Plum Creek Timber Company Inc. (NYSE: PCL) today announced fourth quarter earnings of $68 million, or $0.39 per share, on revenues of $428 million. Fourth quarter earnings include $2 million after-tax, or $0.01 per diluted share of insurance recoveries related to the fire at the medium density fiberboard (MDF) plant in Montana earlier in the year [...]
Plum Creek Timber Company Inc. (NYSE:PCL) today announced the tax treatment for dividend distributions made in 2014 on its Common Stock. Plum Creeks total 2014 dividend distribution of $1.76 per share is classified for income tax purposes as Capital Gain Distributions primarily because the income generated by the sale of Plum Creeks timber is [...]
Plum Creek Timber Company Inc. (NYSE:PCL) will release its fourth quarter 2014 earnings on Monday, January 26, 2015, following the stock market close. The company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) the same day to discuss these results. Rick Holley, chief executive officer, will lead this call. A live webcast [...]
Plum Creek Timber Company Inc. (NYSE: PCL) today announced a quarterly cash dividend of $0.44 per share. The dividend is payable on November 26, 2014, to shareholders of record as of November 14, 2014. Plum Creeks dividend is expected to be characterized as long-term capital gain income primarily because the income generated by the sale of Plum [...]
Plum Creek Timber Company Inc. (NYSE:PCL) today announced third quarter earnings of $61 million, or $0.34 per diluted share, on revenues of $375 million. Third quarter earnings include a $3 million, or $0.02 per diluted share, after-tax gain from insurance recoveries related to the fire at the MDF plant in Montana earlier in the year. Earnings [...]
Plum Creek Timber Company Inc. (NYSE: PCL) announced today it has reached an agreement to sell approximately 165,000 acres of Montana and Washington forestland to The Nature Conservancy (TNC) for $134 million. The sale is part of an effort to unite the checkerboard land ownership patterns of these lands. The agreement includes timberlands located [...]
Plum Creek Timber Company Inc. (NYSE: PCL) will release its third quarter 2014 earnings on Monday, October 27, 2014, following the stock market close. The company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) the same day to discuss these results. Rick Holley, chief executive officer, will lead this call. A live webcast [...]
Plum Creek Timber Company Inc. (NYSE:PCL) today announced that David Lambert, senior vice president and chief financial officer, will speak at the RBC Capital Markets Industrials Conference in Las Vegas, NV on September 9, 2014, at approximately 10:20 a.m. Pacific time. A live audio webcast of the event will be accessible from Plum Creeks [...]
Plum Creek Timber Company Inc. (NYSE:PCL) today announced a quarterly cash dividend of $0.44 per share. The dividend is payable on August 29, 2014, to shareholders of record as of August 15, 2014. Plum Creeks dividend is expected to be characterized as long-term capital gain income primarily because the income generated by the sale of Plum [...]
Plum Creek Timber Company Inc. (NYSE: PCL) today announced second quarter earnings of $55 million, or $0.31 per diluted share, on revenues of $356 million. Earnings for the second quarter of 2013 were $46 million, or $0.28 per diluted share, on revenues of $303 million. Earnings for the first six months of 2014 were $85 million, or $0.47 per [...]
Plum Creek Timber Company Inc. (NYSE:PCL) announced today that production resumed this week at its Medium Density Fiberboard (MDF) facility in Columbia Falls, Mont. following a fire that occurred on June 10. The No. 2 production line, which makes between 1/10th- ½-inch continuous-press fiberboard, restarted June 30 and the company began shipping [...]
Plum Creek Timber Company Inc. (NYSE:PCL) will release its second quarter 2014 earnings on Monday, July 28, 2014, following the stock market close. The company will host a conference call at 5:00 p.m. Eastern (2:00 p.m. Pacific) the same day to discuss these results. Rick Holley, chief executive officer, will lead this call. A live webcast of [...]