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08:07 EDTLPX
theflyonthewall.com: Louisiana Pacific CEO Rick Frost: 2009 continues to be challenging
The company's CEO said: "2009 continues to be challenging for all of our businesses. During the third quarter, we did see improvement in our operations, particularly Siding. Looking forward, we believe that some recent improvements in housing statistics may bode well for the 2010 building season. Because the fourth quarter is historically a weak part of the year for demand, our goal for the remainder of the year is to conserve cash and improve liquidity so that when this economic downturn subsides, we will be well positioned to compete." :theflyonthewall.com



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February 9, 2010
06:21 EDTLPX
theflyonthewall.com: Louisiana Pacific upgraded to Sell from Conviction Sell at Goldman

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:theflyonthewall.com