U.S. Natural Gas Price Tumbles
New York, NY, September 114, 2006--Natural gas prices fell to a two-year low in New York Thursday because U.S. inventories rose more was expected. Natural gas is the fuel of choice for makers of ceramic tiles.
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.
Home Depot Offers Small Business Services
Atlanta, GA, September 12, 2006--Small business owner Henry Perry used to spend 10 hours per week handling payroll for Cal Oak Flooring in Livermore, Calif. Now he spends just one hour thanks to Home Depot's new program.
Bank Decision on Feltex Expected Tuesday
Wellington, New Zealand, September 11, 2006--The ANZ Bank is now expected to make a decision on Sleepyhead's rescue plan for carpet manufacturer Feltex on Tuesday.
MasterCard, Home Depot Start $100K Kitchen Promoti
Purchase, NY, September 8, 2006--MasterCard Worldwide, in conjunction with Home Depot have launched a "$100,000 Dream Kitchen Makeover" promotion.
Turners Want Refinance of Feltex
Wellington, New Zealand, September 8, 2006--Feltex Carpets whose bank loans amount to 10 times its market value, would raise NZ$51 million ($33 million) selling new securities as part of a refinancing plan from an investment group.
KB Home Lowers Earnings Forecast
Los Angeles, CA, September 7, 2006--KB Home cut its 2006 profit forecast citing weaker than expected demand for new homes amid a slowing housing market.
Beazer Cuts 2006 Forecast
Atlanta, GA, September 7, 2006--Beazer Homes USA Inc., cut its full-year earnings outlook Thursday, citing slumping sales and contract cancellations in the latest sign of worsening conditions in the housing market.
CMAI Issues New Nylon Fibers & Feedstocks Study
Houston, TX, September 6, 2006--Chemical Market Associates, Inc., (CMAI) recently completed the 2007 World Nylon Fibers and Feedstocks Analysis, an annual global study.
Bernanke:Productivity to Continue
Washington, DC, September 1, 2006--The strong increase in productivity, or output per hour of work, seen over the past decade is likely to continue for some time, Fed chief Ben Bernanke said Thursday.
Help-Wanted Ad Index Dips 2 Pts
New York, NY, August 30, 2006--The Conference Board Help-Wanted Advertising Index--a key measure of job offerings in major newspapers across America-- declined two points in July.