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Morningstar rates Fortune Brands at US$78 fair value estimate, up 25.8% from recent trading price, noting improved financial performance over past decade has been due to operating strategy, which includes strengthening new home construction, R&R spending

Walmart expands remodeling efforts to new stores after successful trial at Springdale, Arkansas, location; Springdale store saw 31.2% more visits than the average Walmart, 66.6% more visits than the average Target in Q4 following remodel, per CNBC

Motley Fool names LP, Builders FirstSource as stocks to buy and never sell, noting both companies have staked out bigger position in R&R market; LP's siding business generated more revenue than OSB in Q3, and is less affected by any drop in housing starts

CIBC conference highlights with Adentra: CEO says homes under construction remained elevated in December, but slowdown in housing starts could impact results in 2023; R&R expected to hold up better than new residential, and commercial side remains healthy

CIBC conference highlights with Mercer: Management upbeat on softwood pulp pricing in 2023; going forward, management plans to reduce business’ pulp exposure to about 50%, with remainder coming from lumber and CLT; company sees growth with R&R customers

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