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Mercer International Inc. (MERC)

  • Tue, Mar. 10, 5:38 PM
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  • Mar. 28, 2014, 9:12 AM
  • Jun. 7, 2013, 12:06 PM
    Mercer International (MERC -1.3%) says that during this current quarter its Celgar mill took its annual scheduled major maintenance shutdown. However, as a result of a combination of a lightning strike at the mill and equipment and execution issues, the shutdown, which was planned for 11 days, took 15 days instead. Additionally, the company notes that the start-up of the mill was also slower than budgeted, and estimates that the mill's shutdown will shave approximately 11M off its operating income comp for Q2.
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  • Dec. 4, 2012, 1:55 PM
    Mercer International (MERC -3%) slides today after announcing it's filed a universal shelf registration with the SEC, and a shelf prospectus with certain Canadian securities regulators to sell up to $500M of debt securities, common stock, preferred stock and warrants.
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  • Jan. 23, 2012, 1:52 PM
    Mercer (MERC -2.1%) dips following a downgrade to Underperform on valuation at BMO Capital, citing poor pulp fundamentals.
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  • Oct. 13, 2011, 2:41 PM
    Mercer (MERC -8.9%) trades lower after RBC cut the shares to sector perform, citing weakening pulp fundamentals.
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Company Description
Mercer International Inc operates in the pulp business and itsoperations are located in Germany and Western Canada. The Companyproduces market northern bleached softwood kraft, or NBSK, pulp.
Country: Canada