Home Furnishings

In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they thought the first-time...

  La-Z-Boy Incorporated (NYSE: LZB) today reported its operating results for the fiscal second quarter ended October 23, 2010. Fiscal 2011 second-quarter highlights: Sales for the second quarter declined 2.6%, reflecting weakness in the housing market and low levels of consumer confidence...

Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Financial Crisis Inquiry Commission (FCIC) Chairman Phil Angelides has delayed the report “due out in December until the next year” so that the bipartisan commission can take a closer look “at this new issue of mortgage...

Michigan Governor Jennifer Granholm (D) spoke to FOX Business Network's (FBN) Liz Claman about the General Motors (GM) IPO, saying the IPO is an indication “that the taxpayers are going to be paid back, and manufacturing in America will survive.” Granholm said that while GM “can't claim victory yet...

Fox Business Network (FBN) Senior Correspondent Charlie Gasparino reports that Goldman Sachs is anxious to unwind Warren Buffett's stake in the company and the “dividend rule was the one thing holding it up.” Excerpts from the report can be found below courtesy of Fox Business Network. On what...

Tempur-Pedic International Inc.'s (TPX) share price has entered into oversold territory with a stochastic value of 12.21. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 11 cents over the past month to $2.08 per share. Tempur-Pedic International Inc. is a Zacks #2 Rank...

Tempur-Pedic International Inc.'s (TPX) share price has entered into oversold territory with a stochastic value of 12.21. The Zacks Consensus Estimate on the company's earnings for 2010 increased by 11 cents over the past month to $2.08 per share. Tempur-Pedic International Inc. is a Zacks #2 Rank...

Ethan Allen Interiors Inc. (NYSE: ETH) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per share which will be payable to shareholders of record as of January 10, 2011 and will be paid on January 25, 2011.

At 10:30 am, the Dow gained 0.43% to 11,241.13, the broader Standard & Poor's 500 index moved up 0.31% to 1,202.90 and the NASDAQ composite index rose 0.14% to 2,521.77. The industries that are driving the market today are: Home Furnishings & Fixtures: This industry jumped 2.36% by 10:30 am...

La-Z-Boy Incorporated (NYSE: LZB) today announced net sales for the fiscal 2011 second quarter of $293 million, down 2.6% from the prior year's second quarter, reflecting weakness in the housing market and low levels of consumer confidence. The company also announced that it is delaying the release...

Gushan Environmental Energy Limited (NYSE: GU) jumped 344.76% to $4.67 at 10:06 am. GU had $74.38 million in total cash and no debt for the latest quarter. American Biltrite Inc (AMEX: ABL) climbed 65.24% to $5.80. ABL reported strong year-over-year rise in its Q3 results. China Shen Zhou Mining...

Leggett & Platt's (NYSE: LEG) Board of Directors announced a dividend of $.27 per share for the fourth quarter, a 3.8% increase versus the dividend declared in the fourth quarter 2009. The dividend will be paid on January 14, 2011 to shareholders of record on December 15, 2010.