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Weyerhaeuser Co (WY)

WY on New York Consolidated

36.10USD
21 Nov 2017
Change (% chg)

$-0.00 (-0.01%)
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$36.11
Open
$36.20
Day's High
$36.27
Day's Low
$36.05
Volume
1,137,715
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2,801,884
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$36.92
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$29.81

Latest Key Developments (Source: Significant Developments)

Weyerhaeuser says ‍its Board has declared dividend of $0.32 per share
Thursday, 9 Nov 2017 08:15pm EST 

Nov 9 (Reuters) - Weyerhaeuser Co :Weyerhaeuser announces 3.2% dividend increase.Weyerhaeuser Co says ‍its board of directors has declared a dividend of $0.32 per share on common stock of company​.  Full Article

Weyerhaeuser reports Q3 EPS of $0.17
Friday, 27 Oct 2017 03:05am EDT 

Oct 27 (Reuters) - Weyerhaeuser Co :Weyerhaeuser reports third quarter results.Q3 earnings per share $0.17.Q3 sales $1.9 billion versus i/b/e/s view $1.86 billion.Q3 earnings per share view $0.32 -- Thomson Reuters I/B/E/S.Q3 earnings per share $0.34 excluding items.‍Weyerhaeuser expects higher earnings and adjusted EBITDA in Q4 compared with Q3 for Timberlands​.Anticipates full year adjusted EBITDA for the Real Estate, Energy & Natural Resources segment will be approximately $250 million.Expects significantly higher earnings, adjusted EBITDA in Q4 compared with third quarter for Real Estate, Energy & Natural Resources.For Wood Products anticipates fourth quarter earnings and adjusted EBITDA will be comparable to the third quarter.‍Average log sales realizations in Q4 for Timberlands should be comparable to Q3​.In q4 expects modestly higher average sales realizations for lumber, oriented strand board to partially offset by slightly higher western log costs.  Full Article

Weyerhaeuser says now expects to record about $175 mln to $200 mln of additional pre-tax expense primarily in Q3
Wednesday, 13 Sep 2017 05:55pm EDT 

Sept 14 (Reuters) - Weyerhaeuser Co :Weyerhaeuser Co - now expects to record approximately $175 million to $200 million of additional pre-tax expense, primarily in Q3 - SEC filing.Weyerhaeuser Co - in July, co announced it was implementing a solution to address concerns regarding its tji joists with flak jacket protection.Weyerhaeuser Co - recorded a $50 million pre-tax reserve for costs to remediate concerns regarding tji joists with flak jacket protection in Q2.  Full Article

Weyerhaeuser closes lands in certain Western Montana counties due to forest fire danger
Tuesday, 5 Sep 2017 01:51pm EDT 

Sept 5 (Reuters) - Weyerhaeuser Co ::Says its ‍lands in certain counties in Western Montana are closed to public access due to extreme forest fire danger​.  Full Article

Weyerhaeuser reports Q2 earnings per share $0.28
Friday, 28 Jul 2017 03:05am EDT 

July 28 (Reuters) - Weyerhaeuser Co :Weyerhaeuser reports second quarter results.Q2 earnings per share $0.03 from continuing operations.Q2 sales $1.8 billion versus i/b/e/s view $1.83 billion.Q2 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.28 excluding items.Q2 earnings per share $0.28.Weyerhaeuser co says anticipates q3 earnings for wood products before special items and adjusted ebitda will be comparable to q2.Expects q3 earnings before special items and adjusted ebitda will be slightly lower than q2 in timberlands segment.Expects earnings and adjusted ebitda will be significantly higher than q2 for real estate, energy and natural resources unit.Anticipates real estate sales in q3 will be about double q2 levels.  Full Article

Weyerhaeuser issues statement regarding TJI Joists with Flak Jacket protection
Tuesday, 18 Jul 2017 06:57pm EDT 

July 18 (Reuters) - Weyerhaeuser Co :Weyerhaeuser issues statement regarding TJI Joists with flak jacket protection.Halted all production, sales and shipments of product, and is collecting unused product from customers.Weyerhaeuser - customer feedback regarding odor in certain newly constructed homes related to recent formula change to flak jacket coating that included formaldehyde-based resin.Weyerhaeuser - issue is isolated to flak jacket product manufactured after Dec. 1, 2016, and does not affect any of the company's other products.Weyerhaeuser - expects before-tax costs associated with resolving this issue to be about $50-60 million and a reserve will be recorded in Q2 2017.  Full Article

Weyerhaeuser to sell Uruguay timberlands and manufacturing unit
Monday, 5 Jun 2017 05:55am EDT 

June 5 (Reuters) - Weyerhaeuser Co :Weyerhaeuser to sell Uruguay timberlands and manufacturing business to a consortium led by BTG Pactual's Timberland Investment Group for $402.5 million in cash.Weyerhaeuser Co - deal for ‍$402.5 million in cash​.Weyerhaeuser Co - company anticipates it will incur minimal taxes in conjunction with transaction.Weyerhaeuser Co - ‍weyerhaeuser Uruguay and Buyer Consortium will continue to operate separately until transaction closes​.Weyerhaeuser Co - transaction includes over 300,000 acres (120,000 hectares) of timberlands in northeastern and north Central Uruguay.Weyerhaeuser Co - transaction also includes plywood and veneer manufacturing facility, a cogeneration facility, and a seedling nursery.  Full Article

Weyerhaeuser declares dividend on common shares
Thursday, 18 May 2017 08:44pm EDT 

May 18 (Reuters) - Weyerhaeuser Co ::Weyerhaeuser company declares dividend on common shares.Declared a dividend of $0.31 per share on common stock of company.  Full Article

Weyerhaeuser says Q1 earnings per share $0.21
Friday, 28 Apr 2017 03:05am EDT 

April 28 (Reuters) - Weyerhaeuser Co :Weyerhaeuser reports first quarter results.Q1 earnings per share $0.21.Q1 sales $1.7 billion.Q1 earnings per share $0.22 excluding items.Anticipates Q2 earnings and adjusted EBITDA from Timberlands segment will be comparable to Q2 of 2016.Weyerhaeuser expects significantly higher earnings and adjusted EBITDA from Wood Products segment in Q2 compared with Q1.Anticipates Q2 earnings and adjusted EBITDA from Real Estate, Energy & Natural Resources segment will be comparable to Q1.  Full Article

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

BRIEF-Weyerhaeuser says ‍its Board has declared dividend of $0.32 per share

* Weyerhaeuser Co says ‍its board of directors has declared a dividend of $0.32 per share on common stock of company​ Source text for Eikon: Further company coverage: