Comment on Earnings: Weyerhaeuser Co.'s 4th-quarter loss balloons

Earnings: Weyerhaeuser Co.'s 4th-quarter loss balloons

Weyerhaeuser Co. said Friday its fourth-quarter loss ballooned to more than $1 billion as the rapidly deteriorating U.S. housing market forced the timber and wood products company to book a massive charge and write down other assets.

 

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