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August 4, 2014
08:47 EDTWYWeyerhaeuser upgraded at DA Davidson
As noted earlier, DA Davidson upgraded Weyerhaeuser to Buy from Neutral. The firm believes that the company's new CEO is implementing necessary changes, and DA Davidson has become more upbeat about the company's acquisition of Longview Timber. Target to $37 from $33.
News For WY From The Last 14 Days
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July 31, 2015
05:38 EDTWYWeyerhaeuser expects slightly lower earnings from Timberlands in Q3
Weyerhaeuser expects slightly lower earnings from the Timberlands segment in the third quarter. In the West, the company expects lower fee harvest volumes, partially offset by higher log sales realizations, as a result of a prolonged fire season. In the South, the company anticipates increased fee harvest volumes offset by seasonally higher silviculture costs. Weyerhaeuser expects higher earnings from the Wood Products segment in the third quarter. The company anticipates seasonally higher sales volumes across most product lines and improved average sales realizations for lumber and oriented strand board. Weyerhaeuser expects significantly higher earnings from the Cellulose Fibers segment in the third quarter primarily due to minimal scheduled maintenance outage days. Additionally, the company anticipates lower average pulp sales realizations, partially offset by increased sales volumes.
05:38 EDTWYWeyerhaeuser says western domestic and export log sales realizations declined
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05:37 EDTWYWeyerhaeuser reports Q2 EPS 26c vs. 47c last year
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