Battle to Decide Sears Canada's Fate Ongoing
Toronto, Ontario, October 25, 2006--The fate of Sears Canada Inc. is set to be decided in a proxy battle between the Canadian retailer's U.S. parent company and a group of New York-based hedge funds.
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.
Laticrete Founder Funds University Scholarships
Bethany CT, October 25, 2006--Laticrete International founder and chairman emeritus, Dr. Henry M. Rothberg, has made a major financial contribution to fund 20 scholarships annually.
Weyerhaeuser 3Q Earnings Off 26%
Federal Way, WA, October 25, 2006--Weyerhaeuser said its third-quarter profit fell 26 percent as the downturn in the housing market drove wood product prices and demand down sharply.
Interface and Subaru Partner
Atlanta, GA, October 25, 2006--Interface, Inc and Subaru announced that they have joined forces to create "climate neutral" incentives for Interface associates in the U.S. who choose to drive Subaru vehicles in keeping with Interface’s Mission Zero promis
Fed Leaves Rates Untouched
Washington, DC, October 25, 2006--The Federal Reserve kept its benchmark interest rate steady for a third meeting in a row, predicting moderate economic growth ahead with some reason to expect easing price pressures.
Reed Investing in Carpet Recycling Plant
Coventry, England, October 24, 2006--Britain’s leading events carpeting contractor, Reeds Carpeting, has made several dramatic new breakthroughs in its drive to eliminate post-show landfill wastage.
Azrock by Tarkett Recognizes Distributors
Houston, TX, October 24, 2006--Azrock by Tarkett recently recognized its distributors nationwide for their years of service.
BonaKemi USA Intros Hard Surface Cleaner
Aurora, CO, October 23, 2006--BonaKemi USA has added the new Bona Swedish Formula Hard Surface Floor Refresher to its Environmental Choice System for hard surface floor care.
Report: CEO and Directors' Pay Both Up Again
New York, NY, October 20, 2006--Median total compensation for outside (non-employee) directors of U.S. boards is higher than last year's median in all three major industry sectors covered in The Conference Board's annual study.
Flooring America Retailer Weathers Storms, Floors
Manchester, NH, October 20, 2006--Through fires, floods, and down years in-between, Flooring America of Houston has endured with extraordinary grace and a special generosity of spirit.