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From Home Furnishing Business

XPO Sets Pricing for $665.5 Million Stock Offering

XPO Logistics LogoXPO Logistics (NYSE: XPO), a provider of last-mile delivery, freight forwarding and other logistics services, has priced its recently-announced secondary stock offering at $60.50 per share

Select Comfort Swings to Q2 Loss Following Inventory Hiccup

Select ComfortSelect Comfort (NASDAQ: SCSS), maker of the Sleep Number airbed, swung to a net loss in the second quarter after an inventory shortage forced the company to delay some deliveries until after the quarter ended.

Ethan Allen Projects Lower Sales, Earnings for Fiscal Year

Ethan Allen LogoEthan Allen (NYSE: ETH) said it expects to report lower sales and earnings per share for the fiscal year that ended June 30, as operating costs rose due to heavy advertising spending and other initiatives.

XPO Logistics Sets Secondary Stock Offering

XPO Logistics LogoXPO Logistics (NYSE: XPO), a major provider of freight forwarding, last-mile delivery services, trucking, and related logistics services, said it will issue more than 11 million new shares of common stock in a secondary public offering.

Bassett Directors Approve Dividend Increase

Directors of Bassett Furniture Inds. have approved a 1-cent hike in the company’s quarterly cash dividend to 11 cents per share.

Rent-A-Center Directors Reject Takeover Bid

Rent-A-Center LogoRent-A-Center (NASDAQ: RCII) disclosed Tuesday that its board of directors recently rejected a takeover bid from Vintage Capital, an investment firm that is a major shareholder in rent-to-own player Buddy’s Home Furnishings.

FastFact: Northeast Paces Growth of Existing Home Sales

Fast FactPaced by the Northeast, existing home sales grew consistently throughout the country last year, according to data from the National Association of Realtors.

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