Weyerhaeuser (WY) to Acquire Longview Timber in $2.65B Deal
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Scotia Capital Upgrades Weyerhaeuser (WY) to Sector Perform
June 18, 2013 9:35 AM EDTScotia Capital upgraded Weyerhaeuser (NYSE: WY) from Underperform to Sector Perform.
For an analyst ratings summary and ratings history on Weyerhaeuser click here. For more ratings news on Weyerhaeuser click here.
Shares of Weyerhaeuser closed at $28.66 yesterday, with a 52 week range of $20.12-$33.24.... More
S&P Lowers Outlook on Weyerhaeuser (WY) to Negative; Affirms Ratings
June 17, 2013 2:57 PM EDTStandard & Poor's Ratings Services today said it revised its outlook on Weyerhaeuser Co. (NYSE: WY) to negative from stable. At the same time, we affirmed the ratings on Weyerhaeuser, including the 'BBB-' corporate credit rating.
"The outlook revision on Weyerhaeuser Co. follows the company's announcement that it intends to acquire 645,000 acres of timberlands for $2.65 billion, said Standard & Poor's credit analyst Tobias Crabtree. "Although we expect the acquisition to be funded with a... More
