Mercer International Inc. (MERC) Q4 2024 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q4 2024 Earnings Conference Call February 21, 2025 10:00 AM ET Company Participants Richard Short - Chief Financial Officer and Secretary Juan Carlos Bueno - President and Chief Executive Officer Conference Call Participants Sean Steuart - TD Cowen Matthew McKellar - RBC Capital Markets Hamir Patel - CIBC Capital Markets Sanford Burns - Stifel Nicolaus Cole Hathorn - Jefferies Operator Good morning, and welcome to Mercer International's Fourth Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer; and Richard Short, Mercer's Chief Financial Officer and Secretary.
- 02/21/2025
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Mercer International Inc. Reports Fourth Quarter 2024 and Year End 2024 Results and Announces Quarterly Cash Dividend of $0.075
- Selected Highlights Fourth quarter Operating EBITDA* increased to $99.2 million (net income of $16.7 million) from $50.5 million (net loss of $17.6 million) in the third quarter of 2024 Full year 2024 Operating EBITDA increased to $243.7 million (net loss of $85.1 million) from $17.5 million (net loss of $242.1 million) in 2023 Refinanced our former 2026 Senior Notes, extending the maturity of our earliest senior notes to 2028, and decreased our long-term debt by over $100.0 million using cash on hand Quarterly cash dividend of $0.075 per share NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported fourth quarter 2024 Operating EBITDA of $99.2 million, an increase from $21.1 million in the same quarter of 2023 and $50.5 million in the third quarter of 2024. In the fourth quarter of 2024, net income was $16.7 million ($0.25 per share) compared to a net loss of $87.2 million (negative $1.31 per share) in the fourth quarter of 2023 and a net loss of $17.6 million (negative $0.26 per share) in the third quarter of 2024.
- 02/20/2025
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Mercer International Inc. Announces Conference Call for Fourth Quarter 2024 Results
- NEW YORK, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2024 on Thursday, February 20, 2025, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 21, 2025, at 10:00 am ET to discuss the results.
- 01/21/2025
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Mercer International Inc. to Present at Upcoming CIBC Investor Conference
- NEW YORK, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference:
- 01/13/2025
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Mercer International: Knock On Wood, This Will Likely Be A Winner
- Mercer International Inc. (MERC) is undervalued, trading near its 5-year low, with strong fundamentals and a solid cash position, making it a buy. MERC's market leadership in timber panels and pulp, coupled with recovering construction activity and ESG efforts, supports a 20% CAGR in timber sales until 2028. Insider buying at prices below $6 indicates confidence in MERC's future, projecting a potential 26.9% return on investment by 2025.
- 12/26/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/27/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK CITY, NY / ACCESSWIRE / November 26, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/26/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK CITY, NY / ACCESSWIRE / November 22, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/22/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/20/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK , Nov. 18, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ: MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/18/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 16, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/16/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 14, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/14/2024
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Mercer Near Rock Bottom: Is This High-Yield Play Set to Soar?
- Mercer International NASDAQ: MERC is an enticing stock for small-cap investors. It pays a quarterly dividend worth 4.55% in annualized yield and trades at rock-bottom prices in late 2024.
- 11/14/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK CITY, NY / ACCESSWIRE / November 12, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/12/2024
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Wall Street's Most Accurate Analysts Weigh In On 3 Materials Stocks With Over 4% Dividend Yields
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 11/11/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK , Nov. 10, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ: MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/10/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 8, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/08/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 6, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/06/2024
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MERC ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Mercer International Inc.
- NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 11/05/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/04/2024
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Lost Money on Mercer International Inc.(MERC)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
- NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 11/04/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK , Nov. 2, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ: MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 11/02/2024
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Mercer International Inc. (MERC) Q3 2024 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Richard Short - Chief Financial Officer, Executive Vice President and Secretary Juan Carlos Bueno - President and Chief Executive Officer Conference Call Participants Sean Steuart - TD Cowen Matthew McKellar - RBC Capital Markets Cole Hathorn - Jefferies CJ Baldoni - Principal Global Investors Operator Good morning and welcome to Mercer International's Third Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer; and Richard Short, Mercer's Chief Financial Officer and Secretary.
- 11/01/2024
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Shareholders that lost money on Mercer International Inc. (MERC) should contact Levi & Korsinsky about Securities Fraud Investigation - MERC
- NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 11/01/2024
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Mercer International Inc. Reports Third Quarter 2024 Results and Announces Quarterly Cash Dividend of $0.075
- Selected Highlights Third quarter Operating EBITDA* increased by 35% to $50.5 million (net loss of $17.6 million) from $37.5 million (net loss of $26.0 million) in the same quarter of 2023 Continued strength in softwood pulp markets Pulp volumes in the third quarter impacted by unplanned downtime Quarterly cash dividend of $0.075 per share NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported third quarter 2024 Operating EBITDA of $50.5 million, an increase from $37.5 million in the same quarter of 2023 and $30.4 million in the prior quarter of 2024. In the third quarter of 2024, net loss was $17.6 million ($0.26 per share) compared to a net loss of $26.0 million ($0.39 per share) in the third quarter of 2023 and a net loss of $67.6 million ($1.01 per share) in the second quarter of 2024, which included a non-cash impairment of $34.3 million ($0.51 per share) against goodwill related to the Torgau facility.
- 10/31/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 10/31/2024
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Levi & Korsinsky Reminds Shareholders of an Investigation into Mercer International Inc. (MERC) Regarding Potential Securities Fraud Allegations
- NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 10/31/2024
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Mercer International Inc. Completes Private Add-On Offering of $200,000,000 of 2028 Senior Notes
- NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "Additional Notes").
- 10/30/2024
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Mercer International Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - MERC
- NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 10/29/2024
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Mercer International Inc. Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - MERC
- NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 10/29/2024
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Mercer International Inc. Announces Pricing of Private Add-On Offering of Senior Notes
- NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "Additional Notes").
- 10/23/2024
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Levi & Korsinsky Announces an Investigation on Behalf of Mercer International Inc. (MERC) Shareholders Who May Have Been Affected by Fraud
- NEW YORK, NY / ACCESSWIRE / October 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Mercer International Inc. ("Mercer International Inc.") (NASDAQ:MERC) concerning possible violations of federal securities laws. On October 16, 2024, Mercer issued a press release announcing its preliminary financial results for the third quarter of 2024.
