At a Glance
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Weyerhaeuser Co.’s profit from operations more than doubled to $237 million, or $1.18 a share, on a 14% jump in sales to $3.12 billion. The results were well above analysts’ forecasts of 95 cents. Weyerhaeuser also said it would begin a cost-cutting effort designed to generate annual savings of $150 million to $200 million.
