PCH News and Press, PotlatchDeltic Corporation From 06/08/22

Chicago lumber futures fell as low as $568.40 per 1,000 board feet on Wednesday to the cheapest since September, according to Bloomberg, as higher interest rates and soaring home prices begin to take a toll on home sales. July lumber (LB1:COM) settled at $573 per 1,000 board feet, extending t...

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PotlatchDeltic (NASDAQ:PCH) announced $131M investment to expand and modernize its Waldo sawmill located in Columbia County, Arkansas which will reduce the mill's operating costs significantly. The project will increase the mill's annual capacity from 190M board feet ...

PotlatchDeltic Corporation (Nasdaq: PCH) today announced that it is investing $131 million to expand and modernize its Waldo sawmill located in Columbia County, Arkansas. The project will increase the mill’s annual capacity from 190 million board feet of dimensional lumber to app...

Following their best week since November 2020, U.S. equity markets slipped this past week as China's apparent emergence from COVID lockdown lifted global benchmark interest rates and commodities prices. Persistently elevated energy prices - the 'fuel' of stagflation - remain the most ...

PotlatchDeltic Corporation (Nasdaq: PCH) announced today Eric J. Cremers, president and chief executive officer and Jerald W. Richards, vice president and chief financial officer, will provide a company overview to investors at the REITweek Conference in New York, June 8, 2022 at approx...

Lumber futures have fallen to levels not seen since November, in a stark reversal from all-time highs set last year during the COVID-fueled homebuilding boom. Chicago lumber futures (LB1:COM) for July delivery fell on Wednesday by the exchange maximum $49, or -7.5% to $604.50 per 1,000 board ...

Potlatch (NASDAQ:PCH) has declared $0.44/share quarterly dividend, in line with previous. Payable June 30; for shareholders of record June 3; ex-div June 2. See PCH Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Potlatch goes ex dividend tomorrow ...

Timber REITs, PCH and CTT, are merging. This article discusses the deal and potential opportunities. The merger has opened up a minor arbitrage play. For further details see: PotlatchDeltic Merger With CatchMark Analysis: Overpaid But Maybe An Arbitrage Opportunity

Cutting some of the gains they posted during last week's rebound, the major U.S. equity averages posted modest losses on Tuesday. The decline followed a choppy session, with investors searching for signs as to what will happen next on Wall Street. Despite the overall uncertainty, China-based ...