- 10/22/2024
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Mercer International Inc. - MERC
- NEW YORK, NY / ACCESSWIRE / October 21, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Mercer International Inc. ("Mercer" or the "Company") (NASDAQ:MERC). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
- 10/21/2024
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Mercer International Inc. Announces Proposed Add-On Offering of $200 Million of Senior Notes Due 2028 in Private Offering and Redemption of 5.500% Senior Notes Due 2026
- NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $200 million in aggregate principal amount of its senior notes due October 1, 2028 (the "Additional Notes"). The Additional Notes will be issued as additional notes under an existing indenture dated September 21, 2023, pursuant to which the Company previously issued $200.0 million aggregate principal of 12.875% senior notes due 2028 (the "Existing Notes").
- 10/21/2024
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Mercer International Inc. Announces Preliminary Results for the Third Quarter of 2024 and Earnings Conference Call Details
- NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the “Company” or “Mercer”) today reported its preliminary financial results for the third quarter of 2024.
- 10/16/2024
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Wall Street's Most Accurate Analysts Spotlight On 3 Materials Stocks Delivering High-Dividend Yields
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 10/10/2024
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Mercer Suspends Operations at Its Peace River Mill Till Mid-October
- MERC expects NBHK production at its Peace River mill to decrease by 45,000 tons due to downtime for repairs.
- 09/26/2024
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Mercer Announces Downtime at its Peace River Mill
- NEW YORK, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) announced today that its Peace River mill has taken downtime to complete necessary repairs to the mill's digester after experiencing a mechanical failure. The Company currently expects the repairs and related assessments will be completed in mid-October 2024, and anticipates that NBHK production at the mill will be reduced by approximately 45,000 tonnes during such period. The Company maintains property and business interruption insurance for the Peace River mill and expects the repairs and business interruption will be covered by such insurance, subject to customary deductibles and limits.
- 09/25/2024
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Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks With Over 4% Dividend Yields
- During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
- 09/25/2024
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Mercer: Compelling Buy, With Strong Insider Buying And Favorable Price Action
- Despite a 50% share price decline since May, Mercer International's strong liquidity, manageable debt, and insider buying activity present a compelling buying opportunity. Operational challenges include downtimes and reduced sales in Europe, however, the $37 million reduction in its revolving credit facilities and positive cash flow are encouraging. Key insider buying activity during the panic selloff reflects management's confidence in a turnaround, reinforcing my positive outlook on the stock.
- 09/22/2024
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Executives Buying Mercer International And 2 Other Stocks
- Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.
- 09/17/2024
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Mercer International Inc. to Present at Upcoming Jefferies 2024 Industrials Conference
- NEW YORK, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and CEO, will be presenting at the following upcoming conference:
- 08/22/2024
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Mercer International Inc. (MERC) Q2 2024 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q2 2024 Earnings Conference Call August 9, 2024 10:00 AM ET Company Participants Richard Short - CFO & Secretary Juan Carlos Bueno - President & CEO Conference Call Participants Hamir Patel - CIBC Brandon Hole - CIFC Asset Management Kasia Kopytek - TD Cowen Operator Good morning, and welcome to Mercer International's Second Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, President and Chief Executive Officer of Mercer International; and Robert Short, CFO and Secretary.
- 08/09/2024
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Mercer International Inc. Reports Second Quarter and First Half 2024 Results and Announces Quarterly Cash Dividend of $0.075
- Selected Highlights Second quarter Operating EBITDA* of $30.4 million and net loss of $67.6 million Strengthened pulp markets drive improvement in operating cash flows and liquidity Quarterly cash dividend of $0.075 per share NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2024 Operating EBITDA of $30.4 million, an increase from negative Operating EBITDA of $68.7 million in the same quarter of 2023 and a decrease from Operating EBITDA of $63.6 million in the first quarter of 2024. In the second quarter of 2024, net loss was $67.6 million ($1.01 per share), which included a non-cash impairment of $34.3 million ($0.51 per share) against goodwill related to the Torgau facility, compared to a net loss of $98.3 million ($1.48 per share) in the second quarter of 2023 and a net loss of $16.7 million ($0.25 per share) in the first quarter of 2024, which included a non-cash loss on disposal of $23.6 million ($0.35 per share) related to the dissolution of the Cariboo Pulp and Paper ("CPP") joint venture.
- 08/08/2024
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Mercer International Inc. Announces Conference Call for Second Quarter 2024 Results
- NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ending June 30, 2024 on Thursday, August 8, 2024, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, August 9, 2024, at 10:00 am ET to discuss the results.
- 07/23/2024
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Mercer International Inc. Receives Improved ESG Risk Rating from Sustainalytics
- NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC), a global forest products company with operations in Germany, the U.S. and Canada, announces that it has received an ESG Risk Rating of 17.4 from Sustainalytics. This rating places Mercer in the low-risk group and the 20th percentile of the 16,215 companies rated worldwide. The rating marks a 4.0-point improvement since 2023, underscoring Mercer's ongoing commitment to sustainability and effective ESG risk management.
- 07/17/2024
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Mercer International Receives SFI President's Award for Promoting Mass Timber and SFI Certification in the Supply Chain
- ATLANTA, June 05, 2024 (GLOBE NEWSWIRE) -- The Sustainable Forestry Initiative (SFI) is delighted to announce Mercer International as the recipient of the 2024 SFI President's Award. Mercer is spearheading the advancement of wood technology to redefine the North American construction landscape and is being recognized for its leadership and commitment to educating customers on the value of sustainably managed forests and promoting SFI certification in the supply chain.
- 06/05/2024
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Mercer International Inc. Releases 2023 Sustainability Report
- NEW YORK, May 27, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (“Mercer” or the “Company”) (Nasdaq: MERC) -- a global forest products company, today released its 2023 Sustainability Report. The report, titled "Fit for Future: Transition and Transformation" sets out Mercer's progress toward its 2030 environmental goals and other sustainability commitments, practices and accomplishments for 2023.
