The nation’s large private landowner – Plum Creek Timber (NYSE:PCL) – took the initial step towards completing the sale of an estimated 130,000 acres of Montana forestlands last week. In the first step of a three phase plan, the company received…
The nation’s large private landowner – Plum Creek Timber (NYSE:PCL) – took the initial step towards completing the sale of an estimated 130,000 acres of Montana forestlands last week. In the first step of a three phase plan, the company received…
That’s one of the conclusions from this report that ran online at Forbes.com a few weeks ago titled Cut Down Portfolio Risk With Timber. I had fully expected the author, Robert Stammers, to be a shill for an organization tied to the…
On Monday, Plum Creek Timber Company (NYSE:PCL) reported a 17 percent increase in third quarter earnings to $69 million on revenues of $414 million compared to year-ago earnings of $59 million on revenues of $407 million. At 40 cents a…
In the midst of a mounting avalanche of bad economic news, I thought it worth singling out one company with strong ties to the land that continues to shine. Earlier this month, Caterpillar announced that it was paying a quarterly dividend…
Earlier today Florida’s largest private landowner, The St. Joe Company, announced the cancellation of a major transaction: 67,365 acres for more than $130 million ($1,929 per acre). The St. Joe Company (NYSE: JOE) today said that the previously announced contract for…
Whether you own a quarter-acre urban lot or a 40,000-acre ranch, your love of the land comes from the moment you pick up a handful of ground and watch the dirt fall through your fingers, knowing that it’s yours–all yours.…