Timber company Weyerhaeuser slashes dividend

Weyerhaeuser selling Warrenton, Ore. lumber mill
Weyerhaeuser Co. says it's selling its Warrenton, Ore., lumber mill to Portland, Ore.-based Hampton Affiliates.

On the Call: Weyerhaeuser executive vice president
Weyerhaeuser Co., one of the largest U.S. timberlands and wood products producers, surprised investors by beating Wall Street's earnings expectations. During a conference call with top...

First Commonwealth slashes dividend
First Commonwealth Financial Corp. on Monday said it cut its quarterly dividend to 3 cents per share, down from a payout of 12 cents per share the previous quarter.

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