Home › Download › WEYERHAEUSER (WY $50.55, Neutral) REAL ESTATE WRITEOFFS TAKEN; HOUSING OUTLOOK REMAINS POOR; LARGER THAN PREVIOUSLY ESTIMATED COST BASIS LEADS TO SMALLER IP GAIN, LOWER TAXES DUE AND HIGHER DEBT REPAYMENT EXPECTATIONS LEADING IN TURN TO LOWER 2008 EARNINGS BUT HIGHER SUBSEQUENT EARNINGS FORECASTS August 8, 2008

WEYERHAEUSER (WY $50.55, Neutral) REAL ESTATE WRITEOFFS TAKEN; HOUSING OUTLOOK REMAINS POOR; LARGER THAN PREVIOUSLY ESTIMATED COST BASIS LEADS TO SMALLER IP GAIN, LOWER TAXES DUE AND HIGHER DEBT REPAYMENT EXPECTATIONS LEADING IN TURN TO LOWER 2008 EARNINGS BUT HIGHER SUBSEQUENT EARNINGS FORECASTS August 8, 2008

WEYERHAEUSER (WY $50.55, Neutral) REAL ESTATE WRITEOFFS TAKEN;
HOUSING OUTLOOK REMAINS POOR; LARGER THAN PREVIOUSLY
ESTIMATED COST BASIS LEADS TO SMALLER IP GAIN, LOWER TAXES DUE
AND HIGHER DEBT REPAYMENT EXPECTATIONS LEADING IN TURN TO
LOWER 2008 EARNINGS BUT HIGHER SUBSEQUENT EARNINGS FORECASTS August 8, 2008