All Posts Tagged With: "WY"
(IP) International Paper and Temple-Inland Extend Review Time
The International Paper (IP) – Temple-Inland (TIN) merger has been delayed as both parties have agreed to extend the U.S. Department of...
(MWV) MeadWestvaco Impacted by Weak Demand
MeadWestvaco Corporation (MWV) announced that it expects pre-tax income from its business segments (before Corporate and other) in the range of $150 to $160 million for the fourth quarter...
(IP) Temple-Inland Shareholders Nod to International Paper Merger
The International Paper (IP) – Temple-Inland (TIN) merger has been approved by more than 98% of Temple’s shareholders. This clears...
(MWV) MeadWestvaco Builds New Boiler
MeadWestvaco Corporation (MWV) recently announced its plan to invest $285 million for building a new state-of-the-art biomass boiler and upgrading the power infrastructure associated with it at its Covington,...
(WY) Weyerhaeuser to Sell Hardwood Unit
Weyerhaeuser Company (WY) recently entered into an agreement to sell its hardwood and industrial products division to American Industrial Partners. Financial terms of the transaction were not disclosed.
The...
(SHW) U.S. Used Home Sales – Prices Fall
In May, Existing Home Sales ran at a seasonally adjusted annual rate of 4.81 million. That pace is 3.1% lower than in April, and 15.3% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit. The April sales rate was...
(IP) Temple-Inland Responds to International Paper Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN)...
(IP) Temple-Inland Responds to IP Bid
To ward off International Paper Co’s (IP) offer of $3.3 billion or $30.60 per share in cash made earlier this week, Temple-Inland Inc. (TIN)...
(AFL) Company News for May 31, 2011 – Corporate Summary
• Marvell Technology Group Ltd. (NASDAQ:MRVL) reported first quarter fiscal 2012 adjusted earnings per share of 24 cents, 2 cents shy of the Zacks Consensus Estimate of 26 cents. Despite the miss, shares increased...
(SHW) Used Home Sales Down – Inventories Up
In April, Existing Home Sales ran at a seasonally adjusted annual rate of 5.05 million. That pace is 0.8% lower than in March, and 12.9% below the year-ago rate. The year-ago numbers were somewhat inflated due to the end of the homebuyer tax credit.
The April sales...
(MWV) Mixed Results for MeadWestvaco
MeadWestvaco Corporation (MWV) delivered adjusted EPS of 43 cents in its first quarter of 2011, significantly beating the Zacks Consensus Estimate of 23 cents per share and more than three times the EPS of...
(SHW) U.S. Home Reseale Report Better than Expected
In March, Existing Home Sales ran at a seasonally adjusted annual rate of 5.10 million. That pace is 3.7% higher than in February, but 6.3% below the year-ago rate. The March sales rate was above consensus expectations of a 5.00 million annual rate. February was revised up...
(A) Stock Market News for March 7, 2011 – Market News
Crude prices soared to more than $104 per barrel, the highest level since September 2008, following continued tension in Libya and dragged the markets lower on Friday. Not only did surging crude prices erase most of the gains for the week, it also negated the positive sentiment...
(SHW) Existing Home Sales Rise – Analyst Blog
In January, existing home sales ran at a seasonally adjusted annual rate of 5.36 million. That pace is 2.7% higher than in December, and 5.3% above the year-ago rate.
The year-ago rate of 5.09 million was depressed as everyone was rushing to get the deals done in November...
(SHW) U.S. Existing Home Sales Rise
In December, existing home sales ran at a seasonally adjusted annual rate of 5.28 million. That pace is 12.3% higher than in November, but 2.9% below the year-ago rate. The year-ago rate of 5.44 million was inflated as everyone was rushing to get the deals done before they...
(SHW) U.S. Used Home Sales Rise in October
In November, existing home sales ran at a seasonally adjusted annual rate of 4.68 million. That pace is 5.6% higher than in October, and 27.9% below the year-ago rate. The year-ago rate of 6.49 million was inflated as everyone was rushing to get the deals...
