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Stock Market & Financial Investment News

News Breaks
September 19, 2013
16:10 EDTPCLPlum Creek Timber, Enova Group enter contracts for wood fiber supply
Plum Creek Timber announced it has entered into a 10-year fiber supply and services agreement with The Enova Group, an independent bioenergy firm headquartered in Atlanta, GA. Plum Creek will deliver up to 3M tons annually of sustainably-managed wood fiber to three pellet manufacturing locations that will be constructed in the Southeastern United States. Approximately 500,000 tons will originate from Plum Creek’s timberlands with the remaining 2.5M tons to be sourced and delivered from third party landowners. Enova will construct mills to convert wood fiber into pellets to serve global biomass markets. Pellet shipments are expected to begin in 2015.
News For PCL From The Last 14 Days
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January 27, 2015
10:00 EDTPCLOn the Fly: Analyst Downgrade Summary
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08:19 EDTPCLPlum Creek Timber downgraded at RBC Capital
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07:48 EDTPCLPlum Creek Timber downgraded to Neutral from Buy at DA Davidson
DA Davidson downgraded Plum Creek TImber to Neutral based on valuation. Price target remains $48.
05:49 EDTPCLPlum Creek Timber downgraded to Sector Perform from Outperform at RBC Capital
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January 26, 2015
16:16 EDTPCLPlum Creek Timber sees FY15 EPS $1.05-$1.30, consensus $1.27
16:15 EDTPCLPlum Creek Timber sees Q1 EPS 20c-25c, consensus 27c
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16:14 EDTPCLPlum Creek Timber reports Q4 EPS 39c, consensus 34c
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15:30 EDTPCLNotable companies reporting after market close
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January 23, 2015
08:19 EDTPCLBofA/Merrill paper/forest products analyst hold analyst/industry conference call
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