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From Home Furnishing Business

Red Ink a Constant for Furniture Brands

The furniture industry rises and falls with the housing market, and lately most sofa and dresser makers have been buoyed by the uptick in home sales.

Furniture Brands International is the notable exception. The Clayton-based company has lost money every year since 2007, and analysts don't see it turning around before 2015.

Its prospects are so bleak that the company recently got a second delisting notices from the New York Stock Exchange in less than a year.

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Source: STLtoday.com



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