Weyerhaeuser slashes dividend on earnings warning

Posted by admin on December 21, 2008 under News | Be the First to Comment

Weyerhaeuser slashes dividend on earnings warning
NEW YORK (MarketWatch) — Weyerhaeuser Co. said Friday it's reducing its quarterly dividend to 25 cents a share from 60 cents a share and cutting costs to counteract a business slowdown.

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