Content about Louisiana-Pacific

August 8, 2014

The majority of HCN stocks took a dip on Thursday, led by Louisiana-Pacific (LPX), which was down 3.34%.

August 4, 2014

Houston, Texas-based David Weekley Homes has named its annual list of "Partners of Choice" Award winners, which recognizes the suppliers who ranked the highest on its now decade-old ranking system.

About 800 David Weekley employees contribute to the evaluation process, assessing supplier performance according to accessibility, communication, timeliness, reliability, follow-through and more.

June 23, 2014

Louisiana Pacific (LPX) was ahead of the pack on Friday, jumping ahead 2.09% to a share price of $14.65. The outlook, for the most part, was positive.

May 9, 2014

After months of regulatory delays, Ainsworth has announced that the planned acquisition of the company by Louisiana-Pacific (LP) has been blocked over antitrust concerns by U.S. and Canadian regulators, pending the sale of additional assets.

In order for the transaction to forward, the companies may need to divest one or more of their existing operations.

May 9, 2014

Nashville, Tennessee-based Louisiana-Pacific reported first-quarter sales of $445 million, a 16% decline compared with the year-ago quarter. 

Like most building-material companies with construction-related customers, the winter weather was cited as a drag on the company's performance. 

March 27, 2014

Louisiana-Pacific (LPX) gained 3.31% on Thursday, but it was a solitary bright spot in an otherwise downward-trending day for HCN Stocks.

March 13, 2014

Louisiana-Pacific (LPX) led the pack in market decreases Wednesday, down 1.62% for the day.

February 18, 2014

Louisiana-Pacific (LPX) dragged its feet on Tuesday, dipping 3.01% to $17.41 a share.

February 14, 2014

Louisiana-Pacific's net income shot up to over five times its 2012 totals in 2013, even though the company posted a loss in the fourth quarter.

Net sales for the quarter ended Dec. 31 were $479.7 million, up from year-ago figures of $453.9 million. For the full year, sales were up 23.3% at $2.09 billion.

Net income for LP came in at a loss of $20.4 million for the quarter, compared to 2012's fourth-quarter income of $46.1 million. However, LP more than made up for it over the course of 2013, generating $177.1 million in income over 2012's $28.8 million.

February 13, 2014

The pending deal between Ainsworth Lumber and Louisiana-Pacific has been put off further by new timing agreements with the Canadian Competition Bureau and the Antitrust Division of the U.S. Department of Justice.

Ainsworth and LP have both agreed that they will not consummate the acquisition before March 13, giving federal regulators time to continue their reviews. As a result, the companies have extended the outside date for completion from March 4 to April 18.

December 15, 2013

Louisiana Pacific (LPX) got a hearty boost of 6.18% on Friday, just in time for the weekend.

July 11, 2013

Some were up, some were down at Wednesday’s close. BlueLinx and Louisiana-Pacific were on the slightly more extreme end of things with a -3.59% and +3.38% change, respectively.

May 7, 2013

Louisiana-Pacific reported net sales of $538 million, an increase from $362 million in the first quarter of 2012.

February 11, 2013

Louisiana-Pacific has reported total sales for the fourth quarter of $459 million, up 47% from $312 million in the fourth quarter of 2011.

December 3, 2012

In a Dec. 3 filing with the Securities and Exchange Commission (SEC), Louisiana-Pacific (LP) announced it will receive a $20 million payment from Deutsche Bank Securities to settle a lawsuit between the two companies. Deutsche Bank Securities will pay the sum without admitting any liability or wrong-doing, and LP will dismiss the legal proceedings with prejudice. Each company will release the other from all claims and liabilities arising out of the sale and purchase of the auction rate securities.

August 15, 2012

Anchor Peabody, a private investment and financial advisory firm specializing in the U.S. building products and construction industry, has added Harold Stanton and Paul Haefcke to its advisory board.

Stanton is the former CEO of Pope & Talbot. His 40-year career in the wood products industry includes various executive leadership positions with Louisiana Pacific, International Paper and APA – The Engineered Wood Association.

August 15, 2012

Anchor Peabody, a private investment and financial advisory firm specializing in the U.S. building products and construction industry, has added Harold Stanton and Paul Haefcke to its advisory board.

Stanton is the former CEO of Pope & Talbot. His 40-year career in the wood products industry includes various executive leadership positions with Louisiana Pacific, International Paper and APA – The Engineered Wood Association.

August 1, 2012

Louisiana-Pacific Corp., one of the industry’s leading suppliers of oriented strand board (OSB) and other building materials, announced net sales of $428 million for its second fiscal quarter, an 18% hike over sales of $362.4 million in the same quarter a year ago.

May 8, 2012

Louisiana-Pacific Corp., one of the industry’s leading suppliers of oriented strand board and other building materials, announced net sales of $361.5 million for its first fiscal quarter of 2012, compared with $331.7 million during the same quarter a year ago. 

March 15, 2012

Louisiana-Pacific Corp. has announced the appointment of Curt Stevens as its new CEO, effective May 4. He will replace Rick Frost, who is retiring after seven years as chief executive. Frost will remain with the company until May 31 to aid in the transition.

February 7, 2012

Louisiana-Pacific reported a fourth-quarter net loss of $46.6 million, compared with a net loss of $6.8 million in the prior-year quarter. For the quarter ended Dec. 31, 2011, LP reported net sales of $312 million, down 1.3% from $316 million in the fourth quarter of 2010.

November 7, 2011

Louisiana-Pacific has posted a third-quarter net loss of $65.6 million, compared with a net loss of $32 million in the third quarter of 2010. Net sales for the quarter ended Sept. 30 totaled $351 million, up 8.7% from $323 million in the year-ago period.

November 7, 2011

Louisiana-Pacific has posted a third-quarter net loss of $65.6 million, compared with a net loss of $32 million in the third quarter of 2010. Net sales for the quarter ended Sept. 30 totaled $351 million, up 8.7% from $323 million in the year-ago period.

August 24, 2011

Louisiana-Pacific Corp. has announced that its Dawson Creek, B.C., mill will curtail production of oriented strand board (OSB) beginning Aug. 25. The mill will continue to manufacture LP TechShield Radiant Barrier Sheathing to support its customers' needs in West Coast markets. 

The Dawson Creek OSB mill was constructed in 1987 and currently employs 114 people. After winterization and preparations for press shutdown are completed, about 26 employees will be retained to operate the TechShield Radiant Barrier line, and maintain the plant and equipment. 

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