| Masco cuts 50 workers in Southeast Michigan Taylor-based Masco Corp . cut about 50 employees Wednesday from its headquarters and at two other locations in Southeast Michigan, the company confirmed. topix.com |
Flexsteel Reports 25% Sales Decline, Loss in 3Q Flexsteel Industries Inc. reported A Tuesday net sales for the quarter ended March 31 of $73.6 million compared to the prior year quarter of $98.1 million, a decrease of 25.0%. The Dubuque, Iowa-based RV furniture manufacturer also reported a net loss for the A quarter of $1.9 million compared to net income of $800,000 in the prior year quarter. topix.com |
Loss widens at Stanley Furniture Quarterly losses rose at furniture maker Stanley Furniture Co. as weak demand hurt sales, the company said Wednesday. topix.com |
Furniture Brands International Reports 2010 First Quarter Earnings of $3.5 Million or $0.07 Per Share Net sales of $322.4 million, up 12.9% from fourth quarter of 2009 and down 9.7% from first quarter of 2009 Net income of $3.5 million compared to a loss of $4.2 million in first quarter of 2009 Gross margin of 26.2% compared to 22.5% in 2009 first quarter Net cash* position of $37 million at April 12, 2010 with receipt of tax refund ST. topix.com |
Tuesday`s Top Percentage Losers (Select Comfort Corp., Cemex,... New York, NY -Select Comfort Corp. plunged 13.19% to $5.20 on over 2.29 million shares. topix.com |