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Monday 28 September 2015
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Stocks in Focus: Tesoro Corporation (NYSE:TSO), Louisiana-Pacific Corporation (NYSE:LPX), Navistar International Corp (NYSE:NAV), Time Warner Cable Inc (NYSE:TWC)

On Monday, in the course of current trade, Shares of Tesoro Corporation (NYSE:TSO), climbed 1.47%, and is now trading at $94.42.

Tesoro Corporation, gave local business leaders an opportunity to observe and learn about the improved safety features of Tesoro’s new DOT 120 crude oil rail cars at the Port of Vancouver USA.

In addition to showcasing the rail cars, officials with Tesoro and Savage, who are joint venture partners in the projected Vancouver Energy terminal at the Port of Vancouver USA, presented new public opinion research results showing strong support for the terminal by voters in Clark County.

Tesoro Corporation, through its auxiliaries, engages in petroleum refining and marketing activities in the United States. It operates in three segments: Refining, Tesoro Logistics LP (TLLP), and Retail.

During an Afternoon trade, Shares of Louisiana-Pacific Corporation (NYSE:LPX), climbed 0.75%, and is now trading at $16.02.

Louisiana-Pacific Corporation, declared that it will not submit a project to the Quebec Minister of Forests, Wildlife and Parks’ Project Office to reacquire the wood license associated with its Chambord, Quebec, oriented strand board (OSB) mill.

After an in-depth analysis of the mill’s historical and projected costs, LP determined that market demand does not warrant operating the Chambord mill at this time, and it is not appropriate to reacquire the wood license without a plan for operating the mill.

Louisiana-Pacific Corporation, together with its auxiliaries, primarily manufactures and sells building products for use in new home construction, repair and remodeling, outdoor structures, and light industrial and commercial construction. The company’s Oriented Strand Board segment offers structural panel products comprising plywood, counting roof decking, sidewall sheathing, and floor underlayment.

Shares of Navistar International Corp (NYSE:NAV), dipped -3.36%, and is now trading at $ 3.36.

Navistar International Corporation, declared a third quarter 2015 net loss of $28 million, or $0.34 per diluted share, contrast to a third quarter 2014 net loss of $2 million, or $0.02 per diluted share.

Third quarter 2015 EBITDA was $106 million as compared to EBITDA of $142 million in the same period one year ago. The third quarter 2015 comprised certain net charges of $23 million, contrast to benefits of $9 million in the third quarter of 2014. Not Taking Into Account these items, adjusted EBITDA was $129 million in the third quarter 2015 contrast to $133 million in the same period one year ago.

Revenues in the quarter were $2.5 billion. An improvement in the company’s truck, bus and parts sales in the U.S. and Canada was more than offset by lower export truck and parts sales, revenue declines in its global operations and exit from the Blue Diamond Truck joint venture. Retail deliveries and chargeouts in the company’s core markets (Class 6-8 trucks and buses in the United States and Canada) were up 15 percent and 5 percent, respectively, year-over-year. Dealer-led sales are up 27 percent year-to-date through June.

Navistar International Corporation manufactures and sells commercial and military trucks, diesel engines, and school and commercial buses; and provides service parts for trucks and diesel engines worldwide. It operates through four segments: North America Truck, North America Parts, Global Operations, and Financial Services.

Finally, Time Warner Cable Inc (NYSE:TWC), gained 0.46% Monday.

Time Warner Cable, declared a quarterly dividend of $0.75 per share on the Company’s Common Stock, payable in cash on October 22, 2015, to stockholders of record at the close of business on October 1, 2015.

Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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