- 05/27/2024
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Mercer International: Rising Pulp Prices Could Help Price The Stock Higher (Technical Analysis)
- Mercer International Inc. has seen encouraging trends in its earnings, with better-than-expected results since the third quarter of fiscal 2023. The company's long-term MACD chart shows a bullish crossover, indicating positive fundamentals and potential for growth. Mercer's pulp segment has contributed to the improvement in earnings, driven by rising pulp prices in European and North American markets.
- 05/21/2024
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Despite Fast-paced Momentum, Mercer International (MERC) Is Still a Bargain Stock
- Mercer International (MERC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/13/2024
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Mercer International Inc. (MERC) Q1 2024 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q1 2024 Earnings Conference Call May 10, 2024 10:00 AM ET Company Participants Richard Short - Chief Financial Officer & Secretary Juan Carlos Bueno - President & Chief Executive Officer Conference Call Participants Hamir Patel - CIBC Sean Steuart - TD Cowen Harman Dhatt - RBC Capital Markets Operator Good morning, and welcome to Mercer International's First Quarter 2024 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer, and Richard Short, Mercer's Chief Financial Officer and Secretary.
- 05/10/2024
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Mercer International Inc. Reports First Quarter 2024 Results and Announces Quarterly Cash Dividend Of $0.075
- Selected Highlights First quarter Operating EBITDA* of $63.6 million and net loss of $16.7 million Improving pulp markets and lower costs driving stronger EBITDA Quarterly cash dividend of $0.075 per share NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported first quarter 2024 Operating EBITDA of $63.6 million, an increase from $27.5 million in the same quarter of 2023 and $21.1 million in the fourth quarter of 2023. In the first quarter of 2024, net loss was $16.7 million (or $0.25 per share), which included a non-cash loss on disposal of $23.6 million (or $0.35 per share) relating to the dissolution of the Cariboo Pulp and Paper ("CPP") joint venture, compared to a net loss of $30.6 million (or $0.46 per share) in the first quarter of 2023 and a net loss of $87.2 million (or $1.31 per share) in the fourth quarter of 2023, which included a non-cash impairment charge of $33.7 million (or $0.51 per share) relating to the classification of our sandalwood business as held for sale.
- 05/09/2024
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Mercer International (MERC) Is Attractively Priced Despite Fast-paced Momentum
- Mercer International (MERC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 04/25/2024
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Mercer International Inc. Announces Conference Call for First Quarter 2024 Results
- NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2024 on Thursday, May 9, 2024, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, May 10, 2024, at 10:00 am ET to discuss the results.
- 04/16/2024
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West Fraser and Mercer Announce Dissolution of Cariboo Pulp and Paper Joint Venture
- VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQ: MERC) announced today an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
- 04/02/2024
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Jimmy Lee Appointed As Chairman Emeritus Of Mercer International Inc.
- NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. ("Mercer" or the "Company") (Nasdaq: MERC) announced that Jimmy Lee is stepping down as Executive Chairman and director of the Company for personal health reasons. He has been appointed Chairman Emeritus. As a result, the Company has revised its governance structure to provide for an independent Chairman. William McCartney, who previously served as lead director, has been appointed Interim Chairman by the Company's board of directors.
- 02/26/2024
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Mercer International Inc. (MERC) Q4 2023 Earnings Call Transcript
- Mercer International Inc. (MERC) Q4 2023 Earnings Call Transcript
- 02/16/2024
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Mercer International Inc. Reports Fourth Quarter and Year End 2023 Results and Announces Quarterly Cash Dividend of $0.075
- Selected Highlights Fourth quarter Operating EBITDA* of $21.1 million and net loss of $87.2 million Full year 2023 Operating EBITDA of $17.5 million and net loss of $242.1 million Continued to ramp up and build out the order book of our mass timber business in 2023 Quarterly cash dividend of $0.075 per share NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported that Operating EBITDA in the fourth quarter of 2023 was $21.1 million compared to $96.1 million in the same quarter of 2022 and $37.5 million in the third quarter of 2023. In the fourth quarter of 2023, net loss was $87.2 million (or $1.31 per share), which included a non-cash impairment of $33.7 million (or $0.51 per share) relating to the classification of our sandalwood business as held for sale, compared to net income of $20.0 million (or $0.30 per share) in the fourth quarter of 2022 and net loss of $26.0 million (or $0.39 per share) in the third quarter of 2023.
- 02/15/2024
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3 Sorry Materials Stocks to Sell in January 2024
- Looking to sell some materials stocks? The materials sector has always been the bedrock of the global economy, providing essential components for the functioning of various industries.
- 01/31/2024
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3 Sorry Materials Stocks to Sell in January 2024
- Looking to sell some materials stocks? The materials sector has always been the bedrock of the global economy, providing essential components for the functioning of various industries.
- 01/31/2024
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Mercer International Inc. Announces Conference Call for Fourth Quarter 2023 Results
- NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2023 on Thursday, February 15, 2024, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 16, 2024, at 10:00 am ET to discuss the results.
- 01/22/2024
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Mercer International Inc. to Present at Upcoming CIBC Investor Conference
- NEW YORK, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer & Secretary, will be presenting at the following upcoming conference:
- 01/09/2024
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Mercer International Inc. to Present at Upcoming Investor Conferences
- NEW YORK, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be attending and hosting meetings at the following upcoming conferences:
- 11/14/2023
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Mercer International Inc. (MERC) Q3 2023 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Richard Short - Chief Financial Officer Juan Carlos Bueno - President and Chief Executive Officer Conference Call Participants Hamir Patel - CIBC Capital Markets Matthew McKellar - RBC Capital Markets Sam McGovern - UBS Group AG Operator Good morning, and welcome to Mercer International's Third Quarter 2023 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer; and Richard Short, Mercer's Chief Financial Officer and Secretary.
- 11/03/2023
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Mercer International Inc. Reports Third Quarter and First Nine Months of 2023 Results and Announces Quarterly Cash Dividend of $0.075
- Selected Highlights Third quarter Operating EBITDA* of $37.5 million and net loss of $26.0 million Continued strong growth and integration of our mass timber business Enhanced liquidity by completing $200 million 2028 senior note issue and expanding availability under German revolving credit facility by €70 million Quarterly cash dividend of $0.075 per share NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported that Operating EBITDA in the third quarter was $37.5 million compared to $140.9 million in the same quarter of 2022 and improved from negative $68.7 million in the prior quarter of 2023. In the third quarter of 2023, net loss was $26.0 million (or $0.39 per share) compared to net income of $66.7 million (or $1.01 per basic share and $1.00 per diluted share) in the third quarter of 2022 and a net loss of $98.3 million (or $1.48 per share) in the second quarter of 2023.
