On Wednesday, Shares of Weyerhaeuser Co (NYSE:WY), subtract -0.53% and closed at $30.14 in the last trading session. The last trading range of the stock ranges between $30.06 and $30.51. – Weyerhaeuser Company (WY) recently declared the completion of the sale of North Pacific Paper Company (“NORPAC”), the company’s printing papers business, to an associate of One Rock Capital Partners, LLC. The transaction includes the printing papers mill located in Longview, Wash.
Weyerhaeuser anticipates to use a substantial portion of the after-tax proceeds for the repayment of debt. Terms of the sale were not revealed.
Caterpillar Inc. (NYSE:CAT), dropped -1.15% and closed at $93.35 in the last trading session. The last trading range of the stock ranges between $92.83 and $94.40. The company’s Market capitalization is $54.77 Billion with the total Outstanding Shares of 585.07 million. Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. The companys Construction Industries segment offers backhoe, small wheel, skid steer, multi-terrain, compact track, medium and compact wheel, and track-type loaders; mini, wheel, and track excavators; track-type tractors; and select work tools, motor graders, telehandlers, soil compactors, and pipelayers, in addition to its related parts for the heavy and general construction, rental, mining and quarry, and aggregates markets. Its Resource Industries segment provides electric rope and hydraulic shovels; draglines; drills; highwall and longwall miners; hard rock vehicles; articulated, large mining, and off-highway trucks; large wheel loaders; wheel tractor scrapers; wheel dozers; machinery components; hard rock continuous mining systems; electronics and control systems; and select work tools for use in mining and quarry applications.