Archive for July, 2009

IP profit falls; co. says worst of slowdown over (AP)

Thursday, July 30th, 2009

International Paper Co. on Thursday reported a 40 percent drop in second-quarter profit but said the worst of the global recession appears to be over and that demand is steadying.

Earnings Preview: Tough 2Q seen for Weyerhaeuser (AP)

Thursday, July 30th, 2009

Weyerhaeuser Co. reports earnings for the second quarter on Friday. The following is a summary of key developments and analyst opinion related to the period.

Weyerhaeuser’s 2008 Sustainability Performance Available Online (Business Wire)

Wednesday, July 29th, 2009

FEDERAL WAY, Wash.—-Weyerhaeuser Company today announced its 2008 sustainability performance results are available online at http://www.wy.com/sustainability. Weyerhaeuser uses an online reporting method that provides comprehensive, searchable access to its sustainability performance annually.

Merillat Awards ‘The Good Life’ Music Video and Contest Winner With $30,000 Kitchen Makeover (PR Newswire)

Wednesday, July 29th, 2009

On July 28, 2009, Merillat cabinetry awarded Amy Driehorst of Temperance, Mich., with a grand prize ,000 Kitchen Makeover as part of Merillat’s Good Life video contest.

Deltic Announces Preliminary Second Quarter 2009 Results (Business Wire)

Wednesday, July 29th, 2009

EL DORADO, Ark.—-Deltic Timber Corporation : DELTIC TIMBER CORPORATION CONSOLIDATED FINANCIAL DATA SUMMARY SECOND QUARTER 2009 2008 Net sales $ 29,121,000 35,551,000 Net income 972,000 2,424,000 Earnings per common share Basic 0.08 0.19 Assuming dilution 0.08 0.19 Average shares outstanding 12,437,634 12,452,642 YEAR-TO-DATE 2009 2008 Net sales $ 51,983,000 63,373,000 Net income 2,056,000 Earnings per common share Basic 0.17 Assuming dilution 0.16 Average shares outstanding 12,425,963 12,432,999

Trex 2nd-quarter profit rises 14 percent (AP)

Wednesday, July 29th, 2009

Decking and fencing company Trex Co. said Wednesday its second-quarter profit rose 14 percent, beating Wall Street’s prediction, but added that it expects lower sales in the third quarter.

Pope Resources Reports Second Quarter Loss of $693,000 (Business Wire)

Wednesday, July 29th, 2009

POULSBO, Wash.—-Pope Resources reported a net loss attributable to unitholders of 3,000, or {content}.16 per diluted ownership unit, on revenue of .7 million for the second quarter ended June 30, 2009.

AERT Manufactured ChoiceDek Named in Best Outdoor Decking Article in August Issue of Family Circle Magazine (GlobeNewswire)

Wednesday, July 29th, 2009

Trex Company Reports Second-Quarter-2009 Net Sales of $91.5 Million and EPS of $0.49 (Business Wire)

Wednesday, July 29th, 2009

WINCHESTER, Va.—-Trex Company, Inc. , manufacturer and distributor of Trex® decking, railing, fencing and trim, today announced financial results for the second quarter ended June 30, 2009.

Universal Forest Products Inc. (UFPI): Zacks Rank Buy (Zacks.com)

Wednesday, July 29th, 2009