- 11/02/2023
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Mercer International Inc. Announces Conference Call for Third Quarter 2023 Results
- NEW YORK, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ending September 30, 2023, on Thursday, November 2, 2023, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, November 3, 2023, at 10:00 am ET to discuss the results.
- 09/28/2023
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Mercer International Inc. to Present at Upcoming 2023 TD Securities Paper and Forest Products Conference
- NEW YORK, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Richard Short, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:
- 09/22/2023
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Mercer International Inc. Completes Private Offering of $200,000,000 of 2028 Senior Notes
- NEW YORK, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028 (the "2028 Notes").
- 09/21/2023
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Mercer International: Low Pulp Prices Will Most Likely Keep Share Price Suppressed (Rating Downgrade)
- Mercer International Inc. shares have been in a downtrend since August 2022, but have remained above June lows. Volume trends and technical indicators suggest a potential bullish trend reversal if the stock can break resistance above $9 per share. However, Mercer's profitability has been impacted by declining pulp prices, and the company needs to reduce costs and increase demand for a turnaround.
- 09/20/2023
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Sell Alert: 3 Materials Stocks to Dump ASAP
- As the market heads into the dog days of summer, investors may be putting their portfolios on autopilot and waiting to get direction in the Fall. That may be fine for some stocks.
- 08/05/2023
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Mercer International Inc. (MERC) Q2 2023 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q2 2023 Earnings Call Transcript August 4, 2023 10:00 AM ET Company Participants Richard Short - Chief Financial Officer Juan Carlos Bueno - President and CEO Conference Call Participants Sean Stewart - TD Securities Matthew McKellar - RBC Cole Hathorn - Jefferies CJ Baldoni - Principal Operator Good morning and welcome to Mercer International's Second Quarter 2023 Earnings Conference Call. On the call today is Juan Carlos Bueno, Mercer's President and Chief Executive Officer, and Richard Short, Mercer's Chief Financial Officer, and Secretary.
- 08/04/2023
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7 Dividend Stocks to Ride Out 2023's Unpredictable Second Half
- Generally, companies that provide passive income for stakeholders represent a balanced approach but for safe dividend stocks for 2023. The underlying concept has taken on greater importance.
- 07/31/2023
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Mercer International Inc. Announces Conference Call for Second Quarter 2023 Results
- NEW YORK, July 06, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ending June 30, 2023, on Thursday, August 3, 2023, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer, and Richard Short, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, August 4, 2023, at 10:00 am ET to discuss the results.
- 07/06/2023
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Mercer International: Might Just Be Enough For A Dividend Investment
- Mercer International is expected to yield around 4% annually and has the potential for growth and compounding returns in the long run, despite the volatility of these industries. The company has maintained a stable business environment despite fluctuating prices of wood pulp and paper and has seen a post-pandemic surge in demand due to increased construction in its dominant markets. Despite risks such as a high debt load and industry volatility, MERC is believed to be in a healthy financial position.
- 06/30/2023
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Mercer (MERC) Boosts Production Capacity With Structurlam Buy
- Mercer International (MERC) completes the Structurlam acquisition to boost its production capacity for cross-laminated timber and glued laminated timber.
- 06/16/2023
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Mercer (MERC) Receives Court Approval to Acquire Structurlam
- Mercer International (MERC) gets bankruptcy court approval to acquire Structurlam Mass Timber. The acquisition is set to boost its product offering.
- 05/31/2023
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Mercer International Inc. (MERC) Q1 2023 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants David Ure - SVP, Finance and CFO Juan Carlos Bueno - President and CEO Conference Call Participants Sean Stewart - TD Securities Paul Quinn - RBC Capital Markets Hamir Patel - CIBC Capital Markets Richard Stevens - Momenta Operator Good morning and welcome to Mercer International's First Quarter 2023 Earnings Conference Call. On the call today is Juan Carlos Bueno, President and Chief Executive Officer of Mercer International with David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary.
- 05/05/2023
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Mercer International Inc. Announces Conference Call for First Quarter 2023 Results
- NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ending March 31, 2023, on Thursday, May 4, 2023, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, May 5, 2023, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 04/06/2023
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Mercer International: Current Pessimism Represents A Good Long-Term Opportunity
- The company's revenues are slowing down as a result of weakening markets and high leverage. High cash and equivalents and inventories provide a safety cushion amidst current headwinds and a potential recession.
- 04/04/2023
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Mercer International (MERC) Q4 Earnings Lag Estimates, Dip Y/Y
- Mercer International (MERC) witnesses a 73% slump in fourth-quarter 2022 earnings on inflated costs and higher maintenance downtime.
- 02/21/2023
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Mercer International Inc. (MERC) Q4 2022 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q4 2022 Earnings Conference Call February 17, 2023 10:00 AM ET Company Representatives Juan Carlos Bueno - President, Chief Executive Officer David Ure - Senior Vice President, Finance, Chief Financial Officer and Secretary Conference Call Participants Kasia Kopytek - TD Securities Paul Quinn - RBC Capital Markets Andrew Kuske - Credit Suisse Operator Good morning and welcome to Mercer International's, Fourth Quarter 2022 Earnings Conference Call. On the call today is Juan Carlos Bueno, President and Chief Executive Officer of Mercer International with David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary.
