Iranian Official says Iran Owns 41% of World Carpe
Tehran, Iran, October 2, 2006--Head of East Azarbaijan province Commerce Department, Sadeq Najafi, said on Sunday that 41% of the world's $2.2 billion carpet trade is controlled by Iran.
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Report: Antique Carpets Missing from Turkish Museu
Ankara, Turkey, October 2, 2006--More than 70 antique carpets and rugs have gone missing from the same museum in western Turkey where a 6th century B.C. treasure of King Croesus was stolen and replaced with a fake.
Manufacuring Growth Slows in September
Washington, DC, October 2, 2006--Factory activity in the United States decelerated in September, the Institute for Supply Management reported Friday.
TechCana 1Q Financial Results
St. Felician, Quebec, October 2, 2006--TechCana Inc. a Canadian manufacturer of pre-finished engineered wood flooring, announced its financial statements for the first quarter of 2006-2007 ended on July 31, 2006.
Chicago Business Activity Up
Chicago, IL, September 29, 2006-- Business activity expanded at a rapid rate in the Chicago region in September, the NAPM-Chicago reported Friday.
30-Year Fixed Rate Declines in Latest Survey
Washington, DC, September 28, 2006--The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 22.
Bassett Furniture 3Q Profit Slides
Bassett, VA, September 28, 2006--Bassett Furniture said its third-quarter profit fell 77 percent, as a softer retail market weighed on its sales.
Sears Seeks To Appeal to Ontario Court Dismissal
Toronto, Ontario, September 27, 2006--Sears Holdings hopes to appeal a Canadian court's dismissal of its effort to overturn the Ontario Securities Commission's cease-trade ruling on its bid to buy the 46% of Sears Canada Inc. it doesn't alread
H.B. Fuller 3Q Earnings Up 56%
St. Paul, MN, September 26, 2006--H.B. Fuller reported fiscal third-quarter profit grew 56 percent, aided by productivity gains and a more profitable business mix, and forecast that fourth-quarter profit will also beat Wall Street's expectations.
Chemical Plant Security Advances in Congress
Washington, DC, September 26, 2006--Chemical plants, long considered vulnerable to terrorist attacks, could be shut by the government if they failed to adopt stricter security measures under legislation rapidly moving through Congress.