Over the past quarter alone, institutional players have bought up to $1.6 billion worth of Weyerhaeuser stock, a clear sign of confidence in this lumber producer and trader in the United States ...
Weyerhaeuser is a specialty REIT that grows timber and produces forest products and pulp. Analyst Spencer Liberman says lower lumber and oriented strand board prices weighed on Weyerhaeuser’s ...
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Atlanta, GA, September 8--Georgia-Pacific has sold three lumber mills to closely held Allegheny Wood Products Inc. for an undisclosed amount as it shifts its focus from hardwood lumber.
"This sale will allow Weyerhaeuser to focus on its core North American softwood lumber business, while strengthening its balance sheet," said Sandy D. McDade, President of Weyerhaeuser Company ...
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