- 02/17/2023
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Mercer International Inc. Announces Conference Call for Fourth Quarter 2022 Results
- NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ending December 31, 2022 on Thursday, February 16, 2023, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 17, 2023, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 01/18/2023
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Mercer International Inc. to Present at Upcoming CIBC Investor Conference
- NEW YORK, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and CEO, will be presenting at the following upcoming conference:
- 01/12/2023
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Mercer International Inc. to Present at Upcoming Investor Conferences
- NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that the Company will be presenting at the following upcoming conferences:
- 11/21/2022
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Mercer International Inc. (MERC) Q3 2022 Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC ) Q3 2022 Earnings Conference Call October 28, 2022 10:00 AM ET Company Participants Juan Carlos Beuno - President and Chief Executive Officer David Ure - Senior Vice President, Finance, Chief Financial Officer and Secretary Conference Call Participants Sean Stewart - TD securities Hamir Patel - CIBC Capital Markets Andrew Kuske - Credit Suisse Matthew McKellar - RBS Capital Markets Dennis Collins - Stifel Operator Hello and welcome to Mercer International's Third Quarter 2022 Earnings Conference Call. My name is Sarah and I will be your coordinator for today's event.
- 10/29/2022
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What Awaits Mercer International (MERC) in Q3 Earnings?
- Mercer International's (MERC) third-quarter 2022 results are likely to reflect higher pulp sales volumes and prices, offset by lower lumber prices and inflated costs.
- 10/21/2022
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Mercer International Inc. Announces Conference Call for Third Quarter 2022 Results
- NEW YORK, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ended September 30, 2022 on Thursday, October 27, 2022, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, October 28, 2022, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 10/13/2022
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5 Stocks to Watch in a Promising Paper and Related Products Industry
- The Zacks Paper and Related Products industry continues to gain from its rising e-commerce sales and strong demand for critical and consumer-oriented products. Players like IP, SUZ, SMFKY, VRTV and MERC are well-positioned to capitalize on this trend.
- 10/06/2022
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Mercer International Could Spring Back On Some Interesting Catalysts
- Bearish sentiment hurts from primary sectors like basic materials. However, there is a redemptive opportunity within the basic materials sector that makes some of its players attractive to invest in despite the risk.
- 09/23/2022
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Mercer International (MERC) Flat As Market Sinks: What You Should Know
- In the latest trading session, Mercer International (MERC) closed at $12.38, marking no change from the previous day.
- 09/22/2022
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Mercer International Inc. to Present at Upcoming TD Securities Paper and Forest Products Conference
- NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior VP Finance, CFO & Secretary, will be presenting at the following upcoming conference:
- 09/13/2022
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Is Mercer International (MERC) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/13/2022
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Make Money Off Energy, Pizza? Here's How This Top Manager Does It
- Where to find stock buys? Huber Small Cap Value Fund's manager says the best stocks to buy now include energy, pizza and a wood pulp manufacturer.
- 09/09/2022
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Despite Fast-paced Momentum, Mercer International (MERC) Is Still a Bargain Stock
- Mercer International (MERC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 09/08/2022
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Mercer International Inc. to Present at Upcoming Credit Suisse 35th Annual Specialties & Basics Conference
- NEW YORK, Sept. 02, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior VP Finance, CFO & Secretary, will be presenting at the following upcoming conference:
- 09/02/2022
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Buy These 5 Stocks With Upgraded Broker Ratings Right Away
- As brokers have a deeper understanding of the stocks, one must follow rating upgrades. We pick BJ's Wholesale Club (BJ), Elevance Health (ELV), MGIC Investment (MTG), Mercer International (MERC) and RCM Technologies (RCMT) as these witness rating upgrades.
- 08/29/2022
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Is Mercer International (MERC) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 08/22/2022
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Mercer International (MERC) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Mercer International (MERC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/22/2022
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Looking for a Growth Stock? 3 Reasons Why Mercer International (MERC) is a Solid Choice
- Mercer International (MERC) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 08/19/2022
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Mercer International Inc. (MERC) Soars to 52-Week High, Time to Cash Out?
- Mercer International (MERC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 08/15/2022
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Is Mercer International (MERC) Outperforming Other Basic Materials Stocks This Year?
- Here is how Mercer International (MERC) and Ingevity (NGVT) have performed compared to their sector so far this year.
- 08/12/2022
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3 Top-Rated Breakout Stocks to Bet on for Super Returns
- Pearson (PSO), Mercer International (MERC) and BCB Bancorp (BCBP) have been selected as the breakout stocks for today.
- 08/10/2022
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7 Stocks Under $50 to Buy and Hold Forever
- It's important to have a diversified portfolio. You'll see that my portfolios run the gamut — there are large-cap names, growth stocks and momentum plays, but you'll also find some lesser known stocks under $50 to buy and hold.
- 08/04/2022
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What Makes Mercer International (MERC) a Strong Momentum Stock: Buy Now?
- Does Mercer International (MERC) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/01/2022
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Mercer International Inc. to Present at Upcoming Jefferies 2022 Industrials Conference
- NEW YORK, July 29, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Juan Carlos Bueno, President and CEO, will be presenting at the following upcoming conference:
- 07/29/2022
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Mercer International, Inc. (MERC) CEO Juan Carlos on Q2 2022 Results - Earnings Call Transcript
- Mercer International, Inc. (NASDAQ:MERC ) Q2 2022 Results Conference Call July 29, 2022 11:00 AM ET Company Participants Juan Carlos - President & CEO David Ure - EVP, CFO & Secretary Conference Call Participants Roger Spitz - Bank of America Andrew Kuske - Credit Suisse Jeff Gates - Gates Capital Management Paul Quinn - RBC Capital Markets Operator Good morning, and welcome to Mercer International's Second Quarter 2022 Earnings Conference Call. On the call today is Juan Carlos, President and Chief Executive Officer of Mercer International; and David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary.
- 07/29/2022
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Mercer International Inc. Conference Call for Second Quarter 2022 Results Update
- NEW YORK, July 26, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) today announced that in light of the recently announced acquisition of Holzindustrie Torgau, Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will present materials related to the acquisition during the previously announced conference call scheduled for Friday, July 29, 2022, at 11:00 am ET to discuss the earnings results. The call can be accessed by dialing one of the following numbers to participate in the Q&A:
- 07/26/2022
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Mercer International (MERC) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Mercer International (MERC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 07/26/2022
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3 Best Breakout Stocks to Invest in for Attractive Returns
- Assertio (ASRT), Mercer International (MERC) and The LGL Group (LGL) have been selected as the breakout stocks for today.
- 07/21/2022
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Strong Relative Price Strength Makes These 5 Stocks a Buy
- Equinor (EQNR), Greif (GEF), Richardson Electronics (RELL), Mercer International (MERC) and TFI International (TFII) are five stocks with explosive relative price strength.
