83 on the Nasdaq, while those of Packaging Corp

may sell containerboard unit

canada goose coats (Recasts, adds details, analyst comment, updates share price) canada goose coats

By Euan Rocha

Canada Goose Outlet NEW YORK, May 4 (Reuters) Weyerhaeuser Co. Canada Goose Outlet

canada goose uk outlet The No. timber and forest products company by sales said it is contemplating a sale or link up of its containerboard, packaging and recycling business. canada goose uk outlet

canada goose Weyerhaeuser shares rose $4.95 or 6.3 percent to $83.10 in midday trade on the New York Stock Exchange. canada goose

canada goose clearance potential sale or spin off of the Weyerhaeuser containerboard business is another big step towards a period https://www.cheapcanadagoose.net canada goose outlet canada goose outlet factory of significant containerboard consolidation, said Morgan Stanley analyst Edings Thibault in a note to investors. canada goose clearance

Canada Goose Online believe that large sale canada look what i found goose outlet belgium consolidation in the containerboard industry is a strategic imperative because such a move will improve the canada goose outlet edmonton odds that producers can boost prices and margins on a sustainable basis, he added. Canada Goose Online

The potential consolidation in the containerboard industry is a big positive for shareholders of Smurfit Stone Corp.

Canada Goose Jackets Shares of Smurfit Stone were up 6 percent at $12.83 on the Nasdaq, while those of Packaging Corp. were up 2 percent to $26 on the New canada goose outlet real York Stock canada goose outlet eu Exchange. Canada Goose Jackets

cheap canada goose uk MIXED RESULTS Weyerhaeuser reported a strong first canada goose outlet niagara falls quarter profit, but this canada goose outlet miami was driven mainly by canada goose outlet in montreal a gain of $756 million, or $3.22 a share, from asset sales. cheap canada goose uk

The Federal Way, Washington based company said net income was $755 million, or $3.22 a share, compared with a net loss of canada goose outlet england $576 million, or $2.34 a share, in the year ago quarter.

canada goose uk shop Excluding items, the company earned $48 million, or 20 cents per share, canada goose outlet washington dc in the first quarter of 2007. canada goose uk shop

canada goose coats on sale Analysts, on average, had looked for earnings of 33 cents a share, according to Reuters Estimates. canada goose coats on sale

In August of last year, Weyerhaeuser agreed to merge its fine paper business with canada goose outlet locations in toronto Domtar Corp.

Canada Goose Coats On Sale Weyerhaeuser has been cutting jobs, selling businesses and closing mills as part of a restructuring canada goose outlet store uk effort to deal with high energy costs and sluggish demand. Canada Goose Coats On Sale

Canada Goose online Quarterly revenue fell to $3.89 billion from $4.45 billion. Canada Goose online

Sales from the company wood products segment plunged almost canada goose jacket outlet 30 percent to $1.47 billion from $2.07 billion a year ago. housing downturn and has shut down and curtailed operations at several operations because of weak demand for wood.

Canada Goose sale we look to the second quarter, we see continued challenges in many of our markets, especially in wood products where we expect to canada goose outlet winnipeg see a weaker than normal increase in seasonal demand, said Chief Executive Steven Rogel in a statement. Canada Goose sale

On a sequential basis, Weyerhaeuser said canada goose jacket outlet uk it also expects slightly lower goose outlet canada earnings from its timberlands segment in the second quarter as log supplies increase seasonally and housing starts remain weak.

canada goose clearance sale Sales of nonstrategic timberlands will be lower in the second quarter due canada goose parka outlet to the timing of transaction closings, said the company in a statement. canada goose clearance sale

canada goose black friday sale earnings in our timberlands segment are anticipated to be slightly lower than the first quarter of 2007, said Patricia Bedient, Weyerhaeuser chief financial officer, on a conference call. canada goose black friday sale

our real estate operations, we expect to deliver canada goose outlet store new york approximately the same number of homes in the second quarter canada goose kensington parka uk as we did in the canada goose outlet michigan first quarter of 2007. with margins continuing to be under competitive pressure, we expect earnings from our single family home building operations in the second quarter to trend lower, said Bedient.

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