Seeking Alpha

LPX
Louisiana-Pacific Corporation

5/26/2012, 12:12 PM ET
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LPX Market Currents more »
  • May 8 Louisiana-Pacific (LPX) announces a refinancing plan including the repurchase of up to $244M in debt and a $300M debt offering to help fund that effort. In upgrading shares to Buy from Hold and lifting its price target to $12 from $10, Deutsche Bank says the refinancing could boost annual EPS by $0.11-$0.12. [Quick Ideas]
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Company Description

Our company, founded in 1973 and headquartered in Nashville, Tennessee, is a leading manufacturer of building products. As of December 31, 2009, we had approximately 4,000 employees. We currently own 21 modern, strategically located facilities in the U.S. and Canada. We also own two facilities... More