Investment Bank Rates Armstrong a 'Buy'

Apr 6, 2011

Investment bank KeyBanc Capital Markets has given shares of Armstrong World Industries (Lancaster, Pa.) a "Buy" rating in a note released to investors today, according to FavStocks.com. As of 10 a.m. (Eastern), the company's stock (ticker symbol "AWI") was trading at $47.62, with a 52-week low of $28.01 and high of $54.58. In March, RBC Capital upgraded Armstrong, too, and the company recently settled a contract dispute with laborers at its wood flooring plant in Beverly, W. Va.

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Seth Gladden Launches the Gladden Group, a Marketing and Consulting Agency

May 17, 2024

Recognizing Retail Excellence: Enter the 2024 WFB Outstanding Retailer Awards

The Deadline is Approaching: Enter the 2024 WFB Outstanding Retailer Awards

Overall Housing Starts Increased 5.7% in April as Single-Family Starts Decreased Slightly

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Seth Gladden Launches the Gladden Group, a Marketing and Consulting Agency

Seth Gladden, most recently the head of marketing for Taylor Adhesives and the Flooring Division of Meridian Adhesives Group, has launched his own agency, the Gladden Group.

Embracing Change in Wood Flooring: Navigating New Frontiers

Horizon Forest Products

As a wood flooring business owner, dealing with these changes isn't just a good idea—it's a must for staying in the game and growing to the next level.

Embracing Change in Wood Flooring: Navigating New Frontiers

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The Deadline is Approaching: Enter the 2024 WFB Outstanding Retailer Awards

Entry forms for the 2024 WFB Outstanding Retailer Awards are open. The deadline to submit is June 1 at 5 p.m. CT.

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Overall Housing Starts Increased 5.7% in April as Single-Family Starts Decreased Slightly

Overall housing starts increased 5.7% in April to a seasonally adjusted annual rate of 1.36 million units, but the annual rate of single-family starts decreased slightly in April.

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WFB Briefs: Mirage Sale; Kährs Asia-Pacific, Middle East Sales Manager; New Cyncly GM

Mirage is offering a rebate starting May 16; Kährs has a new sales manager for the Asia-Pacific, Middle East regions; and Cyncly has a new general manager.

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NAR Chief Economist Prediction: Falling Interest Rates, Rising Existing-Home Sales in 2024

NAR Chief Economist Lawrence Yun forecasted that interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million (up 9% from 4.09 million in 2023) and 2025 existing-home sales will increase.

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Zena Forest Products Launches Edge Grain Flooring

Zena Forest Products, based in Salem, Ore., has introduced a wood flooring line, Edge Grain, that it says is unique and sustainable.

Zena Forest Products' Edge Grain wood flooring consists of 7½-by-15-inch hardwood tiles composed of ¾-inch-wide individual strips and two thin embedded wire backings.

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