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.
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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.
Oregon Mulling Branding State Lumber
Portland, OR, April 26--If Oregon is so well-known for its forests, could it offer its own brand of lumber?
Shaw Extends 'Spring Savings Month'
Dalton, GA, April 26--Retailers carrying Shaw’s new "Couture - Elegant Floors by Shaw" collection will have an extra month to enjoy special discount rates to offer their customers.
Existing Home Sales Up in March
Washington, DC, April 25--Existing-home sales rose to near-record levels in March with a continuation of strong home price gains.