Industry News, Printers News

Weyerhaeuser Reports 3Q 2014 Results

Completed divestiture of homebuilding business with nearly $1 billion gain

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Weyerhaeuser Company reported third quarter net earnings to common shareholders of $1,153 million, or $2.15 per diluted share, on net sales from continuing operations of $1.9 billion. This compares with net earnings of $157 million, or 27 cents per diluted share, on net sales from continuing operations of $1.9 billion for the same period last year. Third quarter earnings include $966 million from discontinued operations related to the divestiture of Weyerhaeuser Real Estate Company and $9 mil...

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