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Soleil downgraded Potash Corporation Of Saskatchewan Inc. from Hold to Sell.
Dec 18 · 1:19:00 PM
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by Rich Pike
JP MorganAllegheny Technologies Incorporated from Underweight to Neutral.
Dec 18 · 12:43:00 PM
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by Rich Pike
KeyBanc Capital MktsPactiv Corporation from Hold to Buy.
Dec 17 · 8:46:00 PM
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by Rich Pike
BB&T Capital Mkts initiated coverage for Westlake Chemical Corporation with a recommendation of Hold.
Dec 17 · 8:44:00 PM
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by Rich Pike
KeyBanc Capital Mkts initiated coverage for INTREPID POTASH INC with a recommendation of Hold.
Dec 17 · 8:31:00 PM
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by Rich Pike
Weyerhaeuser Company Tuesday said it will convert to a real estate investment trust (REIT)structure, saying the conversion will position it to be more competitive in its timberlands business.
Analysts say the move to a REIT will cut Weyerhaeuser's tax burden and give its investors higher returns. The company would still trade on an exchange and would be required to pay out most income to shareholders.
Dec 15 · 10:29:00 AM · Source: Company News
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by Larry Etter
Weyerhaeuser Company Tuesday said its board of directors has approved amendments to the company's articles of incorporation to eliminate the company's classified board structure and remove existing super majority voting provisions. The board will ask shareholders to approve these amendments at Weyerhaeuser's annual shareholder meeting in April 2010. It will take a 66 2/3 percent favorable vote of the outstanding shares to approve the amendments. Shareholders will receive information on these proposals in the 2010 proxy statement to be mailed in February.
Dec 15 · 10:26:00 AM · Source: Company News
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by Larry Etter
Boise Cascade Holdings Friday said it posted earnings of $26.2 million, up from a year-earlier loss of $207.6 million. The company said the latest quarter's results included $28.2 million of non-cash income associated with its equity investment in Boise, a paper-products maker, while the prior year had a $208.1 million write-down related to the investment. Sales dropped 20% to $579 million.
Nov 13 · 11:58:00 AM · Source: Company News
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by Larry Etter
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