(NEW YORK)Shares of forest and paper products companies could see active trading Friday after an analyst cut his price targets on shares of many of those companies to reflect dimming prospec...READ MORE
(NEW YORK)Declining demand and volatile input costs have led Moody's Investors Service to an overall negative view of the creditworthiness of global paper and forest products companies, one ...READ MORE
(NEW YORK)Shares of timber companies were mostly higher after the Federal Reserve left a key interest rate unchanged. The central bank said Tuesday it was keeping its target for the federal ...READ MORE
(JACKSONVILLE, Fla.)Rayonier Inc. said Tuesday that a New Zealand timberland venture in which it holds a 40 percent stake has decided to sell its real estate assets. The joint venture, Matariki Forest...READ MORE
(NEW YORK)Shares of packaging and paper makers rose Friday as the price of crude oil dipped briefly below $116 per barrel and several companies reported strong quarterly results, enticing in...READ MORE
(JACKSONVILLE, Fla.)Rayonier Inc., which owns real estate and timberland and makes wood and plant fiber products, said Tuesday its second-quarter profit rose 12 percent as strong sales of performance ...READ MORE