DA Davidson Downgrades Weyerhaeuser (WY) to Neutral
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Weyerhaeuser Reports First Quarter Results
May 6, 2016 3:05 AM EDTFEDERAL WAY, Wash., May 6, 2016 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today reported first quarter net earnings to common shareholders of $70 million, or $0.11 per diluted share, on net sales of $1.8 billion. This compares with net earnings of $90 million, or $0.17 per diluted share, on net sales of $1.7 billion for the same period last year.
Excluding after-tax charges of $80 million for special items, the company reported net earnings of... More
