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Stock Market & Financial Investment News

News Breaks
April 25, 2014
05:42 EDTWYWeyerhaeuser reports Q1 EPS ex-items 26c, consensus 24c
Reports Q1 revenue $1.98B, consensus $2.08B. Average selling prices for Western logs improved across export and domestic markets. Western fee harvest volumes increased to capitalize on robust export markets, and unit logging costs fell due to higher volume and improved efficiencies. In the South, silviculture costs declined seasonally and average log price realizations improved slightly. These improvements were partially offset by lower Southern fee harvest volumes due to wet weather. Q1 included earnings of $4M from dispositions of non-strategic timberlands, a decrease of $16M compared with Q4.
News For WY From The Last 14 Days
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October 9, 2014
17:03 EDTWYBlueLinx announces distribution agreement with Weyerhaeuser
BlueLinx (BXC) announced a new distribution agreement with Weyerhaeuser (WY) to become a distributor of their engineered wood products, including Trus JoistŪ TJI, TimberStrand LSL, Microllam LVL, Parallam PSL, and TJ Rim board, in their Delta Gulf market effective October 1. The agreement applies to the Delta Gulf market only and does not impact BlueLinx' strategy or approach in other markets. BlueLinx currently operates three facilities in the Delta Gulf market defined as the southern halves of Louisiana, Mississippi, and Alabama along with the panhandle of Florida.

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