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Weyerhaeuser Co WY

Weyerhaeuser Company is a real estate investment trust. The Company is a private owner of timberlands and owns or controls approximately 10.5 million acres of timberlands in the United States and manages additional timberlands under long-term licenses in Canada. Its segments include Timberlands, Real Estate, Energy and Natural Resources (Real Estate & ENR), and Wood Products. The Timberlands segment includes logs, timber, recreational leases and other products. The Real Estate & ENR segment includes the sales of timberlands and rights to explore for and extract hard minerals, construction materials, natural gas production, wind and solar. The Wood Products include structural lumber, oriented strand board, engineered wood products and building materials distribution. Its products are primarily supplied to the residential, multi-family, repair and remodel, industrial and light commercial markets. The Company operates around 35 manufacturing facilities in the United States and Canada.


NYSE:WY - Post by User

Bullboard Posts
Post by mart33on Mar 20, 2008 6:27pm
310 Views
Post# 14756545

Mad Money

Mad MoneyIn a recent episode of MAd Money, Jim Cramer of "Cramerica" issued a buy on WY. However, when looking behind the motive for the sale of its packaging business to International Paper, keep in mind that Weyerhaeuser has just weathered a fourth quarter loss of 63 million. The sale of assets in order to recoup losses is snot a good sign for anyone thinking about buying WY on Cramers recommendation. I dont really think that the company will be in a rally any time soon considering housing problems, and near zero housing starts in the US.
Bullboard Posts