JACKSONVILLE, FL (REIT Media) October 23, 2007 - Rayonier (NYSE:RYN) today reported third quarter net income of $71.5 million, or 90 cents per share. This compares to $33.3 million, or 42 cents per share, in second quarter 2007 and $55.1 million, or 70 cents per share, in third quarter 2006.
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Oct.23.2007. 08:00
JACKSONVILLE, FL (REIT Media) October 19, 2007 - Rayonier (NYSE:RYN) announced today that the company
’s Board of Directors has declared a fourth quarter cash dividend of 50 cents per common share. The dividend is payable December 31, 2007, to shareholders of record on December 10, 2007.
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Continue reading Comments (0) Oct.19.2007. 12:14
JACKSONVILLE, FL (REIT Media) October 11, 2007 - Rayonier (NYSE:RYN) today announced pricing of the offering by its wholly owned subsidiary, Rayonier TRS Holdings Inc. ("TRS"), of $250 million aggregate principal amount of senior exchangeable notes due 2012 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will bear interest at a rate of 3.75% per year.
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Continue reading Comments (0) Oct.11.2007. 09:55
JACKSONVILLE, FL (REIT Media) October 9, 2007 - Rayonier (NYSE:RYN) today announced that its wholly owned subsidiary, Rayonier TRS Holdings Inc. ("TRS"), intends to offer, subject to market and other conditions, approximately $250 million aggregate principal amount of senior exchangeable notes due 2012 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
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Continue reading Comments (0) Oct.09.2007. 16:14
SEATTLE, WA (REIT Media) October 4, 2007 - Plum Creek Timber Company, Inc. (NYSE:PCL) today reported the company will record a $4 million non-cash fire loss during the third quarter. An active fire season in western Montana damaged approximately 41,000 acres, or one-half percent, of the company's timberlands. The extreme fire risk in western Montana this season led the company to halt timber operations in the region during August. As a result, sawlog harvest levels were nearly 150,000 tons lower than expected in the company's Northern Resource segment. Salvage operations have begun and the company expects a portion of the standing timber on the land will be salvaged in the coming months.
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Continue reading Comments (0) Oct.04.2007. 16:04
JACKSONVILLE, FL (REIT Media) October 3, 2007 - Rayonier Inc. (NYSE:RYN) plans to release its third quarter 2007 earnings on Tuesday, October 23, 2007, before the market opens.
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Continue reading Comments (0) Oct.03.2007. 14:24
SEATTLE, WA (REIT Media) September 28, 2007 - Plum Creek Timber Company, Inc. (NYSE: PCL) will release its third quarter 2007 earnings on Monday, Oct. 22, 2007, following the stock market close.
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Continue reading Comments (0) Sep.28.2007. 08:30
