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Forestweb
U.S. Forest Products Stock Index Declines 41% Year-Over-Year
February 15th, 2009
The U.S. Forest Products Stock Index of the 27 largest forest company stocks fell 41.16% to 50.59 from the same period a year ago, as reported at market's closing by Forestweb, the leading independent provider of business intelligence for the forest products sector, which includes timberlands, pulp and paper, packaging and wood products. Among the most active stocks in the Forestweb iiStock Index is Smurfit- Stone Container Corp. (SSCC) at $.04, nearly a 100% drop from a year ago. Temple-Inland (TIN) fell 74% from a year ago to $4.46, and International Paper (IP) saw its stock price fall to $10.73, or a 66% year-over-year change. Many analysts agree...
Source: Pharma Investments, Ventures & Law Weekly (2009-02-15)
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