Weyerhaeuser Co. (WY) - NYSE
  • Oct. 21, 2013, 4:38 PM
    • Tri Pointe Homes (TPH) spiked before the close to a 6% gain on a Reuters report that the company is in advanced talks to buy Weyerhauser's (WY) homebuilding unit for ~$2.7B.
    • WY, which said in June it was reviewing strategic options for the homebuilding and real estate development unit, is said to be trying to finalize a sale to TPH as soon as in the next two weeks.
    • Taylor Morrison Home (TMHC) and Brookfield Residential Properties (BAM) are among the companies that also have been in talks with Weyerhaeuser about buying the division, according to the report.
    | Oct. 21, 2013, 4:38 PM
  • Oct. 10, 2013, 12:00 AM
    • Weyerhaeuser (WY) declares $0.22/share quarterly dividend.
    • Forward yield 3.12%.
    • Payable Nov. 27; for shareholders of record Nov. 1; ex-div Oct. 30.
    | Oct. 10, 2013, 12:00 AM
  • Sep. 20, 2013, 5:34 PM
    • Weyerhaeuser's (WY) homebuilding division is attracting interest from Brookfield Residential Properties (BRP), the land developer and home builder controlled by Brookfield Asset Management (BAM), WSJ reports.
    • Weyerhaeuser Real Estate Co. executives reportedly have met with bidders to answer questions about its operations; while some bidders are interested in only a portion of the unit, BRP is said to be interested in buying the entire group.
    • BAM's size - $180B in assets - might prove an advantage vs. other interested parties since WY wants to sell the homebuilding division in a reverse Morris trust, a tax-free method of spinning off a division to be merged with an acquirer.
    | Sep. 20, 2013, 5:34 PM | 1 Comment
  • Aug. 23, 2013, 4:30 PM
    • Weyerhaeuser (WY) announces plans to restart production at its Evergreen, Ala., mill after a four-year interruption, as demand for its wood products picks up.
    • WY had shut the mill due to weak demand for wood products in North America as the recession took hold; the Evergreen plant produces headers, joists and beams used in home building.
    | Aug. 23, 2013, 4:30 PM
  • Aug. 20, 2013, 9:07 AM
    • Longbow Research spots value in Weyerhaeuser (WY) after this summer's selloff with the spinoff of its homebuilding unit a near-term catalyst. The team's price target is $34.
    • Previous: Weyerhauser draws interest for its real estate operation.
    • Shares +1.3% premarket.
    | Aug. 20, 2013, 9:07 AM
  • Aug. 15, 2013, 3:11 AM
    • Weyerhaeuser Co. (WY) declares $0.22/share quarterly dividend, 10.0% increase from prior dividend of $0.20.
    • Forward yield 3.17%
    • Payable Sept. 13; for shareholders of record Aug. 30; ex-div Aug. 28.
    | Aug. 15, 2013, 3:11 AM
  • Aug. 14, 2013, 3:26 AM
    • Weyerhaeuser (WY) has reportedly received preliminary expressions of interest for its home-building unit from unnamed suitors. The timber conglomerate said in June that it was evaluating the options for the business, which is valued at over $3B.
    • Most of the biggest house builders in the country are expected to look at buying the operations, attracted by the thousands of lots it owns that are ready or close to ready for construction, especially in California.
    • "It's going to move the needle for most builders," says Florida-based consultant Michael Kahn.
    | Aug. 14, 2013, 3:26 AM
  • Jul. 26, 2013, 7:46 AM

    More on Weyerhaeuser (WY -0.9%) Q2: net profit more than doubles to $196M; excluding special items from the prior year, net profit more than quadruples. Net sales +19.6% to $2.14B, the highest since 2008. Gross margin widens to 22.3% from 15.4% despite an increase in input costs. Revenue breakdown: wood products +36% to $1.08B, Timberlands +22%, cellulose fibers +3.7%. Backlog of homes sold, but not closed, 1,438 units vs 1,033 units a year ago. In Q3, anticipates lower earnings from Wood Products and Timberlands, comparable earnings from Cellulose Fibers, and slightly higher income from single-family homebuilding. (PR)

    | Jul. 26, 2013, 7:46 AM
  • Jul. 26, 2013, 6:11 AM
    Weyerhaeuser (WY): Q2 EPS of $0.35 beats by $0.05. Revenue of $2.1B. (PR)
    | Jul. 26, 2013, 6:11 AM
  • Jul. 26, 2013, 12:05 AM

    Notable earnings before Friday’s open: ABBV, AON, ARLP, B, BPO, CLS, DLR, DRC, DTE, HMSY, HP, KKR, LEA, LEG, LYB, NS, NVE, NWL, SWK, TRP, TYC, VTR, WBC, WETF, WIT, WY

    | Jul. 26, 2013, 12:05 AM | 2 Comments
  • Jul. 25, 2013, 5:30 PM

    Notable earnings before Friday’s open: ABBV, AON, ARLP, B, BPO, CLS, DLR, DRC, DTE, HMSY, HP, KKR, LEA, LEG, LYB, NS, NVE, NWL, SWK, TRP, TYC, VTR, WBC, WETF, WIT, WY

    | Jul. 25, 2013, 5:30 PM
  • Jun. 24, 2013, 3:10 PM

    Goldman assembles a list of 25 dividend favorites with unusually high volatility - meaning put sellers are getting a hefty premium for agreeing to buy the stock at a lower price. Make sure you want the stock first. The strategy works well sometimes and is the proverbial catching a falling knife at others. PFE, BLK, SE, PCL, CL, AEP, SPG, PG, KMI, AVB, CLX, CTL, TWC, LO, T, PM, TWX, NSC, DUK, VZ, WHR, WY, NEE, XOM, SCCO.

    | Jun. 24, 2013, 3:10 PM | 18 Comments
  • Jun. 17, 2013, 7:08 AM

    Weyerhauser (WY) raises cash for its Longview Timber purchase, announcing a 28M share secondary and an offering of 10M mandatory convertible preference shares. The offering price for the convertibles is expected to be $50 each and (unless converted earlier) they will automatically convert into common shares in 3 years. The stock's off 1.1% premarket.

    | Jun. 17, 2013, 7:08 AM
  • Jun. 16, 2013, 3:47 PM

    It's a busy Sunday for Weyerhaeuser (WY): i) Appoints Doyle Simons, former CEO and chairman of Temple-Inland, to replace retiring CEO Dan Fulton. (PR) ii) Acquires 645K acres of high-quality timberlands in Washington and Oregon from Brookfield Asset Management (BAM) for $2.65B, boosting its holdings in the area by 33%. (PR) iii) Says it will explore "strategic alternatives" for WRECO, its homebuilding and real estate development business, including a merger, sale, or spin-off. (PR)

    | Jun. 16, 2013, 3:47 PM
  • May 14, 2013, 8:35 AM

    Weyerhaeuser (WY) moves 1.72% higher premarket after Raymond James upgrades the shares to Strong Buy from Outperform (price target $36).

    | May 14, 2013, 8:35 AM
  • Apr. 26, 2013, 5:49 AM
    Weyerhaeuser (WY): Q1 EPS of $0.26 beats by $0.04. Revenue of $2B beats by $0.13B. (PR)
    | Apr. 26, 2013, 5:49 AM
Company Description
Weyerhaeuser Co. manufactures, distributes and sells forest products. The company operates through the following segments: Timberlands, Wood Products and Cellulose Fibers. The Timberlands segment manages private commercial forestland worldwide. This segment is engaged in growing and harvesting... More
Sector: Financial
Industry: REIT - Industrial
Country: United States