Consumer Durables and Apparel Household Durables

  • MONROE, Mich. _ La-Z-Boy Inc. on Tuesday reported fiscal first-quarter earnings of $13.8 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. La-Z-Boy shares have risen 28 percent since the beginning of the year.

  • BERLIN— The German government is making clear that it won't obstruct the planned takeover of industrial robot maker Kuka by Chinese appliance maker Midea. The German government can open a formal examination of whether a proposed deal poses security or other risks if an investor from outside the European Union acquires 25 percent or more of a German company.

  • Lumber Liquidators

    Lumber Liquidators said a court ruled in its favor on claims that it did not warn consumers about cancer-causing formaldehyde in some flooring products.

  • LANCASTER, Pa. _ Armstrong Flooring Inc. on Friday reported profit of $5.7 million in its second quarter. The Lancaster, Pennsylvania- based company said it had profit of 20 cents per share. Keywords: Armstrong Flooring, Earnings Report.

  • SEOUL, Aug 11- CJ Corp, the holding company of food-to-logistics CJ Group, and retailer SK Networks said on Thursday they submitted separate non-binding bids to acquire South Korean home appliance rental company Tongyang Magic Inc.. A South Korea- based private equity consortium called NH- Glenwood owns 100 percent of the company. More than 10 parties have...

  • Mattress on wood floor

    South African retailer Steinhoff International will buy Mattress Firm for $3.8 billion which includes debt, both companies said on Sunday.

  • HONG KONG, July 31- China's GOME Electrical Appliances Holding issued a profit warning on Sunday, saying first-half profit was likely to plunge year-on-year due to a strategic shake-up which has seen some of its main outlets undergo renovation. In a statement to the Hong Kong stock exchange on Sunday, GOME said it had started to implement a transformation...

  • A man walks past a Lumber Liquidators store in Philadelphia.

    Lumber Liquidators' quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe.

  • July 27- Lumber Liquidators Holdings Inc's quarterly sales fell for the fifth straight quarter as the company struggles to convince customers its hardwood flooring is safe amid fears that some of its products could cause cancer. The company's net loss narrowed to $12.2 million, or 45 cents per share, in the second quarter ended June 30 from $20.3 million, or 75...

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. Investment demand for British commercial property dropped by the largest amount on record after the vote, the Royal Institution of Chartered Surveyors says. IMPORTANT DATES AHEAD:-...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large home washing machines from China had been dumped in the United States. U.S. appliance maker Whirlpool Corp had urged the government in December to impose duties on washing machines manufactured in China by Samsung Electronics Co Ltd and LG...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday it had determined that large residential washers from China had been dumped in the United States. In 2014, imports of large residential washers from China were valued at an estimated $899.4 million, according to the Commerce Department. The United States slapped duties in 2012 on...

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • WASHINGTON, July 20- The U.S. Commerce Department said in a statement on Wednesday that it had determined imports of large residential washers from China have been sold in the United States at dumping margins of 49.88 percent to 111.09 percent.

  • LONDON, July 20- Britain's June 23 referendum decision to leave the European Union has had far-reaching consequences for the world's economy, businesses, investors and politics. July 20 Moody's says Brexit won't hurt EU finances but there is now a risk of political fragmentation. From the it-all-depends-on-who-you-are department: Appliance-maker...

  • SHANGHAI, July 12- Swedish furniture company IKEA Group said it would recall 1.66 million chests and dressers in China over concerns the drawers could pose a danger to children if not properly fixed to walls, China's safety regulator said on Tuesday. The recall covers MALM chests or dressers manufactured from 1999 to 2016, China's General Administration of...

  • SHANGHAI, June 22- China's main stock indexes closed up on Wednesday as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothed market sentiment. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent to 3,133.96...

  • SHANGHAI, June 22- China and Hong Kong shares rose on Wednesday morning, as more investors bet Britain will vote to stay in the European Union this week, while Federal Reserve Chair Janet Yellen's cautious tone on future rate hikes also soothe market sentiment. In Hong Kong, both the Hang Seng index and the Hong Kong China Enterprises Index added 0.4 percent.

  • BERLIN, June 20- German billionaire businessman Friedhelm Loh does not plan to launch a counter offer for German industrial robot maker Kuka, the target of a 4.5 billion euro bid by China's Midea, he told a German newspaper. Kuka is the biggest German industrial technology company to be targeted by a Chinese buyer in a wave of deals over recent months and the bid...

  • June 16- Lumber Liquidators Holdings Inc has agreed not to sell its existing inventory of laminate flooring previously sourced from China, the U.S. consumer safety regulator said, as the flooring retailer looks to move beyond allegations the products contained excessive levels of cancer-causing formaldehyde. The U.S. Consumer Products Safety Commission...