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Weyerhaeuser Co (WY.N)

WY.N on New York Stock Exchange

33.71USD
2:53pm EDT
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$0.20 (+0.60%)
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Latest Key Developments (Source: Significant Developments)

Weyerhaeuser enters into senior unsecured revolving credit facility agreement
Friday, 10 Mar 2017 05:27pm EST 

Weyerhaeuser Co : Weyerhaeuser - on March 6, 2017 co entered into a $1.5 billion, five year senior unsecured revolving credit facility agreement - SEC filing . Weyerhaeuser Co - senior unsecured revolving credit facility will expire in march 2022 - SEC filing . Weyerhaeuser - revolving credit facility agreement replaces co’s prior $1.0 billion revolving credit facility agreement, dated as of September 11, 2013 .Weyerhaeuser - prior credit facility agreement would have expired in Sept 2018, was terminated at effective time of revolving credit facility agreement.  Full Article

Weyerhaeuser says on track to complete Western Avo process by mid-2017
Monday, 6 Mar 2017 06:31pm EST 

Weyerhaeuser Co : Weyerhaeuser Co says on track to achieve $125 million run-rate merger cost synergy target by 2017 Q1 .Weyerhaeuser Co says on track to complete Western Avo process by mid-2017.  Full Article

Weyerhaeuser to explore strategic alternatives for its Uruguay Timberlands, manufacturing business
Wednesday, 12 Oct 2016 06:30am EDT 

Weyerhaeuser Co : Weyerhaeuser to explore strategic alternatives for its Uruguay timberlands and manufacturing business . Says company intends to consider a broad range of alternatives, including continuing to hold and operate business, or a sale . Weyerhaeuser Co - intends to consider a broad range of alternatives, including continuing to hold and operate business, or a sale .Says review of Uruguay operations does not guarantee that company will pursue a transaction.  Full Article

Weyerhaeuser to sell printing paper business to One Rock Capital Partners
Wednesday, 5 Oct 2016 01:10am EDT 

Weyerhaeuser Co : Expects to use a substantial portion of after-tax proceeds from transaction for repayment of debt . Agreement to sell north pacific paper company , co's printing papers business, to one Rock Capital Partners, LLC . Terms of transaction were not disclosed .Deal includes printing papers mill located in longview, wash. Co has operated business through JV with Nippon Paper Industries.  Full Article

U.S. DOJ concludes review of International Paper's acquisition of Weyerhaeuser pulp business
Friday, 5 Aug 2016 10:00am EDT 

International Paper Co : U.S. Department of Justice concludes review of International Paper's acquisition of Weyerhaeuser pulp business . Regulatory reviews in other non-U.S. jurisdictions are ongoing .Completion of transaction is expected to occur in Q4 of 2016..  Full Article

Weyerhaeuser Q2 earnings per share $0.21
Friday, 5 Aug 2016 03:05am EDT 

Weyerhaeuser Co : Weyerhaeuser reports second quarter results . Q2 sales $1.7 billion versus i/b/e/s view $1.9 billion . Q2 earnings per share $0.17 excluding items . Q2 earnings per share $0.21 . Q2 earnings per share view $0.22 -- Thomson Reuters I/B/E/S . Anticipates slightly lower earnings and adjusted ebitda from timberlands segment in q3 . Expects significantly higher earnings and adjusted ebitda from wood products segment in q3 .Expect significantly higher earnings and adjusted ebitda in second half 2016 for real estate, natural resources, energy segment.  Full Article

Weyerhaeuser to close Columbia Falls lumber and plywood mill
Wednesday, 22 Jun 2016 05:30pm EDT 

Weyerhaeuser Co : Weyerhaeuser to close columbia falls lumber mill and plywood mill . Will permanently close its lumber mill and plywood mill in columbia falls, montana , in late august or early september . Weyerhaeuser co says approximately 100 positions will be eliminated as a result of mill closures . Approximately 100 positions will be eliminated as a result of mill closures. . Will continue to operate three mills in montana . Weyerhaeuser co says after mill closures and office moves, weyerhaeuser expects to employ about 550 people in montana . Company also plans to close its main office in columbia falls at end of year .Closures due to decision to move corporate positions that do not support manufacturing in montana to weyerhaeuser's seattle headquarters.  Full Article

Weyerhaeuser to sell liquid packaging business to Nippon for $285 mln in cash
Wednesday, 15 Jun 2016 08:17pm EDT 

Weyerhaeuser Co : Expects to use a substantial portion of estimated $225 million after-tax proceeds for repayment of debt . Transaction includes one mill located in Longview, Wash., with an annual capacity of 280,000 tons . Transaction creates significant value for Weyerhaeuser shareholders . Weyerhaeuser liquid packaging board mill and Nippon Paper Industries will continue to operate separately until transaction closes .Weyerhaeuser to sell liquid packaging board business to Nippon Paper Industries for $285 million in cash.  Full Article

Nippon Paper has agreed to acquire paper cup and carton business of Weyerhaeuser - Nikkei
Wednesday, 15 Jun 2016 01:12pm EDT 

: Nippon Paper Industries has agreed to acquire paper cup and carton business of Weyerhaeuser in a deal valued at about 30 bln yen ($283 mln)- Nikkei . Nippon Paper will establish unit by Sept end, buying Weyerhaeuser's facilities in Washington State, sales offices in Japan, U.S. And South Korea - Nikkei .Nippon Paper will also take on about 500 employees - Nikkei.  Full Article

Weyerhaeuser Q1 earnings per share $0.11
Friday, 6 May 2016 03:13am EDT 

Weyerhaeuser Co : Weyerhaeuser reports first quarter results . Q1 earnings per share $0.11 . Q1 sales $1.8 billion versus I/B/E/S view $1.9 billion . Q1 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.24 excluding items . Says anticipates comparable earnings and higher adjusted ebitda from Timberlands segment in Q2 . Expects to use a substantial portion of $1.6 billion after-tax proceeds from sale of Cellulose Fibers Mills for repayment of loans . Weyerhaeuser reports first quarter results . Expects higher earnings and adjusted ebitda from Cellulose Fibers segment in Q2 . Says expects significantly higher earnings and adjusted ebitda from wood products segment in Q2 . Expects comparable earnings and adjusted ebitda from real estate, energy and natural resources segment in Q2. .In Q2, non-cash depletion and amortization charges will also be higher due to increased basis associated with acquisition accounting.  Full Article

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BRIEF-Weyerhaeuser enters into senior unsecured revolving credit facility agreement

* Weyerhaeuser - on March 6, 2017 co entered into a $1.5 billion, five year senior unsecured revolving credit facility agreement - SEC filing