Louisiana-Pacific Corp. (LP) reported a vast improvement in loss from continuing operations in the fourth quarter with a 96% decrease to $2 million, compared to $47 million during the same period in 2009. For the year, the company posted a loss from continuing operations of $32 million, which was a 73% improvement over 2009's numbers. More
Louisiana-Pacific Corp. reported its loss from continuing operations in the third quarter more than tripled from the year-earlier period to reach $31 million from $12.5 million even though sales grew 4% to $323 million. More
Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. More
A more than doubling in profit for oriented strand board (OSB) and a tripling of profit for siding enabled Louisiana-Pacific Corp. (LP) to swing to a $23.6 million profit from continuing operations in the second quarter from a $29.2 million loss in the year-earlier period. Sales leaped 67% to $447.1 million. But the Nashville, Tenn.-based firm's earnings announcement also suggested these good times won't continue. More
Subfloors are typically viewed as a commodity, and regardless of whether they're... More
Louisiana-Pacific Corp. reported its loss from continuing operations shrank to $22.5 million in the first quarter from $30.3 million a year thanks to a 44% rise in net sales to $296.6 million that in turn was powered by higher prices for oriented strand board (OSB) and more housing starts. More
Louisiana-Pacific Corporation (LP) tightened its losses in 2009 and this morning reported a fourth quarter net loss of $49 million as compared to a net loss in the fourth quarter of 2008 of $341 million. More
Louisiana-Pacific Corp.'s third-quarter net loss narrowed to $12.5 million from a year-earlier net loss of $111.1 million. Total sales for the quarter fell 21% to $309 million. More
Louisiana-Pacific Corp. (LP) said it will publicly offer 18 million shares of common stock. The manufacturer of OSB and engineered wood products will use net proceeds from the offering to reduce debt by retiring 35% of its senior secured notes due 2017 and for general corporate purposes. More
A federal judge dismissed the plywood-related parts of a complaint by Bailey Lumber & Supply Co. and by 84 Lumber Co. alleging that Georgia-Pacific Corp., Weyerhaeuser Co. and Louisiana-Pacific Corp. had entered into a conspiracy to fix plywood as well as OSB prices earlier this decade. U.S. District Judge Louis Guirola Jr. made a similar move last week in dismissing the complaint against BlueLinx Corp. More
