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Rayonier 4Q 2011 results: net income down 5% from year ago to $56 million
JACKSONVILLE, FLORIDA, January 25, 2012- Rayonier today reported fourth quarter net income of $56 million, or 45 cents per share, compared to $59 million, or 48 cents per share, in the prior year period. Full year 2011 net income totaled $276 million, or $2.20 per share, compared to $218 million, or $1.79 per share, in 2010.
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