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  • *Says sales fell in 9 days after CBS show. March 12- Lumber Liquidators Holdings, facing U.S. government probes over claims of dangerous levels of a cancer-causing substance in its flooring products, defended the safety of its products and gave a blow-by-blow account of its testing process in efforts to assuage investors' concerns. "Lumber Liquidators...

  • March 12- Lumber Liquidators Holdings Inc, facing U.S. government probes over claims of dangerous levels of a cancer-causing substance in its flooring products, stood by the safety of its products and said it would offer free indoor air quality testing for qualifying customers. The stock had halved since Feb. 25 when the company said CBS's "60 Minutes" show would...

  • March 12- Lumber Liquidators Holdings Inc, which is facing U.S. government probes over claims of dangerous levels of a cancer-causing substance in its flooring products, stood by the safety its products and said it would offer free indoor air quality testing for qualifying consumers. The company, however, said it was unable to currently forecast 2015 sales or...

  • NEW YORK, March 5- St. Paul- based 3 M Co, one of the world's largest manufacturers and the maker of Post-it notes, will take new steps to ensure that its suppliers of paper, pulp and packaging provide materials that come from sustainably logged timber. The new paper-sourcing policy, aimed at preventing the destruction of fragile forests, comes after pressure on 3 M...

  • MIAMI, March 5- A $5 million class-action lawsuit filed this week in Florida accuses hardwood and laminate flooring giant Lumber Liquidators, Inc of selling products laden with cancer-causing chemicals. Senator Bill Nelson of Florida, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation, called on federal agencies Wednesday...

  • Senator Bill Nelson asked three federal agencies to investigate hardwood flooring retailer Lumber Liquidators Holdings Inc after a report on "60 Minutes" that some of its wood flooring products had dangerous levels of formaldehyde. Nelson, the ranking Democrat on the Senate Committee on Commerce, Science and Transportation Committee, sent a letter asking...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot-com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy. Real earnings and revenue are driving the...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- The Nasdaq on Monday closed above 5,000 for the first time since the year 2000 dot.com bubble as tech stocks were boosted by deals, while the S&P 500 and Dow indexes hit records after economic data pointed to a slowly accelerating economy. Real earnings and revenue are driving the...

  • NEW YORK, March 2- Shares of Lumber Liquidators Holdings Inc were down more than 20 percent on Monday after the CBS news program "60 Minutes" said its products failed to meet safety standards, allegations the hardwood flooring retailer denied. While Lumber Liquidators has been under pressure since 2013, new concerns about its business emerged after "60 Minutes"...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. It was boosted by chipmakers NXP Semiconductors NV, Intel Corp as well as network equipment maker Cisco Systems Inc after two big deal announcements. Shares of chipmaker NXP rose 17 percent to $99.35 after it agreed to buy smaller peer Freescale Semiconductor Ltd to create a company valued over $40...

  • *Markit manufacturing hits 4- month high. NEW YORK, March 2- U.S. stocks advanced on Monday, with the Nasdaq nudging above the 5,000 mark for the first time in 15 years, as a round of mixed data pointed to a slowly accelerating economy. Fundamentals are good enough at technology companies, the biggest group on Nasdaq, that the index should be able to stay above 5000, said...

  • NEW YORK, March 2- Shares of Lumber Liquidators Holdings Inc dropped more than 20 percent on Monday after a news report said its products failed to meet safety standards, allegations the hardwood flooring retailer denied. While Lumber Liquidators has been under pressure since 2013, new concerns about its business emerged after the CBS news program "60 Minutes"...

  • *Markit manufacturing hits 4- month high, ISM hits 13- month low. NEW YORK, March 2- U.S. stocks advanced on Monday to push the Nasdaq above the 5,000 mark for the first time in fifteen years, as a round of mixed data pointed to a slowly accelerating economy. "Five thousand on the Nasdaq, it's been a long time coming," said Peter Kenny, chief market strategist at Clearpool...

  • *Manufacturing data expected from Markit, ISM. *HP to buy Aruba Networks. At 9:45 a.m., data will be released on the manufacturing sector by financial data firm Markit, following shortly afterwards by the Institute for Supply Management's reading on the manufacturing sector at 10:00 a.m..

  • *Manufacturing data expected from Markit, ISM. *HP to buy Aruba Networks. At 9:45 a.m., data will be released on the manufacturing sector by financial data firm Markit, following shortly afterwards by the Institute for Supply Management's reading on the manufacturing sector at 10:00 a.m..

  • *Manufacturing data expected from Markit, ISM. *Investors will also eye data on the manufacturing sector, with financial data firm Markit final Manufacturing Purchasing Managers Index expected at 9:45 a.m.. The Institute for Supply Management's reading on the manufacturing sector is scheduled for release at 10:00 a.m..

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring with higher levels of formaldehyde than permitted under California's health and safety standards, according to television news program "60 Minutes." CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida, Texas, Illinois and New...

  • March 1- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, sold flooring containing levels of formaldehyde that were higher than those permitted under California's health and safety standards, according to television news program "60 Minutes". CBS's "60 Minutes" said it tested Lumber Liquidators' flooring in Virginia, Florida,...

  • Feb 25- Lumber Liquidators Holdings Inc, a retailer of hardwood flooring in North America, said the U.S. Department of Justice may seek criminal charges against the company under an Act aimed at curbing illegal harvest of tropical hardwoods. Contracts volume in Lumber Liquidators' options were 9 times normal at about 27,000, according to Trade Alert data.

  • Trees may be making California's drought worse Friday, 17 Oct 2014 | 11:10 AM ET
    Sierra Nevada Mountains near Lake Tahoe

    Researchers are trying to find out if denser forests in California are soaking up more water and adding to the state's horrible drought.