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Fly News Breaks for January 7, 2020
Jan 7, 2020 | 08:30 EDT
Raymond James analyst Collins Mings upgraded the timber REIT sector to Overweight from Market Weight, saying he believes the stage is set for the REITs to continue to outperform the broader REIT universe in early 2020.
News For PCH;WY;RYN;CTT From the Last 2 Days
Jul 22, 2021 | 17:00 EDT
The company stated, "PotlatchDeltic announced changes to public access to its Idaho timberlands. Due to severe fire danger in the region, effective immediately and until further notice, all public use of PotlatchDeltic privately-owned timberlands for recreation is suspended. The extreme fire season and continued dry conditions in Idaho are stressing available firefighting resources and risking public safety, property, and impacting wildlife. As a result, PotlatchDeltic has taken the unusual step of closing public access to its ownership areas, including the use of PotlatchDeltic roads and walk-in access. Leased campsites must be vacated before August 1, 2021. The temporary closure is permitted under the access terms in the Idaho Department of Fish and Game's Large Tracts Program. Several other area landowners who participate in the Program have also recently suspended access due to the excessive fire danger. PotlatchDeltic continues to believe that managing our lands and allowing others to enjoy them are not mutually exclusive and that the majority of our lands should be available to the public for a wide range of uses. We look forward to removing the Idaho closure once fire conditions have abated. PotlatchDeltic urges all visitors to Idaho's forests to exercise extreme caution in regards to fire while recreating this summer."