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Stock Market & Financial Investment News

News Breaks
February 8, 2013
08:07 EDTLPXLouisiana-Pacific reports Q4 continuing ops EPS 34c, consensus 22c
Reports Q4 revenue $458.7M, consensus $443.79M. Reports non-GAAP adjusted EPS from continuing ops 18c.
News For LPX From The Last 14 Days
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November 26, 2014
10:11 EDTLPXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21Vianet (VNET) downgraded to Hold from Buy at Canaccord... Agrium (AGU) downgraded to Underperform from Neutral at BofA/Merrill... Cinemark (CNK) downgraded to Hold from Buy at Topeka... Copa Holdings (CPA) downgraded to Neutral from Overweight at JPMorgan... Ctrip.com (CTRP) downgraded to Equal Weight from Overweight at Barclays... Cubic (CUB) downgraded to Hold from Buy at Needham... Helix Energy (HLX) downgraded at Morgan Stanley... Louisiana-Pacific (LPX) downgraded to Underperform from Sector Perform at RBC Capital... U.S. Silica (SLCA) downgraded to Market Perform at Wells Fargo.
06:00 EDTLPXLouisiana-Pacific downgraded to Underperform from Sector Perform at RBC Capital
RBC Capital downgraded Louisiana-Pacific to Underperform saying OSB lumber prices are likely to remain at "depressed" levels over the next year due to high inventory levels. RBC believes shares are overvalued given the price environment and keeps a $13 price target for shares. Louisiana-Pacific closed yesterday up 39c to $15.89.

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