Weyerhaeuser (WY): "The continued housing slump and a weaker pulp market will result in...

|About: Weyerhaeuser Co. (WY)|By:, SA News Editor
Weyerhaeuser (WY): "The continued housing slump and a weaker pulp market will result in significantly lower than expected Q4 earnings." Expects challenging market conditions to continue through 2009. Reduces quarterly dividend to $0.25 from $0.60. Approves $250M share buyback. (PR)