Forest Products

The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 3.8% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...

Existing Home Sales measures the change of existing residential buildings that were sold during the previous month. This report helps to gauge the strength of the U.S. housing market and is a strong indicator of overall economic strength. The Survey states that 4.62 million existing residential...

Louisiana-Pacific Corporation (“LP”) (NYSE: LPX) today announced the early tender results for its previously announced offer to purchase and solicitation of consents for its 13% Senior Secured Notes due 2017 (the “2017 Notes”). As of 5:00 p.m., New York City time, on May 18, 2012 (the “Consent...

Building Permits tracks the change in government issued new building permits from the prior month. Housing starts tracks the change in the number of new residential buildings that began construction during the month. Both signal to the health of the US housing market. Larger-than-expected increases...

The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 1.7% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...

Analysts at UBS upgraded Arch Coal Inc (NYSE: ACI) from “neutral” to “buy.” ACI's shares closed at $8.06 on Friday. Arch Coal's trailing-twelve-month revenue is $4.45 billion. Analysts at Goldman Sachs upgraded St. Jude Medical Inc (NYSE: STJ) from “neutral” to “buy.” STJ's shares closed at $38.88...

Louisiana-Pacific Corporation (NYSE: LPX) today announced that it has priced its private offering of $350 million aggregate principal amount of Senior Notes due 2020. The Notes will bear interest at an annual rate of 7.5%. LP expects to close the offering of the Notes on May 21, 2012, subject to...

The MBA Mortgage Applications Survey tracks new home mortgage applications and resembles a current indicator for the U.S. housing market. The Survey increased 1.7% versus the prior week. This is essentially bullish for the U.S. housing market. MBA Mortgage Applications measures the change in the...

In recent years, traders and investors have increasingly turned to social media to discuss their investments. Now, interested parties can get a scientific look at what is being discussed on a weekly, monthly, and even hourly basis. Provided by Social Market Analytics, here is the social media...

Deutsche Bank raises its rating on Louisiana-Pacific Corporation (NYSE: LPX) to Buy from Hold and raises its price target from $10 to $12. Deutsche Bank says, "Housing demand is showing some signs of pick-up after ~5 yrs of anemic US housing starts. With ~9bsf of OSB capacity shuttered over the...