Wal-Mart’s 3Q Earnings Up 12.7%
Bentonville, AR, November 16--Wal-Mart reported a 12.7 percent rise in its third-quarter earnings, meeting Wall Street expectations.
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.
Bankruptcy Court Rules on Solutia Retiree Benefits
New York, NY, November 15--The U.S. Bankruptcy Court for the Southern District of New York granted a motion by the retirees committee of Solutia Inc., to stop the company from reducing the benefits of almost 6,000 retirees, according to the Pensacola News
Tricycle Adds Executive, Development and Research
Chattanooga, TN, November--Tricycle Inc. added Benjamin Pitts, Andrew Montgomery and Caleb Ludwick to the company’s North America office.
Federated’s 3Q Earnings Up
Cincinnati, OH, November 10--Federated Department reported third quarter net income that rose to $74 million, or 42 cents per share, from $67 million, or 36 cents per share, a year earlier.
CCA Announces Executive Changes, Creates New Servi
Manchester, NH, November 10 – CCA Global Partners has created a new position of president at Carpet One. Evan Hackel, formerly president of Flooring America, was appointed Carpet One President.
Tarkett Commercial Donates Flooring for New 'H
Houston, TX, November 9--In 1988, Paul Newman set out to create his Hole in the Wall Gang Camps which allow children with serious illnesses to “just be kids.”
Hanley Wood Buys StonExpo
Los Angeles, CA, November 8-- StonExpo Federation's board of directors approved the sale Wednesday, October 27 of StonExpo exhibition and conference to Hanley Wood, LLC.
New Zealand’s Cavalier Says 4 Month Profit Up 4%
Wellington, New Zealand, November 4--Carpet maker Cavalier Corp. Ltd. said Thursday that its tax paid earnings for the four months to October are up 4% on the same period a year ago.
British Carpet Maker Secures New Investor
Durham City, England, November 3—A Troubled carpet company that counts the Queen as a customer has announced plans to expand after a second management buy-out.
Liveris Assumes CEO Role at Dow
Midland, MI, November 1--Andrew N. Liveris, president and chief operating officer of The Dow Chemical Co.begins serving his tenure today as president and chief executive officer, taking over from William S. Stavropoulos, who continues as chairman.