Lumber Liquidators is the country's biggest player in the hardwood flooring industry, controlling roughly 12% of the market. As East Coast residents start to rebuild their battered communities, Lumber Liquidators should see a spike in sales.
Investors have anticipated as much. On Wednesday, Wall Street bid up Lumber's stock by 5% and Goldman Sachs recommended the company as a Sandy recovery play.
With mass transit snarls and power outages in lower Manhattan, some finance workers went to great lengths to get the trades flowing again on Wednesday.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.01%||4.04%|
|15 yr fixed||3.11%||3.18%|
|30 yr refi||4.00%||4.03%|
|15 yr refi||3.11%||3.16%|
Today's featured rates:
|Google files First Amendment court case against NSA surveillance secrecy|
|Chrysler relents, agrees to recall 2.7 million Jeeps|
|Perils of moving to a no-tax state|
|Why Apple's new MacBook Air is the ultimate road warrior's notebook|
|Stocks rally as Fed looms large|