Dixie Group Inc
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Consumer Discretionary : Household Durables | Small Cap Value
Company profile

The Dixie Group, Inc. is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers. The Company's brands include Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract and Masland Hospitality. Dixie International sells its brands outside of the North American market. Fabrica markets and manufactures various residential carpet and custom rugs. Masland Contract markets and manufactures broadloom and modular carpet tile for the specified commercial marketplace. Masland Residential markets and manufactures design-driven specialty carpets and rugs for the residential marketplace. Dixie Home markets a range of tufted broadloom residential and commercial carpets.

Closing Price
$0.67
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
63,217
0

United Technologies' stock tumbles toward 8-year low to lead the Dow's losers

12:33 pm ET March 23, 2020 (MarketWatch)
Print

Shares of United Technologies Corp. (UTX) tumbled 10.2% toward an 8-year in midday trading Monday, enough to pace all the Dow Jones Industrial Average's losers, as the Connecticut-based aerospace and building systems company continued to suffer from concerns over the impact of the coronavirus pandemic. Over the weekend, Connecticut Governor Net Lamont issued a "stay safe, stay home (https://portal.ct.gov/Office-of-the-Governor/News/Press-Releases/2020/03-2020/Governor-Lamont-Releases-Guidance-to-Businesses-on-Order-Asking-Connecticut-to-Stay-Safe-Stay-Home)" order for all non-essential businesses. Late Friday, fellow aerospace company Boeing Co. (BA) said it was suspending its dividend (http://www.marketwatch.com/story/boeing-halts-dividend-share-buyback-program-amid-coronavirus-pandemic-2020-03-20), while General Electric Co.'s (GE) GE Aviation unit said Monday that it would lay off 10% of its U.S. workforce (http://www.marketwatch.com/story/boeing-halts-dividend-share-buyback-program-amid-coronavirus-pandemic-2020-03-20), citing "rapid contraction" in air travel as a result of the COVID-19 outbreak. Among shares of companies in the aerospace business, Lockheed Martin Corp. (LMT) shed 6.4%, Honeywell International Inc. (HON) lost 5.9% and GE slid 5.5%, while Boeing gained 3.2%. Meanwhile, United's price decline shaved about 57 points off the Dow's price, which was down 577 points, or 3.1%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 23, 2020 12:33 ET (16:33 GMT)

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