%
Issaquah, WA, December 14, 2006--Costco Wholesale Corp., the nation's largest wholesale club operator, reported Thursday that its fiscal first-quarter profit rose 10 percent and said it would take a second-quarter charge related to stock option grants
Chandra Rugs Expands at AmericasMart
Atlanta, GA, December 14, 2006--Chandra Rugs has expanded its AmericasMart showroom, more than doubling the space to 2,500 square feet.
FOMC Holds Rates Steady
Washington, DC, December 12, 2006--The Federal Reserve held overnight interest rates steady at 5.25% on Tuesday and held open the door to further rate increases if inflation doesn't come down.