Content about Financial markets

February 29, 2012

Louisiana-Pacific Corp. reported that it has adjusted its 2011 results to reflect a wider loss in 2011.

After the adjustment, LP’s 2011 net loss was $181.3 million. On Feb. 7, LP reported a net loss of $170.7 million. 

The adjustment comes from a non-cash impairment charge related to its investment in its U.S. Greenfiber joint venture due to information received after the release of earnings.

August 24, 2011

Scott Freidheim, president of the Craftsman, Kenmore and DieHard brands at Sears Holdings, has resigned, according to an Aug. 23 filing with the Securities and Exchange Commission (SEC). Freidheim, who took over the position seven months ago, is leaving on Sept. 2 “to pursue another opportunity,” the SEC filing said.

September 9, 2007

In more ways than one, this is the age of “Mad Money.” A huge television...