Equities

America’s Largest Landowner Bucks Down Market

On Monday, Plum Creek Timber Company (NYSE:PCL) reported a 17 percent increase in third quarter earnings to $69 million on revenues of $414 million compared to year-ago earnings of $59 million on revenues of $407 million. At 40 cents a

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Posted in Equities, Eric OKeefe, Feature, News Desk, Topics

CAT Makes It 300 in a Row

In the midst of a mounting avalanche of bad economic news, I thought it worth singling out one company with strong ties to the land that continues to shine. Earlier this month, Caterpillar announced that it was paying a quarterly dividend

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Posted in Equities, Eric OKeefe, Feature, Midwest, News Desk, Regional News, Topics

JOE Nixes $130 Million Sale

Earlier today Florida’s largest private landowner, The St. Joe Company, announced the cancellation of a major transaction: 67,365 acres for more than $130 million ($1,929 per acre).  The St. Joe Company (NYSE: JOE) today said that the previously announced contract for

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Posted in Equities, Eric OKeefe, Feature, News Desk, Recreation, Regional News, Residential Property, South, Timber, Topics

How to Invest in Land (Without Living on It)

Whether you own a quarter-acre urban lot or a 40,000-acre ranch, your love of the land comes from the moment you pick up a handful of ground and watch the dirt fall through your fingers, knowing that it’s yours—all yours.

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Posted in August 2007, Equities, Feature, Magazine, News Desk, Stephen OKeefe

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