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Weyerhaeuser up 115%
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October 12, 1999: 11:19 a.m. ET
Strong sales help paper and wood products company stand tall
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NEW YORK (CNNfn) - Strong sales helped paper and wood products maker Weyerhaeuser Co. splinter Wall Street's earning expectations Tuesday.
The company reported third-quarter net earnings of $237 million, or $1.18 per share, easily topping First Call's estimate of 95 cents per share.
The latest quarter's results were an increase of 115 percent from $110 million, or 56 cents per share, earned in the year-ago period. Sales rose to $3.1 billion from $2.7 billion.
Shares of Federal Way, Wash.-based Weyerhaeuser (WY) were up 3-11/16 to 62-1/2 in Tuesday morning trading. 
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Weyerhaeuser
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