• Market

    Steinhoff’s Jooste Plans 1.5 Billion-Euro Furniture-Unit IPO 

    Published on 02-23-2012 10:36 AM
    1. Categories:
    2. Market

    Steinhoff International Holdings Ltd. plans an initial public offering of its European unit that could raise 1.5 billion euros ($1.98 billion) to repay debt as it considers expanding in Latin America and eastern Europe.

    The ...
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    Fantastic Furniture posts record H1 profit 

    Published on 02-22-2012 10:43 AM
    1. Categories:
    2. USA,
    3. Market

    Fantastic Furniture has overcome depressed trading conditions to post a record $13.2 million first half profit as customers snap up low cost furnishings.

    Fantastic Holdings Ltd on Tuesday said it would open another four or five ...
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    La-Z-Boy 3Q net income rises with sales 

    Published on 02-22-2012 10:32 AM
    1. Categories:
    2. USA,
    3. Market

    Furniture maker La-Z-Boy Inc., said Tuesday net income rose 49 percent in the fiscal third quarter as more shoppers bought more of its reclining easy chairs and other furniture.

    Results surpassed expectations, and shares of the ...
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