Earnings: Weyerhaeuser Co.'s 4th-quarter Loss Balloons

By MIKE OBEL / THE ASSOCIATED PRESS, Seattle Post-Intelligencer: Business
Fri, 02/06/2009 - 11:54am

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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Topics:  weyerhaeuser co   u.s    loss   

 

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