Building products manufacturer Louisiana-Pacific (Ticker: LPX) posted a second-quarter loss of almost $81 million, more than triple last year's. CEO Rick Frost cited "ongoing turmoil in the market," but said operations showed some improvement from the first quarter.
Second-quarter profits at Tennessee Commerce Bancorp rose 15 percent from a year ago. Chargeoffs at the bank (Ticker: TNCC) more than doubled from the first quarter, but nonperforming asset ratios stayed in check.
Smoke 'em if you got 'em: Nashville-based CAO International will distribute an anniversary line of Dunhill cigars this fall.
If you've had your eye on Pacman's pad, there's still time: The foreclosure sale of the former Titan's Franklin home has been postponed a second time.
You must be logged in to comment. If you do not have an account, you can join our esteemed subscribers.