(Logo: http://)Name of product: Composite DecksUnits: About 48 million linear feet (decks vary in size)Manufacturer: Louisiana-Pacific (LP) Corp., of Nashville, Tenn.Hazard: The recalled decking can prematurely deteriorate and unexpectedlybreak.Consumers can fall through broken decking and suffer serious injuries.Incidents/Injuries: LP has received 37 reports of composite decks breaking,resulting in 14 injuries, including a broken wrist, sprained ankle, minorlacerations and bruises.Description: The recall includes outdoor deck board and railings sold underthe brand names LP WeatherBest(R), ABTCo., and Veranda(R). They are compositeproducts that look similar to natural wood and were sold in various colorsincluding Tuscan Walnut/Chestnut, Driftwood Grey/Greystone, Pacific Cedar andWestern Redwood.Veranda decking products were manufactured by multiplefirms; only products manufactured by LP are included in this recall. Consumers should stopusing recalled products immediately unless otherwise instructed. Composite Decks Recalled by Louisiana-Pacific; Decks Can Deteriorate andBreak, Posing Fall HazardWASHINGTON, May 13 /PRNewswire-USNewswire/ -- The U.S. Consumer Product SafetyCommission, in cooperation with the firm named below, today announced avoluntary recall of the following consumer product.
It said it still plans to proceed with court hearings in Canada and the United States later this week to consider the approval of its restructuring plan.Montreal-based Quebecor World, which is hoping to emerge from bankruptcy protection this summer, prints books, magazines, directories and advertising materials. It filed for court protection in January 2008 and currently has about 20,000 employees."We believe that the proposed transaction set out in this letter is superior for the Quebecor debtors and their creditors to the restructuring proposed by the plans in their current form," Donnelley's chief executive, Thomas Quinlan, said in a letter to Quebecor World management.Shares of Chicago-based Donnelley were down 6.16 percent at $12.19 on the New York Stock Exchange at midday on Wednesday.(Reporting by Anurag Kotoky in Bangalore and Wojtek Dabrowski in Toronto, editing by Rob Wilson) Deals. DealsDonnelley said it will pay the commercial printer's debtors about $957 million in cash, and 30 million of its shares, valued at $394.2 million, based on Monday's closing price of $13.14 each.The transaction, which is expected to add to Donnelley's earnings within 12 months of combined operations, is not subject to any financing conditions and no shareholder approval is required, the company said in a statement.Quebecor World said on Wednesday that its board is currently reviewing Donnelley's proposal and will discuss it with its major stakeholders. TORONTO (Reuters) - Commercial printer R.R. Donnelley & Sons Co RRD.N said it has offered to buy the assets and properties of insolvent rival Quebecor World IQW.TO for about $1.35 billion in a cash and stock deal. Companies that were acquired or suffered bankruptcy during2008 were included in the analysis.About Watson Wyatt WorldwideWatson Wyatt (NYSE, Nasdaq: WW) is the trusted business partner to the world'sleading organizations on people and financial issues.
The firm's globalservices include: managing the cost and effectiveness of employee benefitprograms; developing attraction, retention and reward strategies; advisingpension plan sponsors and other institutions on optimal investment strategies;providing strategic and financial advice to insurance and financial servicescompanies; and delivering related technology, outsourcing and data services.Watson Wyatt has 7,700 associates in 33 countries and is located on the Web at WyattEd Emerman, +1-609-275-5162, , for Watson Wyatt; or SteveArnoff of Watson Wyatt, +1-703-258-7634, . The industries include healthcare, technology, consumer, materials/industrials, financial andenergy/utilities. To be effective, the pay programs of the futurewill need to reward top talent without motivating excessive risk or reachingunwarranted levels when the economy and the stock market recover," said Kay.The Watson Wyatt analysis reviewed compensation levels for 2007 and 2008 atthe first filers of the 20 largest companies with complete informationavailable in each of six broad S&P industries. "Paypackages will be realigned to reflect the new economic reality that iscurrently unfolding. And while there will be an increased focus on risk andstock ownership, every board will likely settle on the pay mix that works bestfor its industry and company."The 18 CEOs in the financial industry companies, the largest industry group inthe analysis, collectively lost more than $3.1 billion in value, largelydriven by decreases in the value of company ownership due to stock pricedeclines in 2008.
The analysis also found that despite a moderate stock marketrebound in recent months, the typical CEO lost an additional 21 percent inequity value in the first three months of 2009.CEO Financial Fortunes Drop Across Major Industries in 2008Aggregate CEO median Median 1-Year % 2008 declinedecline (in CEO medianTotal Return toIndustry(in $millions)$millions) % declineShareholders (TRS)Health Care -$202-$13 -24% -17%Technology-$5,056-$30 -38% -26%Consumer-$294-$25 -45% -27%Materials/Industrials -$1,209-$42 -59% -40%Financial -$3,192-$95 -76% -68%Energy/Utilities-$3,443 -$183 -58% -47%All Industries -$13,396-$39 -53% -40%"Executive pay and performance will remain lightning rod issues asshareholders, the media and Congress continue to scrutinize how companies arecompensating their executives. "Clearly, most CEOs at large companies were not immune to the financialfallout from the economic crisis and stock market losses of the last year,"said Ira Kay, global director of compensation consulting at Watson Wyatt. The typical CEO saw a decline of $39 million or 53 percent in valuefor the year, with a drop in annual bonuses alone of 30 percent. Shareholderssaw a 40 percent loss on their investments and an overall loss of $2.23trillion for the 80 companies. Economic Downturn Leads to More Than $13 Billion Decline for 80 CEOs StudiedWASHINGTON, May 13 /PRNewswire/ -- Chief executive officers at many of thenation's largest corporations saw portions of their financial fortunes dropsharply last year as the financial crisis and slumping stock market resultedin smaller annual bonus payouts, diminished ownership values and reduced valuefor equity holdings, according to an analysis of proxy statements conducted byWatson Wyatt, a leading global consulting firm.The 80 CEOs that Watson Wyatt analyzed experienced an aggregate decrease of$13.4 billion in levels of realizable pay (measured here by annual bonusespaid plus value of company ownership plus value of outstanding equity awards)in 2008. LONDON--(Business Wire)--Langton Securities (2008-2) Plc Report and Financial Statements Period ended 31 December 2008 Copies of the above document have been submitted to the UK Listing Authority andwill shortly be available for inspection at the UK Listing Authority`s DocumentViewing Facility, which is located at: UK Listing AuthorityThe Financial Services Authority25 The North ColonnadeCanary WharfLondonE14 5HS Tel : 020 7066 1000 Langton Securities (2008-2) Plc Copyright Business Wire 2009. Key Players * List of Tables * List of ChartsCompanies Mentioned:* AVTOVAZ OAO * GAZ Group * KAMAZ OAO * General Motors * Renault SA * Hyundai Motor CompanyFor more information visit http:// WoodSenior Fax from USA: 646-607-1907Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009.

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