Mohawk Industries Inc (NYSE:MHK), Up By 7.94% ($6.37) From $80.270 After BUYINS.NET Report Predicted Strength After Earnings
November 2, 2012 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, October 31st 2012 stating that Mohawk Industries Inc (NYSE:MHK) was expected to be Up After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=mhk&id=323632
At the time this story was written, Mohawk Industries Inc (NYSE:MHK) is Up By 7.94% ($6.37) From $80.270 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
Mohawk Industries Inc (NYSE:MHK) - Mohawk Industries, Inc., together with its subsidiaries, engages in the production and sale of floor covering products for residential and commercial applications primarily in the United States and Europe. The company operates through three segments: Mohawk, Dal-Tile, and Unilin. The Mohawk segment designs, manufactures, sources, distributes, and markets floor covering product lines, which include carpets, ceramic tiles, laminates, rugs, carpet pads, hardwood, and resilient. It offers its products under the brand names of Mohawk, Aladdin, Mohawk ColorCenters, Mohawk Floorscapes, Portico, Mohawk Home, Bigelow, Durkan, Horizon, Karastan, Lees, Merit, and Lauren Ralph Lauren. In addition, this segment markets and distributes its soft and hard surface products through independent floor covering retailers, home centers, mass merchandisers, department stores, commercial dealers, and commercial end users, as well as through private labeling programs. The Dal-Tile segment designs, manufactures, sources, distributes, and markets a line of ceramic tile, porcelain tile, and natural stone products. This segment offers its products primarily under the Dal-Tile and American Olean brand names through company-owned service centers, independent distributors, home center retailers, tile and flooring retailers, and contractors. The Unilin segment offers laminate and hardwood flooring under the brand names of Quick-Step, Columbia Flooring, Century Flooring, and Universal Flooring through retailers, independent distributors, private label, and home centers. This segment also produces roofing systems, insulation panels, and other wood products. Mohawk Industries, Inc. was founded in 1988 and is headquartered in Calhoun, Georgia..
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