- 07/21/2022
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3 Top-Ranked Small-Caps up Double-Digits in 2022
- Small-cap stocks have high growth potential but also carry a higher level of risk. Simply put, they can be seen as a double-edged sword.
- 07/19/2022
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5 Stocks to Keep an Eye On As Analysts Initiate Coverage
- Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Mercer (MERC), Blucora (BCOR), Universal Technical (UTI), Hilton Grand (HGV) and Kura Sushi (KRUS).
- 07/19/2022
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Mercer International Inc. Announces Conference Call For Second Quarter 2022 Results
- NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ended June 30, 2022 on Thursday, July 28, 2022, after the close of the market. Juan Carlos Bueno, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, July 29, 2022, at 11:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 07/18/2022
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Best Momentum Stocks to Buy for July 11th
- SU, MERC, and ARLP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 11, 2022.
- 07/11/2022
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New Strong Buy Stocks for July 11th
- PSX, X, SU, PAA, and MERC have been added to the Zacks Rank #1 (Strong Buy) List on July 11, 2022.
- 07/11/2022
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Best Value Stocks to Buy for July 11th
- X, MERC, and SU made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 11, 2022.
- 07/11/2022
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Mercer International: Buy For Exposure To NBSK Pulp, Biofuel Electricity, And Lumber
- Not all pulp is created equal. 'Know what you are investing in' applies to Mercer, as they produce long-fiber NBSK virgin pulp vs short-fiber NBHK. Sum of the parts valuations suggests a target price of $19.
- 07/07/2022
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Why Mercer Shares Are Surging Today
- Credit Suisse analyst Andrew M. Kuske upgraded Mercer International Inc. (NASDAQ: MERC) to Outperform from Neutral and raised the price target to $19 (an upside of 36%) from $18.50.
- 07/06/2022
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Three Cheap Stocks That Just Got Upgraded
- Now that the S&P 500 (NYSEARCA: SPY) has corrected about 20% the stock market is starting to look cheap again. While we think the broad market still has a ways to go before hitting bottom there are some stocks and sectors garnering attention from the analyst.
- 07/06/2022
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Should Value Investors Consider Mercer (MERC) Stock Now?
- Let's see if Mercer (MERC) stock is a good choice for value-oriented investors right now from multiple angles.
- 06/22/2022
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Has Mercer International (MERC) Outpaced Other Basic Materials Stocks This Year?
- Here is how Mercer International (MERC) and Nutrien (NTR) have performed compared to their sector so far this year.
- 06/14/2022
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Are Investors Undervaluing Mercer International (MERC) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/14/2022
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Is Mercer International (MERC) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/24/2022
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Is Mercer International (MERC) Stock Outpacing Its Basic Materials Peers This Year?
- Here is how Mercer International (MERC) and Nutrien (NTR) have performed compared to their sector so far this year.
- 05/10/2022
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3 Top Breakout Stocks to Buy for Solid Returns
- Mercer International (MERC), Solaris Oilfield Infrastructure (SOI) & Amalgamated Financial (AMAL) have been selected as the breakout stocks for today.
- 05/09/2022
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These 4 Paper Stocks Are Going Strong
- The Paper and Related Products industry offers some attractive investment opportunities.
- 05/09/2022
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Here's Why Mercer International (MERC) is a Great Momentum Stock to Buy
- Does Mercer International (MERC) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/06/2022
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Mercer International Inc. to Present at Upcoming BMO Timber & Wood Products Summit
- NEW YORK, May 03, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior VP Finance, CFO & Secretary, will be presenting at the following upcoming summit:
- 05/03/2022
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Mercer International, Inc. (MERC) CEO David Gandossi on Q1 2022 Results - Earnings Call Transcript
- Mercer International, Inc. (NASDAQ:MERC ) Q1 2022 Earnings Conference Call April 29, 2022 10:00 AM ET Company Participants David Gandossi - President, CEO & Director David Ure - EVP, CFO & Secretary Conference Call Participants Hamir Patel - CIBC Capital Markets Andrew Kuske - Crédit Suisse Andrew Shapiro - Lawndale Capital Management Matthew McKellar - RBC Capital Markets Kasia Kopytek - TD Securities Operator Good morning, and welcome to Mercer International's Fourth Quarter 2021 Earnings Conference Call. On the call today is David Gandossi, President and Chief Executive Officer of Mercer International; and David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary.
- 04/29/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Mercer International (MERC)
- Mercer International (MERC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/28/2022
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Mercer International Inc. Announces Conference Call for First Quarter 2022 Results
- NEW YORK, April 06, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ended March 31, 2022 on Thursday, April 28, 2022, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, April 29, 2022, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 04/06/2022
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These 4 Paper Stocks Are Going Strong
- The Paper and Related Products industry offers some attractive investment opportunities.
- 04/04/2022
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Mercer (MERC): Strong Industry, Solid Earnings Estimate Revisions
- Mercer (MERC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/29/2022
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Despite Fast-paced Momentum, Mercer International (MERC) Is Still a Bargain Stock
- Mercer International (MERC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 03/24/2022
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Mercer International: This Strong Paper Stock Is On A Roll
- E-commerce alone ensures that strong recyclable packaging will continue to increase in usage.
- 03/21/2022
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Is Mercer International (MERC) Stock Outpacing Its Basic Materials Peers This Year?
- Here is how Mercer International (MERC) and Novagold (NG) have performed compared to their sector so far this year.
- 03/15/2022
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Earth First Investments 1: Forest Management
- Earth First Investments 1: Forest Management
- 03/15/2022
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Is Mercer International (MERC) Stock Outpacing Its Basic Materials Peers This Year?
- Here is how Mercer International (MERC) and Mosaic (MOS) have performed compared to their sector so far this year.
- 02/25/2022
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Mercer International Inc. (MERC) CEO David Gandossi on Q4 2021 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q4 2021 Results - Earnings Call Transcript
- 02/18/2022
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Mercer International (MERC)'s Technical Outlook is Bright After Key Golden Cross
- Is it a good or bad thing when a stock experiences a golden cross technical event?
