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Hardworking arrow News arrow Business arrow Business arrow Weyerhauser: A REIT? (BusinessWeek Online)
Weyerhauser: A REIT? (BusinessWeek Online)
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BusinessWeek Online - Shares of Weyerhaeuser kicked up 5.3%, to 71.93, on Dec. 15 when Franklin Mutual Advisers , which owns a 7.6% stake, filed a letter with the Securities & Exchange Commission urging the company to take action to boost profits and unlock its intrinsic value. The stock hit a new high of 75.32 on Jan. 29 and is still at 75. This leading forest-products company has become a "very attractive play in an otherwise boring industry -- on both fundamental and technical factors," says Dawn Bennett, CEO of Bennett Group Financial Services. ...
Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/bw/20070202/bs_bw/0707b4021097.
 
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