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Stock Market & Financial Investment News

News Breaks
June 30, 2014
07:14 EDTRYN, RYAMRayonier downgraded at RBC Capital
As noted earlier, RBC Capital downgraded Rayonier (RYN) to Sector Perform from Outperform. The firm downgraded the stock based on valuation and lowered its price target on the shares to $37 from $52 to reflect the tax-free spinout of Rayonier Advanced Materials (RYAM).
News For RYN;RYAM From The Last 14 Days
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July 21, 2014
08:43 EDTRYAM, RYNRayonier declares special cash dividend of 50c per share
Rayonier's (RYN) board of directors has declared a third quarter cash dividend of 30c per common share. The dividend is payable on September 30 to shareholders of record on September 16. In addition to the regular third quarter cash dividend, the company’s board has declared a special cash dividend of 50c per common share payable on August 15 to shareholders of record on July 31. The special dividend will be paid from proceeds received from Rayonier Advanced Materials (RYAM) in connection with its spin-off from Rayonier on June 27.
July 18, 2014
10:03 EDTRYAMOn The Fly: Analyst Initiation Summary
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06:56 EDTRYAMRayonier Advanced Materials initiated with an Underperform at BofA/Merrill
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