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United States

Weyerhaeuser Co (WY)

WY on New York Consolidated

32.72USD
9 Dec 2016
Change (% chg)

$-0.06 (-0.18%)
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Latest Key Developments (Source: Significant Developments)

Weyerhaeuser reports Q3 earnings of 30 cents a share
Friday, 28 Oct 2016 03:05am EDT 

Weyerhaeuser Co : Weyerhaeuser reports third quarter results . Q3 earnings per share $0.30 . Q3 sales $1.7 billion versus i/b/e/s view $1.71 billion . Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S . Q3 earnings per share $0.23 excluding items . Anticipates modestly higher earnings and adjusted EBITDA from Timberlands segment in q4 . Expects seasonally lower earnings and adjusted EBITDA from wood products segment in q4 .Financial statements do not include Plum Creek financial results for any period prior to February 19, 2016 merger date.  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

Weyerhaeuser Co to sell Cellulose Fibers pulp mills to International Paper for $2.2 billion in cash
Monday, 2 May 2016 08:00am EDT 

Weyerhaeuser Co:To sell Cellulose Fibers pulp mills to International Paper for $2.2 billion in cash.Expects to use a substantial portion of the estimated $1.6 billion after-tax proceeds for repayment of term loans issued in conjunction with the company's previously announced $2.5 billion share repurchase program.Transaction expected to close in the fourth quarter of 2016.  Full Article

Weyerhaeuser Co declares dividend on common shares
Wednesday, 14 Oct 2015 06:21pm EDT 

Weyerhaeuser Co:Declared a dividend of $0.31 per share on the Common Stock of the company, payable in cash on November 20, 2015 to holders of record of such common shares at the close of business on October 30, 2015.  Full Article

Weyerhaeuser increases dividend by 6.9 pct and authorizes new $500 million share repurchase program
Thursday, 27 Aug 2015 08:14pm EDT 

Weyerhaeuser Co:Increases dividend by 6.9% and authorizes new $500 million share repurchase program.Sets quarterly dividend of $0.31 per share.  Full Article

BRIEF-Weyerhaeuser reports Q3 earnings of 30 cents a share

* Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S