Dollar General sales outlook disappoints investors

Retailer gives up ground on up day for markets
Aug 27, 2015 1:53 PM

Kirkland's tumbles on Q2 report, guidance

Retailer projects higher cap ex
Aug 21, 2015 11:30 AM

Earnings wrap: Iasis, First Acceptance, InsBank

Hospital owner gets boost from rising admissions, insurer dealing with more claims, lender Q2 up 20%
Aug 13, 2015 11:50 AM

Earnings wrap: Diversicare, NHC

Health care providers’ profits slip on higher revenues
Aug 7, 2015 2:59 PM

Earnings wrap: CCA, Healthcare Realty

Texas facility boosts prison manager, medical office owner FFO up 14%
Aug 7, 2015 6:54 AM

Earnings wrap: NHI, Symmetry Surgical

Medical instrument maker lifts bottom end of outlook
Aug 6, 2015 2:00 PM

Earnings wrap: Brookdale, Cumberland

Senior living giant cuts guidance; drug marketer's profits slip on lower sales
Aug 5, 2015 2:12 PM

Earnings wrap: LP, Delek

Building materials manufacturer Louisiana-Pacific on Tuesday posted a second-quarter loss of $19.5 million, a year after it eked out a small profit. Sales fell 5 percent during the quarter to $493 million, with shipments of the company's core oriented strand board products rising 11 percent but prices falling 15 percent.

"The continued weakness in OSB pricing in the quarter, we believe, was caused by the reduction in demand due to very wet weather in the middle of the country, including Texas," said CEO Curt Stevens. "With the distribution channel relatively full coming out of the first quarter, re-ordering was at a slower pace than anticipated."

Stevens said the second-half outlook for housing starsts is promising. In mid-morning trading, shares of LP (Ticker: LPX) were down slightly to $15.61.

 
Executives at oil refiner and marketer Delek US Holdings said the company's Q2 profit came in at $48.3 million, down from $54.9 million in the year-earlier period. Revenues slipped to $1.69 billion from $2.37 billion as oil prices and operating income fell to $79.8 million from $106 million.

Chairman, President and CEO Uzi Yemin said the company's Texas refinery put up strong numbers after a March expansion project and that their Arkansas refinery now has access to crude oil from an Exxon pipeline that that company recently reversed. Delek's 360-store retail business saw its fuel margin slip to 15.3 cents from 19.3 cents, which cut its contribution margin 14 percent to $14.3 million.

Looking ahead, Yemin said Delek's capital spending needs will drop off in the second half, "which should create the potential for increased free cash flow from our operations." At about 11:15 a.m., shares of the company (Ticker: DK) were changing hands at $34.64, up 0.6 percent on the day.

Aug 5, 2015 11:11 AM

Ryman speeds up Opryland rooms project

Q2 profits pop 80%; board lifts dividend 8%
Aug 5, 2015 7:13 AM

Earnings wrap: Acadia, AmSurg

Behavioral health company raises guidance, surgical centers owner beats on EPS
Aug 5, 2015 6:57 AM