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.
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.
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.
China Imposes Anti-Dumping Duties on Wear Resistan
Beijing, China, December 12, 2006--Chinese importers of wear resistant overlay will have to pay anti-dumping duties as of Wednesday to offset damages caused by overlay producers in the United States and the European Union.
Report: Search Marketing Transforming Business
San Francisco, CA, December 12, 2006--Search marketing has evolved from a tactical exercise focused on finding search engine keywords to the center of the marketing universe, according a newly released white paper by Fathom Online.
Payroll Growth Up 132,000, Unemployment Up to 4.5%
Washington, DC, December 8, 2006--Hiring continued at a steady, strong pace in November, easing worries that the economy is weakening.
Laticrete Launches Expansion
Bethany CT, December 1, 2006--Laticrete International held a ground-breaking ceremony on November 2, celebrating the completion of a new $20 million plant expansion at its world headquarters in Bethany, Connecticut.