Wednesday, April 7, 2010 as of 11:14 AM ET
Weyerhaeuser is one of the largest pulp and paper companies in the world. It is the world's largest private sector owner of softwood timberland; and the second largest owner of United States timberland, behind Plum Creek Timber.
Read More at Wikipedia ›International Paper Co.
(IP) predicted Thursday its pretax earnings will increase by 38% over the next three years or so, as the company raised its cost reduction goal from the integration of recently acquired cardboard box marker Temple-Inland Inc.International Paper now expects the cost savings from Temple to reach $400 million a year in two years, up from the $300 million forecast previously. More than half of the savings will come from Temple's box operations and reductions in Temple's corporate overhead expenses. The company also forecast that Temple's base sales will increase by $300 million a year, bringing Inland's annual benefit from Temple to about $700 million.International Paper completed the $3.48 billion purchase of the Austin, Texas, company earlier this year. To comply with federal antitrust regulations, International Paper agreed to sell Temple containerboard mills in New Johnsonville, Tenn., and Ontario, Calif., and an IP mill in Hueneme, Calif.International Paper exe...
FBN’s Robert Gray on the company’s efforts to pay shareholders $5.6 billion as part of its transition to a real estate investment trust.
Weyerhaeuser (WY) on Friday reported a net loss of $175 million for the fourth quarter, or 83 cents per share, on net sales of $1.5 billion. In the year-earlier peri...
Third Avenue Management Portfolio Manager Amit Wadhwaney on why he invested in paper suppliers to newspapers because he believes in the future of newspapers.
DOW JONES NEWSWIRESWeyerhaeuser Co.'s (WY) first-quarter earnings fell 59% as margins weakened and as a gain from the sale of assets boosted the forest-products comp...
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Federal investigators are reportedly probing a now-shuttered General Electric (NYSE:GE) subprime lender for possible fraudulent practices conducted in an effort to w...
“All politics is local”–Thomas Phillip “Tip” O’Neill, Jr., Speaker of the House, 1977 to 1987Twelve members of Congress have been tasked with producing legislation t...
Mark Kajita, Baker Boyer Bank senior VP of Wealth Management, on positioning portfolios for growth as Japan begins to rebuild.
Peter Sorrentino, Huntington Funds Senior Portfolio manager, on the market reaction to Japan and which companies he thinks will make good investments when the rebuilding takes place.
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