- 02/18/2022
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Looking for a Fast-paced Momentum Stock at a Bargain? Consider Mercer International (MERC)
- Mercer International (MERC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 02/04/2022
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Mercer International Inc. Announces Conference Call for Fourth Quarter 2021 Results
- NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ended December 31, 2021 on Thursday, February 17, 2022, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 18, 2022, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 01/26/2022
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Mercer International Inc. to Present at Upcoming 25th Annual CIBC Western Institutional Investor Conference
- NEW YORK, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 01/10/2022
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Mercer International: Still Maintain The Stock Is Heavily Undervalued
- EPS of $1.04 in Q3 beats estimates by a sizable margin. The company continues to make solid strategic investments which are adding value to the firm.
- 01/08/2022
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Mercer International Inc. to Present at Upcoming 2021 RBC Capital Markets Forest Products Virtual Conference
- NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:
- 11/17/2021
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Mercer International Inc. to Present at Upcoming BofA Securities 2021 Virtual Leveraged Finance Conference
- NEW YORK, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 11/16/2021
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Mercer International Inc. (MERC) CEO David Gandossi on Q3 2021 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q3 2021 Results - Earnings Call Transcript
- 10/29/2021
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Recap: Mercer International Q3 Earnings
- Mercer International (NASDAQ:MERC) reported its Q3 earnings results on Thursday, October 28, 2021 at 04:30 PM. Here's what investors need to know about the announcement.
- 10/28/2021
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Mercer International Inc. Announces Conference Call For Third Quarter 2021 Results
- NEW YORK, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its third quarter results for the period ended September 30, 2021 on Thursday, October 28, 2021, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, October 29, 2021, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 10/13/2021
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Mercer International Inc. Announces European Union Investigation Into European Wood Pulp Industry
- NEW YORK, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) announces that the European Union has opened a cartel investigation into the wood pulp sector and conducted inspections of major European pulp producers including the Company's German operations. The Company is cooperating with the investigation.
- 10/12/2021
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Mercer International : Next Leg-Up Has Begun
- Shares have formed a weekly swing low on the technical chart. Profitability is increasing. Numbers would have been much higher in Q2, but for planned maintenance.
- 09/28/2021
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Mercer International Inc. to Present at Upcoming TD Securities 2021 Virtual Paper & Forest Products Conference
- NEW YORK, Sept. 21, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 09/21/2021
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Value Stock Selections: A Simpler Benjamin Graham
- Benjamin Graham is known for developing a fairly complex set of rules and formulas to determine a stock's intrinsic value. In his final year, Graham offered a much simpler means of finding value, but these simple value comparison tools are often overlooked by many investors.
- 08/13/2021
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Mercer International Inc. Receives Bankruptcy Court Sales Order Approval to Acquire a CLT Facility
- NEW YORK, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC). The Company is pleased to announce that today it received approval from the applicable Bankruptcy Court for a sales Order approving the acquisition by its wholly-owned subsidiary of a state-of-the-art CLT manufacturing facility located at Spokane, Washington (the "Facility") for a price of $50 million, subject to customary adjustments. The closing of the sale is scheduled to occur shortly.
- 08/03/2021
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Mercer International Inc. (MERC) CEO David Gandossi on Q2 2021 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q2 2021 Results - Earnings Call Transcript
- 08/01/2021
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Mercer International: Q2 Earnings Insights
- Shares of Mercer International (NASDAQ:MERC) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 346.15% over the past year to $0.32, which missed the estimate of $0.48.
- 07/29/2021
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Mercer International Inc. Reports Second Quarter and First Half 2021 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights
- 07/29/2021
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Mercer International Inc. to Present at Upcoming Jefferies 2021 Virtual Industrials Conference
- NEW YORK, July 21, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 07/21/2021
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Mercer International Inc. Announces Conference Call for Second Quarter 2021 Results
- NEW YORK, July 12, 2021 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ended June 30, 2021 on Thursday, July 29, 2021, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, July 30, 2021, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 07/12/2021
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How Mercer International (MERC) Stock Stands Out in a Strong Industry
- Mercer International (MERC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/24/2021
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Mercer International (MERC) Loses 12.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- The heavy selling pressure might have exhausted for Mercer International (MERC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 06/23/2021
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Mercer International (MERC) Enters Oversold Territory
- Mercer International (MERC) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 06/09/2021
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5 Top Stocks to Capitalize on Promising Paper Industry
- 5 Top Stocks to Capitalize on Promising Paper Industry
- 05/27/2021
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Mercer International Inc. (MERC) CEO David Gandossi on Q1 2021 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q1 2021 Results - Earnings Call Transcript
- 04/30/2021
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Mercer International Inc. Reports First Quarter 2021 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights
- 04/29/2021
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Mercer International's (MERC) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Mercer International Inc. (MERC).
- 04/29/2021
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Should Value Investors Buy Mercer International (MERC) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 04/21/2021
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New Strong Buy Stocks for April 20th
- New Strong Buy Stocks for April 20th
- 04/20/2021
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Mercer International (MERC) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Mercer International (MERC) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 04/20/2021
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Top Ranked Income Stocks to Buy for April 20th
- Top Ranked Income Stocks to Buy for April 20th
- 04/20/2021
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Mercer International Inc. Announces Conference Call for First Quarter 2021 Results
- NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its first quarter results for the period ended March 31, 2021 on Thursday, April 29, 2021, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, April 30, 2021, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 04/12/2021
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Mercer (MERC) in Focus: Stock Moves 9% Higher
- Mercer (MERC) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
- 03/01/2021
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Mercer International Inc. to Present at Upcoming Raymond James 2021 Institutional Investors Conference
- NEW YORK, Feb. 22, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 02/22/2021
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Mercer International Inc. (MERC) CEO David Gandossi on Q4 2020 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q4 2020 Results - Earnings Call Transcript
- 02/17/2021
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Mercer International Inc. Announces Appointments to Board of Directors
- NEW YORK, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that Alice Laberge and Janine North, ICD.D, have been appointed to its board of directors effective February 17, 2021.
- 02/17/2021
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Mercer International Inc. Reports Fourth Quarter and Year End 2020 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights
- 02/16/2021
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Mercer International's (MERC) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Mercer International (MERC).
