Interest Hikes Halted on Economy Worries
Washington, DC, August 29, 2006--Worries about short-term damage to the economy led Federal Reserve policymakers at their August meeting to halt a more than two-year-old interest rate-raising campaign.
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.
BonaKemi USA Offers Spanish Tech Support
Aurora, CO, August 28, 2006--BonaKemi USA, a leader in hardwood floor finishing and floor care, announced the addition of Spanish/English services to its technical support line.
Pergo Nets Laminate Orders in India
Mumbai, India, August 27, 2006--Pergo, a Swedish brand of floor laminates, has bagged orders from DLF-West end Heights, Gurgaon, and NIHO Construction-Scottish Gardens, New Delhi.
Home Depot OKs Additional $3.5B for Share Buyback
Atlanta, GA, August 24, 2006--Home Depot Inc., late Thursday said it has approved an additional $3.5 billion to repurchase shares, bringing the total authorized under the program to $17.5 billion
Carpet One Floor & Home Renovates Online Universit
Manchester, NH, August 23, 2006--Carpet One Floor & Home recently re-launched their OnLine University (OLU) with a new design and innovative learning strategy.
Canada Leading Indicator Up
Ottawa, Ontario, August 23, 2006--Canada's composite leading indicator rose 0.2 percent in July as expected, the lowest monthly increase so far this year.
Architecture Billings Index Rebounds
Washington, DC, August 23, 2006--A modest increase in the July Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, counters the previous two months that showed slightly negative scores.
International Design Guild Recognizes Key Members
Manchester, NH, August 23, 2006--Members of International Design Guild, an alliance of luxury floor covering showrooms, met for a 3-day Global Summit and Convention at The Adam’s Mark hotel in Denver.
Godfrey Hirst Gets Due Diligence Extension on Felt
Wellington, New Zealand, August 21, 2006--Feltex Carpets has given Australian suitor Godfrey Hirst a week's extension to its due diligence exercise.
Congoleum Enhances Higher-End Plank Resilient
Mercerville, NJ August 21, 2006--In keeping with emerging consumer tastes, Congoleum has enhanced the entire line of its popular Forum Plank luxury tile wood series and simultaneously broadened the collection.