Equity Research on Louisiana-Pacific Corp. and Weyerhaeuser Co. - Lumber Companies Flying High on Housing Recovery
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/09/12 -- The sustained housing recovery in the U.S. has had a positive effect on a number of companies and industries, and is especially true for companies with operations in lumber, such as Louisiana-Pacific Corp. and Weyerhaeuser Co. Lumber companies have been battling through subdued demand for some time, and those still standing could benefit from the uptick as well as reduced competition. Get your free reports on and at .
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A slew of positive housing information is currently contributing to increased investor interest in companies like Louisiana-Pacific and Weyerhaeuser. The National Association of Home Builders recently stated that sales of newly built family homes jumped by 5.7% in September, its fastest sales pace since April 2010. The association also stated that the number of housing markets in the U.S. displaying consistent improvement in a number of measures of strength rose by 22 for the month of November, bringing the total to 125. report is accessible for free by registering today at
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Quarterly earnings have also demonstrated the turnaround for the lumber market. Weyerhaeuser posted solid 3rd quarter earnings and managed to grow its net sales to $1.8 billion, up from $1.6 billion during the same quarter last year. Louisiana-Pacific also turned in a strong quarter, with sales and operating income increasing year-over-year. report is accessible for free by registering today at
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Datum: 09.11.2012 - 13:00 Uhr
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