Weyerhaeuser News Releases

Weyerhaeuser Reports Fourth Quarter, Full Year Results

Fri, 03 Feb 2012 00:05:00

Weyerhaeuser Company (NYSE: WY) today reported net earnings of $65 million for the fourth quarter, or 12 cents per diluted share, on net sales from continuing operations of $1.6 billion. This compares with net earnings of $171 million, or 32 cents per diluted share, on net sales from continuing operations of $1.5 billion for the same period last year.

Earnings for the fourth quarter of 2011 include net after-tax charges of $12 million for restructuring and asset impairments....(Read More)

Weyerhaeuser Announces Tax Treatment of Dividend Distributions Made in 2011

Tue, 17 Jan 2012 06:00:00

For shareholders of Weyerhaeuser Company (NYSE: WY), the total dividend distributions made in 2011 per share of Common Stock Cusip 96216610 traded under the symbol WY are to be classified for income tax purposes as Capital Gain Distribution.

The dividends, totaling $.60 per share, were paid quarterly as follows: $0.15 on March 15, 2011; $0.15 on June 1, 2011; $0.15 on Sept. 18, 2011; and $0.15 on Dec. 1, 2011. These dividends are classified for income tax purposes as 100% Capital Gain...(Read More)

Weyerhaeuser to Release Fourth Quarter Earnings on Feb. 3

Wed, 11 Jan 2012 06:00:00

Weyerhaeuser Company (NYSE: WY) will release fourth quarter 2011 results on Feb. 3 before the market opens. The company will hold a live conference call at 7 a.m. Pacific (10 a.m. Eastern) the same day to discuss fourth quarter results.

To access the conference call from within North America, dial 877-296-9413 (access code – 41397589) at least 15 minutes prior to the call. Those calling...(Read More)

Weyerhaeuser Edge Gold™ Flooring Panels Now Stand Up to Rain Even Better

Wed, 11 Jan 2012 06:00:00

Weyerhaeuser has added another feature to its premium Edge Gold™ flooring panels to further enhance the panels’ resistance to rain and moisture. The company’s new proprietary Down Pore™ self-draining technology channels water from the panels’ surfaces and drains it off the joists below. Along with Weyerhaeuser’s high-performance edge seal, this helps reduce construction delays for contractors during inclement weather.

The patent-pending Down Pore self-draining technology consists...(Read More)