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Timberlands owner $WY said it has agreed to sell its liquid packaging board business, which includes one mill located in Longview, Wash., to Nippon Paper Industries for $285MM. $WY expects to use a large part of the estimated $225MM after-tax proceeds to repay debt. The transaction is expected to close in 3Q16.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.