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Louisiana-Pacific Corp. - LPX STOCK NEWS

Welcome to our dedicated news page for Louisiana-Pacific (Ticker: LPX), a resource for investors and traders seeking the latest updates and insights on Louisiana-Pacific.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Louisiana-Pacific's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Louisiana-Pacific's position in the market.

Rhea-AI Summary
LP Building Solutions (LP) announced the appointment of LP Chair and CEO Brad Southern to the Federal Reserve Bank of Atlanta’s Board of Directors for its Nashville Branch. Southern will serve a three-year term that began January 1, 2024. As a Nashville Branch director, Southern will provide economic insights from the manufacturing and homebuilding sectors to aid in formulating monetary policy and discount rate recommendations. With over 40 years of manufacturing and forest products experience, Southern also serves on the boards of directors of the National Association of Manufacturers and the Forest Products Association of Canada. The Federal Reserve Bank of Atlanta collaborates with the Board of Governors in Washington, D.C. to constitute the Federal Reserve System, aiming to foster a sound financial system and healthy economy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.19%
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management
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Rhea-AI Summary
LP Building Solutions (LP) Donates Over $875,000 to Nonprofits and Public Schools in 2023, Celebrates 50th Year
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1%
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Rhea-AI Summary
LP Building Solutions (LP) has been recognized by Newsweek as one of America's Most Responsible Companies for 2024, based on a holistic view of corporate responsibility. LP's sustainability initiatives across Governance, People, Environment, Products, and Communities drove its results, reflecting its long-standing commitment to sustainability and corporate responsibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
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none
Rhea-AI Summary
LP Building Solutions (LP) partners with the Manufacturing Institute's Heroes MAKE America program to support veteran hiring initiatives and foster a diverse and inclusive workforce. The initiative provides certifications and career readiness training to prepare transitioning service members, veterans, National Guard members, reservists, and military spouses for rewarding careers in manufacturing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
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Rhea-AI Summary
Louisiana-Pacific Corporation (LP) reported its financial results for the third quarter of 2023. Siding net sales decreased by 13% to $345 million, while Oriented Strand Board (OSB) net sales decreased by 14% to $335 million. Consolidated net sales decreased by 15% to $728 million. Income attributed to LP from continuing operations decreased by $11 million to $118 million. Adjusted EBITDA was $190 million, a decrease of $10 million. Cash provided by operating activities was $187 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.56%
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Rhea-AI Summary
LP Building Solutions announces quarterly cash dividend of $0.24 per share
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-0.72%
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dividends
Rhea-AI Summary
LP Building Solutions to release Q3 2023 financial results on November 1, 2023
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0.44%
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Rhea-AI Summary
LP Building Solutions announces the opening of its new LP SmartSide ExpertFinish prefinishing facility in Bath, New York, bringing more than 60 new jobs to the area. The facility will help meet customer demand for high-quality, sustainable products. LP's prefinished siding product, ExpertFinish, has seen strong growth since its 2020 launch. By expanding into the Northeast, LP can better serve the new home construction and repair markets in the region. LP celebrates the opening of its 23rd manufacturing site and its 13th siding facility. The facility is ideally suited for ExpertFinish production due to its proximity to the Northeastern U.S. and Eastern Canada siding markets. The prefinished siding product is available in 16 versatile colors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
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Rhea-AI Summary
LP Building Solutions releases its 2023 Sustainability Report, highlighting its resilience and commitment to carbon-negative products. The report showcases achievements such as 100% wood fiber sourced through stringent forest certification standards, 80% thermal energy derived from renewable sources, and strong safety performance. LP also emphasizes workforce diversity, community support, and the completion of LP Health and Wellness Centers at 11 facilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.13%
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none
Rhea-AI Summary
LP Building Solutions announces that five of its Structural Solutions products have been validated as carbon negative, storing more carbon than is released during their life cycle. This designation provides greater value for LP customers, homeowners, and shareholders. The entire LP Structural Solutions product portfolio, except for LP NovaCore Thermal Insulated Sheathing, has been confirmed to be carbon negative. LP's investment in life cycle assessments and environmental product declarations gives builders access to products that help achieve higher ratings within green building certification programs. LP is committed to providing sustainable solutions for the building products industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.86%
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Louisiana-Pacific Corp.

NYSE:LPX

LPX Rankings

LPX Stock Data

5.55B
64.18M
11.28%
81.59%
1.65%
Reconstituted Wood Product Manufacturing
Manufacturing
Link
US
Nashville

About LPX

as a proven leader in high performance building solutions, lp building solutions manufactures uniquely engineered, innovative building products that meet the demands of builders, remodelers, and homeowners worldwide. lp's extensive offerings include innovative and dependable building products and accessories, such as siding solutions (lp® smartside® trim & siding, lp® smartside® expertfinish® trim & siding, lp builderseries® lap siding, and lp® outdoor building solutions®), lp structural solutions (lp® techshield® radiant barrier, lp weatherlogic® air & water barrier, lp legacy® premium sub-flooring, and lp® flameblock® fire-rated sheathing and more), lp® topnotch® sub-flooring, and oriented strand board (osb). in addition to product solutions, lp provides industry-leading customer service and warranties. since its founding in 1972, lp has been building a better world™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. headquartered in n