Pending Home Sales Index Holds at High Level
Washington, DC, May 4--The Pending Home Sales Index, a leading indicator for the housing market, is essentially flat after a healthy rise during the previous month.
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Pergo: Our Strategy Remains the Same
Trelleborg, Sweden, May 3--In response to recent information in the media, Pergo's Board of Directors came out with a statement to clarify its course of action and correct factual errors regarding its activities and ownership issues.
Manufacturing Grows, But at Slower Rate
Tempe, AZ, May 3--Economic activity in the manufacturing sector grew in April for the 23rd consecutive month, while the overall economy grew for the 42nd consecutive month.
March Construction Spending Rises
Washington, D.C., May 2 -- U.S. construction spending grew faster than antcipated in March, reaching a record level as nonresidential construction spending showed a particularly sharp increase.
Tandus Reports 4Q & Year-End 2004 Results
Dalton, GA, May 2--Tandus Group, Inc. reported its financial results for the fourth quarter and 2004 fiscal year.
Armstrong Reports Lower Operating Income in 1Q
Lancaster, PA, April 29--Armstrong Holdings reported first quarter 2005 net sales of $840.7 million that were 0.5% lower than first quarter net sales of $845.0 million in 2004.
Asbestos Bill Delayed in Senate
Washington, DC, April 29--A parliamentary maneuver by a Democratic senator forced a U.S. Senate committee to postpone action on a $140 billion asbestors trust fund.
Dixie Reports 1Q Sales Rise of 12%
Chattanooga, TN, April 28, 2005--The Dixie Group reported income from continuing operations of $1,872,000, or $0.15 per diluted share, for the first quarter.
Housing Market Surprising Experts
Washington, DC, April 27--Despite rising oil prices, weak stock markets, tepid jobs data and widespread agreement that interest rates are headed higher, U.S. consumers are buying homes at near-record pace.
Interface Narrows Losses in 1Q
Atlanta, GA, April 27--Interface, Inc. in the first quarter of 2005 reported a net loss of $2.2 million, or $0.04 per share, compared with a net loss in the first quarter of 2004 of $3.0 million, or $0.06 per share.