Mortgage Application Volume Up
Washington, DC, August 9, 2006--The Mortgage Bankers Association today released its Weekly Mortgage Applications Survey for the week ending August 4.
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.
UK’s Victoria Battling a Tough Market
Kidderminster, England, August 8, 2006--Victoria Carpet is battling the tough retail market as consumer demand sags in Ireland and the UK.
Feltex Allows Second Company to Peruse Books
Wellington, New Zealand, August 8, 2006--Graeme and Craig Turner, the principals of bedding company Sleepyhead, got the go-ahead today to check Feltex's books.
Hirst Might Walk from Feltex Bid
Wellington, DC, August 8, 2006--With Feltex's books open to a rival suitor, Godfrey Hirst says it will not raise its bid for the struggling carpet-maker and could yet walk away, according to Stuff.co.nz.
ServiceMaster Unit Gets Subpoena in EPA Probe
Downers Grove, IL, August 7, 2006--ServiceMaster Co., disclosed Friday that its InStar Services Group subsidiary received a federal grand jury subpoena tied to a probe by the U.S. Environmental Protection Agency.
Louisiana-Pacific Promotes Executives
Nashville, TN, August 7, 2006--Louisiana-Pacific Corp., said Monday it promoted three executives.
Couristan Moves Production to China
Fort Lee, NJ, August 4, 2006--Seventy years ago, Couristan, the rug and carpet manufacturer, turned to China for handmade rugs to import into the U.S. Now the company is about to move carpet production to China.
Jobless Claims Up Last Week
Washington, DC, August 3, 2006--The Labor Department said claims for unemployment benefits rose by 14,000 to 315,000 in the week ending July 29.
ServiceMaster Q2 Earnings Off
Downers Grove, IL, August 01, 2006--ServiceMaster Co., reported second quarter net income of $77.14 million or $0.26 per share, compared to $79.8 million or $0.27 per share in the same quarter last year.
Online to Take Nearly 9% of Total Ad Market by 201
New York, NY, July 28, 2006—JupiterResearch said it found that advertisers will continue to increase the share of total budget spent online between 2006 and 2011.