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Stock Market & Financial Investment News

News Breaks
February 3, 2014
08:47 EDTWYWeyerhaeuser shares should be bought after miss, says Buckingham
After Weyerhaeuser reported lower than expected Q4 EPS, Buckingham thinks the stock is compelling, partly due to a favorable long-term outlook for housing and the shares' attractive valuation.
News For WY From The Last 14 Days
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February 12, 2016
16:34 EDTWYWeyerhaeuser shareholders approve pending merger with Plum Creek Timber
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16:32 EDTWYPlum Creek Timber shareholders approve merger with Weyerhaeuser
Plum Creek Timber (PCL) announced that stockholders overwhelmingly approved the proposed merger of Plum Creek and Weyerhaeuser (WY) at a special shareholder meeting held earlier. At the time the merger becomes effective, Plum Creek common stockholders will receive 1.60 Weyerhaeuser common shares for each share of Plum Creek common stock. At the special meeting, 122,615,534 shares were voted "FOR" the proposal to adopt the merger agreement with Weyerhaeuser, representing approximately 70% of the total shares outstanding as of the record date and approximately 99% of the shares voted on the matter. The company will file with the SEC a report on Form 8-K disclosing the final tabulation of the votes. Plum Creek and Weyerhaeuser have coordinated the quarterly dividend plan in accordance with the merger agreement so that no holder of either company will receive two dividends or fail to receive one dividend in the first quarter. The merger is expected to become effective so Plum Creek stockholders will become Weyerhaeuser shareholders of record in time to receive the upcoming Weyerhaeuser cash dividend. This dividend is payable on March 18 to shareholders of record of Weyerhaeuser common shares at the close of business on March 8.
February 5, 2016
10:05 EDTWYPlum Creek Timber to host special shareholder meeting
Special Shareholder Meeting to vote on the merger with Weyerhaeuser Company will be held in Seattle, Washington on February 12 at 1 pm.
10:01 EDTWYWeyerhaeuser to hold a special shareholder meeting
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05:44 EDTWYWeyerhaeuser sees Q1 Timberlands
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05:37 EDTWYWeyerhaeuser reports Q4 EPS ex-items 24c, consensus 24c
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February 4, 2016
14:35 EDTWYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Estee Lauder (EL), consensus $1.11... CME Group (CME), consensus 90c... Tyson Foods (TSN), consensus 89c... Weyerhaeuser (WY), consensus 24c.

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