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.
Carthage, MO, July 21, 2006--Leggett & Platt Inc., with a year's worth of steep restructuring costs behind it, said its second-quarter profit rose 6.3% from a year ago and nudged up the lower end of its 2006 earnings forecast.
Washington, DC, July 20, 2006--New claims for jobless benefits fell 30,000 to 304,000 in the week ended July 15, from a an upwardly revised 334,000 new applications in the previous week, the Labor Department said.
Washington, DC, July 20, 2006--Rising oil and other prices remain a concern but Federal Reserve chief Ben Bernanke is counting on moderating economic activity to get inflation under control.
Cleveland, OH, July 20, 2006--Paint maker, retailer Sherwin-Williams in the second quarter reported earnings that were up 20.5%, to $184.6 million.
New York, NY, July 19, 2006--Due to rising gasoline prices, 53 percent of U.S. households now are reducing their discretionary spending.
St. Felicien, Quebec, July 18, 2006--TechCana announced that it has been granted bridge financing for a total amount of $1,000,000 for its working capital needs until the closing of the transaction pertaining to the acquisition of certain assets from Domt
New Port Beach, CA, July 18, 2006--Architectural firm H. Hendy Associates, announced it has secured two of the eight nominations by Shaw Contract Group for its prestigious Shaw Contract Group Design.
Washington, D.C. July 17, 2006--U.S. factory output, along with output in utilities and mines rose 0.8% in June, as capacity use also rose, possibly stirring inflation fears.
Birmingham, England, July 13, 2006--Already hit by a housing downturn, Carpetright is suffering from rivals competing on style and price.
New York, NY, July 11, 2006--Weekly chain store sales posted their first increase in four weeks on a slight uptick of 0.2 percent, an industry group said Tuesday.