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Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:37 EDTUFS, RKT, WY, BZ, LPX, PCL, SWMPaper & Forest Products sector downgraded at Goldman
Goldman downgraded the U.S. Paper & Forest Products sector to Neutral from Attractive due to valuations. As part of the sector downgraded the firm cut Domtar (UFS) to Neutral from Buy and removed Rock-Tenn (RKT) from its Conviction Buy List.
News For UFS;RKT;WY;BZ;LPX;PCL;SWM From The Last 14 Days
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August 26, 2014
18:37 EDTWYWeyerhaeuser announces plans to move headquarters to Seattle
Weyerhaeuser announced it will move its headquarters from Federal Way, Wash., to 200 Occidental Avenue in Seattle, Wash. The move will occur in mid to late 2016 when construction of the new building is complete. "There are two main drivers for this decision, which we made after thorough analysis of various options for the location of our headquarters," said Doyle R. Simons, president and CEO. "First, our 430-acre campus in Federal Way is costly and too large for our needs. Second, moving our headquarters to Seattle will give us access to a larger talent pool to meet future recruiting needs, not just in this region, but from across the country." The company will divest the land and buildings it owns in Federal Way, Wash.
August 18, 2014
08:36 EDTWYTRI Pointe Homes acquires 649 lots for seven new communities
TRI Pointe (TPH) announced the acquisition of 649 lots for seven new communities in markets across the country, expanding its presence in California, Nevada, Washington state and Virginia. This comes on the heels of TRI Pointe’s $2.8B merger with Weyerhaeuser’s (WY) home-building subsidiary, Weyerhaeuser Real Estate.

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