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Moody's Investors Service has changed the outlook on the debt ratings of Solutia Inc. from stable to negative.

The market for existing single-family home sales eased in July while remaining near historic highs, according to the National Association of Realtors.

The Conference Board's Consumer Confidence Index, which declined last month, dipped again in August. The index now stands at 114.3, down from 116.3 in July.

Foamex International Inc. recently announced financial results for its second quarter, which ended June 30, 2001.

BASF Corp. recently redesigned and launched its corporate website (www.basf.com/usa). The web site provides information about the company’s activities for consumers, business partners, investors, job seekers, and the media.

Floor Decor Inc. recently reported a 22.6 percent increase in second quarter sales to $744,360 for the period that ended June 30 from $607,141 for the prior three months.

Formica Corporation recently announced its results for the quarter that ended June 30.

Mike P. Bilek, chairman of the board of Custom Building Products, recently died at home of cancer. He was 71.

Foamex International Inc., a manufacturer of flexible polyurethane and advanced polymer foam products, recently named John V. Tunney vice chairman of the company's board of directors.

Honeywell Specialty Materials recently announced that Anso Caress nylon, a carpet fiber currently offered exclusively by Mohawk Industries’ Karastan line of carpet, will be available through additional carpet mills beginning in September.