(SHW) U.S. Pre-Existing Home Sales Fall in October 2010
In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they...
(WMT) Case-Schiller Index Shows Home Prices Falling Again
Home prices are falling again. This morning, the Case-Schiller Index data for August (actually a three month average of June, July and August) was released. For the month, on a seasonally adjusted basis, the composite 10 city index (C-10) fell 0.17% while...
(AAPL) Stock Market News for October 29, 2010 – Market News
Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.’s downbeat earnings and its tepid full-year outlook wiped off market’s initial advance that was fueled by a surprise...
(BRKB) Housing Starts Surge – Analyst Blog
Housing Starts surged in August, but the good news is probably better toasted with Miller than with Moet. Total housing starts rose 10.5% to an annualized rate of 598,000, well ahead of consensus expectations of just 550,000. However, that was from July starts...
(WY) Weyerhaeuser’s Announces 324 Million Share Special Dividend
Weyerhaeuser Co. (WY) announced that it will be issuing approximately 324 million shares as part of its dividend payment to shareholders of record as of July 22. The distribution, based on an average closing...
(WY) Weyerhaeuser First Quarter 2010
Impressive first quarter results and robust second quarter guidance resulted in overall positive sentiments for Weyerhaeuser Co. (WY) following its earnings release on April 29, 2010. The company expects...
(SHW) Good News, Bad News For U.S. Existing Home Sales
In April, existing home sales rose a greater-than-expected 7.6% to a seasonally adjusted annual rate of 5.77 million. That is up 22.8% from the 4.70 million rate of a year ago.
The expectations were for a rate of 5.65 million, and the March numbers were revised slightly...
(WY) Weyerhaeuser Reports Earnings Loss – Shows Improvement
Weyerhaeuser Company’s (WY) first quarter net loss was $20 million compared with a net loss of $264 million in the year-ago quarter. Reported net loss per share was 10 cents compared with a net loss per share...
(DHI) National Association Of Homebuilder’s Index Drops
The National Association Of Homebuilders sentiment index fell to 15 in March from 17 in February. While the index is well off its record low of 8 set back in January 2009, it remains very depressed. The index is set up so any reading below 50 indicates contraction, and the...
(PCL) Timberland Stocks: Why It’s Time to Knock on Wood for Profits
If you’re not following the money into timberland stocks, you should. Here’s why…
- Timberland has outperformed the S&P 500 since 1910.
- In recent history, timber has outperformed the market significantly. Since 1987, the NCREIF Timberland Index...
12Mar2010 | InvestmentU | 0 comments | Continued
($MSFT) Institute for Supply Management’s Survey Shows Manufacturing Dips but Still Strong
The Institute for Supply Management’s (ISM) manufacturing survey slipped to a reading of 56.5 from 58.4 in January, a drop of 1.9 points and below the 58.0 reading that was expected. However, anything over 50 indicates that the manufacturing
1Mar2010 | vitalstocks | 0 comments | Continued(WY) Weyerhaeuser Company’s Earnings Miss Expectations
Weyerhaeuser Company (WY) reported a net loss of $109 million or 52 cents per share for the fourth quarter of 2009, compared to a net loss of $209 million or 99 cents in the same quarter of 2008. However, the...
(MWV) MeadWestvaco Misses Earnings Expectations
MeadWestvaco Corp. (MWV) reported fourth-quarter 2009 results before the opening bell today. The company swung to a GAAP net profit from continuing operations of $51 million from a GAAP net loss of $16 million...
(WY) Institute for Supply Management’s Manufacturing Index Rises
The Institute for Supply Management’s survey of manufacturing purchasing managers was stronger than expected in December, coming in at 55.9 — up from 53.6 in November and better than the consensus expectations for a rise to 54.3. The ISM index is constructed from 10...