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There is some controversy over the management of Plum Creek's timberland, mostly from environmental groups who decry the recent move from Plum Creek as a timber management company into a developer of its land, taking advantage of the much more profitable land values that have occurred for undeveloped land in the late 1990s until the crash in real estate prices.
22546. Website. www.weyerhaeuser.com. The Weyerhaeuser Company ( / ˈwɛərhaʊzər / WAIR-how-zər) is an American timberland company which owns nearly 12,400,000 acres (19,400 sq mi; 50,000 km 2) of timberlands in the U.S., and manages an additional 14,000,000 acres (22,000 sq mi; 57,000 km 2) of timberlands under long-term licenses in Canada ...
The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the financial crisis of 2007–2009. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average. The bear market was confirmed in June 2008 when the Dow Jones Industrial Average ...
A previously announced common stock issue from Plum Creek Timber now has a price tag. The company revealed that the 12.1 million shares it is floating in the underwritten public offering are to be ...
Plum Creek Timber will release its quarterly report on Monday, and thanks to the rebound in the housing market over the past year, makers of wood products for home construction have benefited from ...
Plum Creek Timber released Q4 and 2012 results that showed marked improvements in both revenue and profitability. The quarter's revenue was $354 million, and the company netted $79 million ($0.49 ...
The NYSE Composite outperformed the Dow Jones Industrial Average, the Nasdaq Composite, and the S&P 500 in 2004, 2005, and 2006 [3] and closed above the 10,000 level for the first time on June 1, 2007. The NYSE Composite set a closing high of 10,311.61 on October 31, 2007, but failed to pass the intra-day high of 10,387.17 it reached in trading ...
Plum Creek CEO to Speak at 2013 NAREIT Investor Forum SEATTLE--(BUSINESS WIRE)-- Plum Creek Timber Company, Inc. (NYS: PCL) today announced that Rick Holley, chief executive officer, will present ...