Berkshire’s Earnings Up
Omaha, NE, Nov. 7--Berkshire Hathaway's third-quarter earnings rose 58% including investment gains, and climbed 38% without the gains.
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.
Retailers Report Modest Sales Gains
New York, NY, Nov. 6--Consumers took a break from spending in October, giving retailers only modest sales gains after three months of robust increases.
Hope For Job Market
Washington, DC, Nov. 6--The number of U.S. workers filing first-time applications for unemployment benefits plummeted to a 34-month low last week.
Icoworks Buys Janus Flooring Assets For Auction
Toronto, Canada, Nov. 5--Icoworks Inc., a wholly owned subsidiary of Icoworks Eastern Limited, is pleased to announce that it has acquired the hardwood flooring inventories of Janus Flooring Corporation.
Wanke Cascade Announces Promotions
Portland, OR, Nov. 5--North West Regional Distributor Wanke Cascade has made job responsibility changes with the following promotions.
Illinois Retailer Still Growing after 44 Years
Pekin, IL, Nov. 4--Maybe it's the friendly smiles that greet customers as they walk through the door, according to the Peoria Journal Star.
Manufacturing Picks Up
Washington, DC, Nov. 3--Manufacturing activity picked up in October, expanding for the fourth consecutive month and adding steam to a recent run of encouraging readings on the health of the U.S. economy.
Unilin Acquires Mt. Gilead Plant
Thomasville, NC, Oct. 31--Unilin Flooring N.V., has signed an agreement with Homanit Inc. to acquire Homanit's MDF (Medium Density Fiberboard) plant in Mount Gilead, NC.
Armstrong's Income Down
Lancaster, PA, Oct. 31--Armstrong Holdings, Inc. today reported third quarter net sales of $851.4 million that were 0.6% higher than net sales of $846.5 million in the same period last year.
GDP Soars at a 7.2% Rate
Washington, Oct. 30-- The economy roared ahead in the third quarter, growing at its fastest pace in nearly 20 years, fueled by greater consumer and business spending.