Forest Products

MeadWestvaco Corporation (MWV) announced that it has agreed to sell its Envelope Products Group to Stamford, Connecticut-based leading graphic communications company Cenveo Inc. (CVO). The sale is expected to close by the end of 2010. The Envelope Products Group commands a leading position and...

MeadWestvaco Corporation (MWV) announced that it has agreed to sell its Envelope Products Group to Stamford, Connecticut-based leading graphic communications company Cenveo Inc. (CVO). The sale is expected to close by the end of 2010. The Envelope Products Group commands a leading position and...

In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they thought the first-time...

In October, existing home sales ran at a seasonally adjusted annual rate of 4.43 million. That pace is 2.2% lower than in September, and 25.9% below the year-ago rate. The year-ago rate of 5.98 million was inflated as everyone was rushing to get the deals done before they thought the first-time...

Louisiana-Pacific Corporation (LPX) showed a narrower loss of $12 million or 9 cents per share (adjusted) in the third quarter of 2010 compared with $13 million or 12 cents per share in the same quarter of prior year and the Zacks Consensus Estimate of 11 cents per share. This was attributable to...

The Financial Select Sector SPDR Fund (XLF) lost about 0.8% after gaining in the earlier five trading sessions. However, shares of Bank of America Corp (NYSE: BAC) moved up about 1.2%. Shares of Radian Group (NYSE: RDN) dipped about 11.2% after the company announced its plans to offer convertible...

Louisiana-Pacific Corporation (NYSE: LPX) reported today results for the third quarter of 2010, which included the following: Total sales for the third quarter of $323 million were up 4 percent versus a year ago. Loss from continuing operations of $31 million, or $0.23 per diluted share....

Weyerhaeuser Co. (WY) reported its financial results for the third quarter of 2010. Adjusted net income in the quarter was $81 million, or 25 cents per share, compared with a net loss of $56 million, or 26 cents per share in the corresponding quarter of 2009. Earnings per share (EPS) surpassed...

Stocks had a mixed day on Thursday as investors weighed mixed earnings reports and a possible announcement from the Federal Reserve to buy bonds. 3M Co.'s downbeat earnings and its tepid full-year outlook wiped off market's initial advance that was fueled by a surprise drop in initial claims. The...

Pope Resources (NASDAQ: POPE) announced today a quarterly distribution of 25 cents per unit, effective for unitholders of record on November 30, 2010 and payable on December 15, 2010.

Pope Resources (NASDAQ: POPE) reported net income attributable to unitholders of $1.1 million, or $0.22 per diluted ownership unit, on revenue of $8.6 million for the third quarter ended September 30, 2010. This compares to net income attributable to unitholders of $920,000, or $0.20 per diluted...

Weyerhaeuser Company (NYSE: WY) today reported net earnings of $1.116 billion for the third quarter, or $3.50 per diluted share, on net sales of $1.7 billion. This compares with essentially break-even results on net sales of $1.4 billion for the same period last year. Earnings for the third...

Chevron Corp (NYSE: CVX) is expected to report its Q3 EPS at $2.16 on $49.48 billion in revenue. Pepco Holdings Inc (NYSE: POM) is forecast to report its Q3 earnings at $0.38 per share. Constellation Energy Group Inc (NYSE: CEG) may report its Q3 earnings at $0.64 per share on revenue of $4.03...

Unconfirmed Rumors that Weyerhaeuser Co. (WY) may be eyeing Buckeye Technologies Inc. (BKI) at $24.00 a share..