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.
Sao Paulo, Brazil, November 12---The Brazilian ceramic tiles industry will register record exports this year. The sector that had its best performance in 2003 with exports of US$250mil shall close 2004 with US$330mil in external sales.
Manchester, NH November 11--CCA Global Partners has appointed Brian Metcalf as senior vice president of training.
Atlanta, GA, November 10--Lehman Brothers lowered its fiscal 2005 profit estimate for Home Depot, citing exposure to higher interest rates.
Mercerville, NJ, November 9--Congoleum said it has filed a modified plan of reorganization and related documents with the Bankruptcy Court.
New York, November 5--Analysts at Legg Mason initiated coverage of Mohawk Industries with a "buy" rating. The firm set a target price at $100.
Minneapolis, MN, November 4--Target said on Thursday its sales at stores open at least a year rose 6 percent in October from continuing operations, hitting the top of its forecast range.
Washington, DC, November 3--General housing affordability conditions remained favorable during the third quarter, even with a decline that resulted largely from higher home prices, according to the National Association of Realtors.
Dallas, TX, November 2—Hanley-Wood said its all-new Surfaces 2005 Conference Program, sponsored by Mannington Mills, will offer 41 workshops and seminars in six targeted tracks.
Chattanooga, TN, October 28--The Dixie Group Inc. today reported the third quarter income from continuing operations was $3,554,000, or $0.28 per diluted share, compared with a loss for the third quarter of 2003.
Rainham, England, October 26-- Retailer Carpetright today said it continued to grow market share and improve on profits despite seeing sales growth slow in recent weeks, according to the Scotsman.com.