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Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak
Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak

Yahoo

time29-05-2025

  • Business
  • Yahoo

Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak

Argus analyst Marie Ferguson maintained a Hold rating on Weyerhaeuser Company (NYSE:WY) on May 28, citing the company's challenges in the current economic environment, with no price target provided. Ferguson's remarks suggest that Weyerhaeuser's profits are directly related to the new-housing market, which has tanked due to high borrowing costs and a weak economy. The increase in existing home sales has only made the oversupply situation worse, which was caused by the slowdown in development over the past two years. Although a return to positive yearly earnings growth is possible this year, analysts at Argus predict that any improvement will be evaluated against a low starting point. The housing market is expected to remain weak for the majority of 2025, trailing behind the broader economic recovery. Given this, Argus predicts that Weyerhaeuser Company (NYSE:WY) might not establish a solid foundation until 2026. One of the biggest private owners of timberlands in North America, Weyerhaeuser Company (NYSE:WY) is a US-based REIT that manages around 10.4 million acres in the United States alone, with additional properties in Canada under long-term licenses. While we acknowledge the potential of WY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WY and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None.

Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak
Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak

Yahoo

time29-05-2025

  • Business
  • Yahoo

Weyerhaeuser Stock Rated Hold by Argus as Housing Sector Remains Weak

Argus analyst Marie Ferguson maintained a Hold rating on Weyerhaeuser Company (NYSE:WY) on May 28, citing the company's challenges in the current economic environment, with no price target provided. Ferguson's remarks suggest that Weyerhaeuser's profits are directly related to the new-housing market, which has tanked due to high borrowing costs and a weak economy. The increase in existing home sales has only made the oversupply situation worse, which was caused by the slowdown in development over the past two years. Although a return to positive yearly earnings growth is possible this year, analysts at Argus predict that any improvement will be evaluated against a low starting point. The housing market is expected to remain weak for the majority of 2025, trailing behind the broader economic recovery. Given this, Argus predicts that Weyerhaeuser Company (NYSE:WY) might not establish a solid foundation until 2026. One of the biggest private owners of timberlands in North America, Weyerhaeuser Company (NYSE:WY) is a US-based REIT that manages around 10.4 million acres in the United States alone, with additional properties in Canada under long-term licenses. While we acknowledge the potential of WY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WY and that has 100x upside potential, check out our report about the cheapest AI stock. Read More: and Disclosure: None.

ICE Agents Are Camped Outside Immigration Courts to Make Arrests
ICE Agents Are Camped Outside Immigration Courts to Make Arrests

The Intercept

time21-05-2025

  • Politics
  • The Intercept

ICE Agents Are Camped Outside Immigration Courts to Make Arrests

Agents from U.S. Immigration and Customs Enforcement have begun waiting outside immigration courts in federal buildings across the country to arrest people immediately after judges dismiss their immigration cases. The ICE tactic appears to be a shift aimed at increasing the pace of deportations. At New York's Varick Immigration Court, ICE agents on Wednesday began checking the documents of everyone who left, according to a source present who spoke on the condition of anonymity for fear of professional retaliation. The court is under the jurisdiction of the Department of Justice's Executive Office for Immigration Review. 'They are indeed checking individuals off lists and attempting to detain them once they leave court,' they said. According to the source, ICE detained at least two people after they left the courtroom. In a statement to The Intercept, ICE said it issued guidance in January permitting its officers to conduct operations near courthouses 'discreetly' and that doing so was in the interest of public safety. 'Arrests of illegal aliens in courthouses is safer for law enforcement and the general public because these criminals have gone through security and been verified as unarmed,' ICE spokesperson Marie Ferguson said in a statement to The Intercept. 'ICE will make thoughtful decisions in each case and do whatever is most likely to keep the American people safe.' 'They're basically circumventing due process.' Camille Mackler — founder and executive director of Immigrant Arc, a group of legal advocates working on immigration issues — said she'd heard that ICE was conducting targeted operations in several jurisdictions across New York and other states, including Maryland, Arizona, California, Texas, and Illinois. Reports began circulating on social media on Tuesday that ICE had begun efforts to get cases dismissed that had been pending for less than two years so that the agency could immediately apprehend immigrants and force them into an expedited removal process — effectively side-stepping the typical immigration court process. 'They're moving to end those cases so they can move forward with a more aggressive form of deportation without the requirement to see a judge or request asylum,' Mackler said. 'They're basically circumventing due process.' On Tuesday, immigration advocates said they saw ICE agents at immigration courts in Los Angeles detaining people after their cases were dismissed. 'There were two ICE officers inside the courtrooms who would notify the officers sitting in the hallway when a case was dismissed,' Lindsay Toczylowski, co-founder of legal advocacy group Immigrant Defenders Law Center, wrote on BlueSky. A day after President Donald Trump's inauguration, the Department of Homeland Security issued a guidance allowing ICE officers to conduct arrests at 'protected' areas, including courthouses. This reversed a Biden-era directive that limited arrests at sensitive locations. According to the guidance, officers must first receive approval from ICE's Office of the Principal Legal Advisor to conduct arrests at courthouses. The guidance also instructs ICE to arrest people 'discreetly' at non-public areas of the courts and to use the 'non-public entrances and exits.' Read Our Complete Coverage

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