$DEL (Deltic Timber Corporation)

$DEL {{ '2016-02-19T12:03:54+0000' | timeago}} • Announcement

$DEL said its BoD authorized its management to expand the company's common stock repurchase program by $20MM. This authorization comes as Deltic Timber has now repurchased stock in an amount representing over 90% of its current $60MM program.

$SON {{ '2017-07-19T15:51:17+0000' | timeago}} • Announcement

The BoD of $SON declared a quarterly dividend of $0.39 per share of its common stock. The dividend is payable on Sept. 8, 2017 to shareholders of record as of Aug. 11, 2017.

$SON {{ '2017-07-19T13:48:00+0000' | timeago}} • Announcement

$SON announced that Philippe Guillemot has been named to its BoD. Guillemot is an independent board member and replaces Ed Lawton, who recently resigned for personal reasons.

$WY {{ '2017-07-19T13:20:03+0000' | timeago}} • Announcement

$WY said it is implementing a solution to address concerns regarding its TJI Joists with Flak Jacket Protection product. The recent customer feedback regarding an odor in certain newly constructed homes is related to a recent formula change to the Flak Jacket coating that included formaldehyde-based resin.

$WRK {{ '2017-07-17T20:42:46+0000' | timeago}} • Announcement

$WRK completed its acquisition of the assets of Island Container Corp. and Combined Container Industries LLC, which together are independent producers of corrugated boxes, sheets and point-of-purchase displays.

$SON {{ '2017-07-12T16:55:01+0000' | timeago}} • Announcement

$SON will once again raise prices for paper-based tubes and cores, effective from shipments, beginning July 24, 2017. The company attributed the price hike to "fundamental changes in recovered paper markets."

$ZEUS {{ '2017-06-30T13:49:44+0000' | timeago}} • Announcement

Steel manufacturer $ZEUS said its Chief Information Office Esther Potash has retired, after serving the company for 19 years. Olympic Steel promoted Chris Garrett to the post of VP, IT – Flat Rolled, effective July 1. Garrett will be assuming Potash's former IT responsibilities.

$WY {{ '2017-06-28T20:36:03+0000' | timeago}} • Announcement

$WY plans to voluntarily withdraw its common stock from listing on the Chicago Stock Exchange, but will continue to be listed on the NYSE. This was made to eliminate the costs and duplicative administrative requirements associated with dual listings. The withdrawal is expected to be effective on or about July 20, 2017.

$MAS {{ '2017-06-26T13:21:41+0000' | timeago}} • Announcement

<span style="font-size:12.0pt;line-height:115%;font-family: "Times New Roman","serif"">$MAS said holders of the notes tendered under its previously announced cash tender offers will be eligible to receive the total consideration, including the applicable early tender payment specified in the offer. Holders of the notes will also get accrued interest up to, but not including June 27, 2017, the expected settlement date of the notes.

$SON {{ '2017-06-26T12:30:15+0000' | timeago}} • Announcement

Packaging company $SON has signed a definitive agreement to acquire Clear Lam Packaging, a manufacturer of packaging films, for around $170MM in cash. The deal is part of Sonoco’s strategy of expanding its global flexible packaging and thermoforming plastics operations.

$MAS {{ '2017-06-22T13:49:27+0000' | timeago}} • Announcement

The BoD of $MAS declared a quarterly dividend of $.10 per common share. The dividend is payable on Aug. 14, 2017, to shareholders of record on July 14, 2017.

$WRK {{ '2017-06-21T20:35:32+0000' | timeago}} • Announcement

$WRK has agreed to acquire the assets of Island Container Corp. and Combined Container Industries LLC. $WRK will pay total consideration representing an EBITDA multiple of less than 4.5 times on a post-synergy basis. The consideration will be made in cash. The transaction is subject to customary closing conditions.

$SON {{ '2017-06-19T13:17:19+0000' | timeago}} • Announcement

$SON said it will renew its previously announced April price increase for all paperboard tubes and cores in the United States and Canada. It said the yield on its April hike has not been sufficient to cover rising costs of raw materials.

$SON {{ '2017-06-13T12:37:59+0000' | timeago}} • Announcement

$SON has restated and is implementing a previously announced price increase for all grades of uncoated recycled paperboard (URB) products in the United States and Canada, effective July 10, 2017.

$WRK {{ '2017-06-09T19:00:33+0000' | timeago}} • Announcement

$WRK acquired five corrugated converting facilities in Ohio, Pennsylvania, and Louisiana from US Corrugated. The five facilities will operate as part of $WRK’s Corrugated Packaging segment. The transaction is expected to be accretive to earnings in year one.

$WRK {{ '2017-06-06T15:48:50+0000' | timeago}} • Announcement

$WRK completed acquisition of $MPSX. $WRK refinanced $MPSX debt as part of the transaction.

$WY {{ '2017-06-05T12:23:01+0000' | timeago}} • Announcement

$WY will sell its timberlands and manufacturing business in Uruguay to a consortium led by BTG Pactual's Timberland Investment Group, including other long-term institutional investors, for $402.5MM in cash. The transaction is expected to close in 4Q17.

$RGLD {{ '2017-05-31T17:49:37+0000' | timeago}} • Announcement

$RGLD declared its third quarter dividend of $0.24 per share of common stock. The dividend is payable on July 21, 2017, to shareholders of record at the close of business on July 7, 2017.

$AMWD {{ '2017-05-30T15:56:41+0000' | timeago}} • Webcast

$AMWD expects the rate of promotional spending seen in 2H17 to continue into FY18. In terms of input costs, lumber has continued to be stable and the company expects this to continue going forward. $AMWD has increases built into the outlook for fuel as well as carrier expenses. $AMWD also expects inflation for some purchasing material items.

$AMWD {{ '2017-05-30T15:37:58+0000' | timeago}} • Webcast

$AMWD posted a gross margin of 22.3% in 4Q17, a 200BP improvement over 4Q16. Incremental gross margin was favourable at 49% for 4Q17. For FY17, gross margin was 21.8%, an improvement of 70BP over FY16. Incremental gross margin was strong at 30% for FY17.

$AMWD {{ '2017-05-30T15:33:59+0000' | timeago}} • Webcast

$AMWD grew its dealer channel by 10% in 4Q17 and 13% in FY17. Demand remains strong but it continues to be at a higher price point with a more affluent consumer. The company’s home center business grew at 1% for 4Q17. Going forward, $AMWD expects growth to track closely with the overall home center cabinet business.

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