Archive for July, 2009
Weyerhaeuser posts wider 2Q loss on weak demand (AP)
Friday, July 31st, 2009Timber and wood products company Weyerhaeuser Co. said Friday its second-quarter loss widened as the slumping housing market suppressed demand for its building supplies.
Trex Company Settles Class Action Lawsuit (Business Wire)
Friday, July 31st, 2009WINCHESTER, Va.—-Trex Company, Inc. , the nation’s leading manufacturer and distributor of wood alternative decking, railing, fencing and trim, announced today that it has entered into a Settlement Agreement that will resolve a class action suit filed in California by a group of plaintiffs’ class action law firms alleging certain product defects.
Weyerhaeuser Company Q2 2009 Earnings Call Transcript (at Seeking Alpha)
Friday, July 31st, 2009On the Call: Weyerhaeuser executive vice president (AP)
Friday, July 31st, 2009Weyerhaeuser Co., one of the largest U.S. timberlands and wood products producers, surprised investors by beating Wall Street’s earnings expectations. During a conference call with top management, officials said a big part of their ability to top analyst estimates was the “increased sales of non-strategic lands.”
Weyerhaeuser posts smaller-than-expected loss (Reuters)
Friday, July 31st, 2009Farrell: It Feels Good, But… (at CNBC)
Friday, July 31st, 2009Finding Value in Lumber (RealMoney by TheStreet.com)
Friday, July 31st, 2009Plum Creek and Deltic are safe plays on a turn in the housing market.
Weyerhaeuser reports wider second-quarter loss (at MarketWatch)
Friday, July 31st, 2009Weyerhaeuser Reports 2nd Quarter Loss (Business Wire)
Friday, July 31st, 2009FEDERAL WAY, Wash.—-Weyerhaeuser Company today reported a net loss of 6 million for the second quarter, or {content}.50 per share, on net sales from continuing operations of .4 billion.