Fri, Feb. 13, 4:19 PM
Fri, Feb. 6, 8:27 PM
- U.S. West Coast ports will close this weekend -- 29 of them -- as a nine-month labor slowdown drags on.
- Loading and unloading is suspended, though the Pacific Maritime Association says some activities will continue.
- "In light of ongoing union slowdowns up and down the coast which have brought the ports almost to a standstill, PMA member companies finally have concluded that they will no longer continue to pay workers premium pay for diminished productivity," the PMA says.
- For the union's part: "Closing down the ports over the weekend is a crazy way to do business because it’s hurting customers and adding to the already serious congestion crisis that the industry has created."
- It's the first time contract talks have led to a West Coast shutdown since 2002.
- A 10-day lockout back then cost the U.S. economy $1B/day; the same thing today likely costs over $2B/day.
- Companies noting the impact of a slowdown/shutdown in their reports, or which would likely be affected: (WY -1.8%); (TSN -0.6%); (UNP -0.8%); (LULU -1.3%); (WMT +0.1%); (ANN +3.2%); (M); (KSS +2.3%); (RL -2.1%); (CRI +2.2%)
Fri, Jan. 30, 5:25 AM
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Wed, Jan. 7, 8:03 AM
Oct. 31, 2014, 5:32 AM
Oct. 30, 2014, 5:30 PM
Oct. 16, 2014, 7:24 AM
Aug. 27, 2014, 7:27 AM
- The company's 430-acre campus in Federal Way, WA "is costly and too large for our needs," says CEO Doyle Simons, who also adds the move to Seattle will give Weyerhaeuser (NYSE:WY) access to a larger talent pool.
- The move - expected to take place in 2016 - will be to a new development in Seattle's Pioneer Square district, and the Federal Way land and buildings will be sold.
- Press release
Aug. 14, 2014, 8:34 AM| 1 Comment
Aug. 14, 2014, 12:26 AM
Aug. 1, 2014, 5:56 AM
Jul. 31, 2014, 5:30 PM
Jul. 24, 2014, 3:21 PM
- Weyerhaeuser (WY -0.5%) and DuPont Pioneer announce a technology license agreement to advance seed technologies.
- "The agreement brings together agricultural and forestry know-how to sustainably improve crop productivity for corn growers around the world ... The manufactured seed technology allows for the storage, nourishment, planting and germination of cells capable of growing into a plant."
- Source: Press Release
Jul. 19, 2014, 8:25 AM
- The derivatives research team at UBS lists six companies on which investors should not use an option strategy, as it expects near-term catalysts to drive the stocks higher.
- Abercrombie & Fitch (NYSE:ANF): UBS cites continuing share repurchases, leaner inventory and improving fashion offerings as possible catalysts.
- Air Products (NYSE:APD): Don't overwrite or hedge the stock for 60 days, UBS says, as it sees activist investors becoming more aggressive in the name over the next two months.
- PetSmart (NASDAQ:PETM): Activist pressure to unlock value has stepped up, and the company is talking with Wall Street banks for possible strategies.
- Tesla (NASDAQ:TSLA): The UBS team says the possibility of a Gigafactory announcement could boost the stock, which has long been volatile.
- Teva Pharma (NYSE:TEVA): It is well positioned to take advantage of the high number of branded drugs going off-patent in coming years, and there's no way UBS is hedging the stock with M&A rampant in the sector.
- Weyerhaeuser (NYSE:WY): UBS expects volatility after it completes a corporate structural change, and an expected capital allocation announcement could prove to be a catalyst.
Jul. 7, 2014, 12:26 PM| Comment!
WY vs. ETF Alternatives
Weyerhaeuser Co is a real estate investment trust. It is a private owner of timberlands. The Company owns or controls nearly seven million acres of timberlandsin the U.S., and managesadditional timberlands under long-term licenses in Canada.
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