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MBA Mortgage Applications Increase 4.5%
Wednesday, January 11, 2012 - 7:35am | 514The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 4.5% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...
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MBA Mortgage Applications Decrease 4.1% from Last Week
Wednesday, January 4, 2012 - 7:34am | 459The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey decreased 4.1% versus the prior week. This is essentially bearish for the U.S. housing market. (NYSE: XHB) MBA Mortgage Applications measures the...
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TD Securities Downgrades Louisiana-Pacific to Reduce
Monday, December 19, 2011 - 8:23am | 19TD Securities has downgraded Louisiana-Pacific (NYSE: LPX) from Hold to Reduce.
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Scotia Capital Has Sector Underperform on Louisiana-Pacific
Wednesday, November 9, 2011 - 8:58am | 74Scotia Capital is out with a research report on Louisiana-Pacific Corporation (NYSE: LPX) and it has a Sector Underperform rating and is lowering its price target to $8 from $8.15 after it reported earnings. In a note to clients, Scotia Capital writes, "Louisiana-Pacific reported adj. EBITDA of...
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BMO: Louisiana-Pacific's Results in Line
Monday, November 7, 2011 - 9:43am | 124BMO Capital Markets says Louisiana-Pacific's (NYSE: LPX) results will stay in line, as it maintains its Underperform rating and a target price of $6.00 on the stock. BMO states, "We estimate Q3/11 EPS from continuing operations of ($0.19) compared to the First Call Mean of ($0.17) and our...
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LP Names Stevens COO, Appoints Sallie Bailey CFO
Monday, November 7, 2011 - 8:01am | 71Louisiana-Pacific Corporation (NYSE: LPX) today announced that Executive Vice President Curt Stevens, LP's chief financial officer since 1997, will move into the interim position of executive vice president and chief operating officer, newly created by the LP board of directors for the purpose of...
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Earnings Scheduled For November 7
Monday, November 7, 2011 - 4:21am | 473Air Transport Services Group Inc (NASDAQ: ATSG) is projected to post its Q3 EPS at $0.18 on revenue of $192.40 million. Tesco Corp (NASDAQ: TESO) is projected to report its Q3 earnings at $0.22 per share on revenue of $129.2 million. Dish Network Corp (NASDAQ: DISH) is projected to report its Q3...
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Stocks To Watch For November 7
Monday, November 7, 2011 - 3:52am | 188Some of the stocks that may grab investor focus today are: Wall Street expects Dish Network Corp (NASDAQ: DISH) to report its Q3 EPS at $0.74 on sales of $3.64 billion. DISH shares dropped 0.84% to clsoe at $23.48 on Friday. Tesco Corp (NASDAQ: TESO) is projected to report its Q3 earnings at $0....
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Notable Call Options Activity in Louisiana-Pacific
Monday, October 31, 2011 - 8:47am | 92Shares of Louisiana-Pacific (NYSE: LPX) are lower on the session by 3.99%, currently trading at $6.73. The stock has been moving largely higher over the past three weeks and is currently trading above the 50-day moving average. Options traders are focusing on calls today. A short while ago the...
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LP Announces Fourth Amendment to $100 Million Credit Agreement
Monday, October 17, 2011 - 7:04am | 151Louisiana-Pacific Corporation (LP) (NYSE: LPX) announced today it has executed a fourth amendment, dated October 14, 2011, to its loan and security agreement, dated March 10, 2009, with the lenders party thereto and Bank of America, N.A., as administrative agent. Among other changes, the Fourth...
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Afternoon Losers; Barnes & Noble Down 7%
Friday, September 2, 2011 - 2:29pm | 120CBS Corporation (NYSE: CBS) -6.21% on low volume. Skyworks Solutions (NASDAQ: SWKS) -6.41% on low volume. Louisiana-Pacific Corporation (NYSE: LPX) -6.06% on low volume. Manitowoc Company (NYSE: MTW) -5.77% on low volume. Barnes & Noble (NYSE: BKS) -6.93% following the downtrend that...
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Deutsche Bank Comments on Louisiana-Pacific
Thursday, August 25, 2011 - 9:54am | 103Deutsche Bank provided color on Louisiana-Pacific (NYSE: LPX) in a research report published today. Deutsche Bank has previously given Louisiana-Pacific a Hold rating and $10 price target. In the report, Deutsche Bank states, "A near-term recovery in housing looks unlikely at the moment. Most...
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Fast Money Picks For August 17th (FXE, SPY, TGT, LPX)
Tuesday, August 16, 2011 - 6:41pm | 171On CNBC's Fast Money, Brian Kelly said that he is a buyer of euro. He wants to buy CurrencyShares Euro Trust (NYSE: FXE) tomorrow. CurrencyShares Euro Trust (FXE) fell 0.22% today, and closed at $143.53. Dan Nathan wants to sell rallies in the S&P 500. If you agree, you can take a look at SPDR...
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BMO Reiterates Outperform on Louisiana Pacific, Reduces PT to $7
Wednesday, August 3, 2011 - 7:07am | 47BMO reiterated its Underperform rating on Louisiana Pacific (NYSE: LPX). At the same time, the rating agency reduced its price target on the company's stock from $10 to $7. On Tuesday, LPX lost 3.17% of its value to end the day at $7.03.
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KBW Reiterates Outperform on Weyerhauser
Tuesday, August 2, 2011 - 6:55am | 67KBW is out with its report today on Weyerhauser (NYSE: WY), reiterating Outperform. In its report, KBW writes, "We view the recent weakness in shares as an opportunity for investors to take advantage of the company's significant earnings upside at a reasonable valuation of just 19.5x 2012 AFFO....