WASHINGTON -- The market for existing single-family home sales rose in July while mortgage interest rates continued to decline, the National Association of Realtors reported today.
WASHINGTON -- Sales of new single-family houses surged 6.7 percent to an annual rate of 1.017 million last month, surpassing the 976,000
rate projected by private economists.
BETHESDA, Md. -- American Capital Strategies Ltd. announced that it has invested $32.8 million to recapitalize Halex Corporation, the leading manufacturer and distributor of carpet tackstrips, plywood underlayment and other flooring installation supplies.
LAKELAND, Fla. -- Florida Tile Industries today announced LDBrinkman, a floor covering distributor based in Lewisville, Texas, as a new distributor for Florida Tile ceramic products.
The New York-based Conference Board reported its Index of Leading Economic Indicators fell 0.4 percent to 111.7, after falling a revised 0.2 percent in June. Analysts had expected a July decline of 0.5 percent.
FloorsNOW Technology Corp., an e-commerce firm serving the North American floor covering industry, closed its acquisition of certain Commerx Inc. assets on July 5.
Armstrong Holdings Inc. reported 2002 second quarter net sales of $825.2 million, an increase over the $814.2 million the company reported in the second quarter of 2001.