- 01/26/2021
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Mercer International Inc. Completes Private Offering of $875,000,000 of 2029 Senior Notes, Settlement of Tender Offer of 2024 Senior Notes and Redemption of 2025 Senior Notes
- NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it has completed its previously announced private offering of $875.0 million aggregate principal amount of 5.125% senior notes due February 1, 2029 (the "2029 Notes"). The Company also announces the settlement of its previously announced cash tender offer (the "Tender Offer") with respect to its existing 6.500% Senior Notes due 2024 (the "2024 Notes") and completion of its previously announced redemption of its existing 7.375% Senior Notes due 2025 (the "2025 Notes").
- 01/26/2021
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Mercer International Inc. Announces Conference Call for Fourth Quarter 2020 Results
- NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Mercer International (NASDAQ: MERC) will release its fourth quarter results for the period ended December 31, 2020 on Tuesday, February 16, 2021, after the close of the market. David M. Gandossi, President and Chief Executive Officer and David K. Ure, Senior Vice President Finance, Chief Financial Officer and Secretary, will be hosting a conference call on Wednesday, February 17, 2021, at 10:00 am ET to discuss the results. The call can be accessed by dialing one of the following:
- 01/19/2021
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Mercer International Inc. Announces Upsizing and Pricing of Private Offering of Senior Notes and the Conditional Full Redemption of Its Outstanding 7.375% Senior Notes Due 2025
- NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced the upsizing and pricing of its private offering of $875 million in aggregate principal amount of 5.125% senior notes due February 1, 2029 (the "2029 Notes"). The size of the offering was increased from the previously announced offering of $500 million aggregate principal amount of 2029 Notes to $875 million aggregate principal amount of 2029 Notes.
- 01/14/2021
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Mercer International Inc. Announces Plans to Issue $500 Million of Senior Notes in Private Offering to Refinance Its Senior Notes Due 2024 and 2025
- NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $500.0 million in aggregate principal amount of senior notes due 2029 (the "2029 Notes").
- 01/14/2021
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Mercer International Inc. Commences Tender Offer for its 6.500% Senior Notes Due 2024
- NEW YORK, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that it has commenced a cash tender offer (the "Tender Offer"), for any and all of its outstanding 6.500% Senior Notes due 2024 (the "Notes"). The Tender Offer is made pursuant to an Offer to Purchase and related Notice of Guaranteed Delivery which set forth the terms and conditions of the Tender Offer.
- 01/14/2021
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Mercer International Inc. to Present at Upcoming 24th Annual CIBC Western Institutional Investor Conference
- NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 01/11/2021
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Assessing The Strength Of The Dividend Of Mercer International
- The firm cut the dividend by 50%+ in the first quarter. Momentum though is beginning to pick up.
- 12/03/2020
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Mercer International Inc. to Present at Upcoming BofA Securities 2020 Virtual Leveraged Finance Conference
- NEW YORK, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David K. Ure, Senior Vice President, Chief Financial Officer and Secretary, will be presenting at the following upcoming conference:
- 11/19/2020
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Mercer International Inc. To Present at Upcoming 2020 RBC Capital Markets Forest Products Virtual Conference
- NEW YORK, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:
- 11/18/2020
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Mercer International Inc. (MERC) CEO David Gandossi on Q3 2020 Results - Earnings Call Transcript
- Mercer International Inc. (MERC) CEO David Gandossi on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
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Mercer International Inc. Reports Third Quarter and Nine Months 2020 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights
- 10/29/2020
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Acorn Pulp Group to purchase molded fiber manufacturing machine
- Acorn Pulp Group has agreed to purchase a new state of the art molded fiber manufacturing machine from Southern Moulded Pulp and Moulded Fibre Technologies. Acorn Pulp Group plans to locate the new factory and equipment in the Greater Sacramento/Napa region or Northern Nevada
- 08/25/2020
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Why Mercer International (MERC) Stock is a Compelling Investment Case
- Nomadic Value Investment Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The investment firm supports enterprising individuals and families in achieving respectable long-term investment performance. You should check out Nomadic Value's top 5 stock picks for investors to buy right now, which could be the biggest winners of […]
- 08/17/2020
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RBC Capital Maintains a Hold Rating on Mercer International (MERC) - Markets
- In a report released today, Paul Quinn from RBC Capital maintained a Hold rating on Mercer International (MERC – Research
- 08/03/2020
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Mercer International Inc (MERC) Q2 2020 Earnings Call Transcript
- On the call today is David Gandossi, President and Chief Executive Officer of Mercer International; and David Ure, Senior Vice President, Finance, Chief Financial Officer and Secretary. Thank you, and good morning, everyone.
- 07/31/2020
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Mercer International Inc. (MERC) CEO David Gandossi on Q2 2020 Results - Earnings Call Transcript
- Mercer International Inc. (NASDAQ:MERC) Q2 2020 Earnings Conference Call July 31, 2020 11:00 AM ET Company Participants David Ure - Chief Financial Officer David Gandossi - Chief Executive Officer Conference Call Participants Sean Steuart - TD Securities Marcus Campeau - RBC Capital Markets Andrew Shapiro - Lawndale Capital Andrew Kuske - Credit Suisse DeForest Hinman - Walthausen & Company Hamir Patel - CIBC Capital Markets Presentation Operator Good morning, and welcome to Mercer International Second Quarter 2020 Earnings Conference Call.
- 07/31/2020
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Analysts Offer Insights on Conglomerates Companies: Mercer International (NASDAQ: MERC) and Oshkosh (NYSE: OSK) - Markets
- Companies in the Conglomerates sector have received a lot of coverage today as analysts weigh in on Mercer International (MERC
- 07/31/2020
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Mercer International Inc. Reports Second Quarter and First Half 2020 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights
Second quarter net loss of $8.4 million
Quarterly Operating EBITDA* of $40.5 million
Cash on hand and available credit facilities provide
- 07/30/2020
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Mercer International Inc. Reports Second Quarter and First Half 2020 Results and Announces Quarterly Cash Dividend of $0.065
- Selected Highlights * Second quarter net loss of $8.4 million * Quarterly Operating EBITDA* of $40.5 million * Cash on hand and available credit facilities provide liquidity of about $566.8 million at June 30, 2020NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today reported second quarter 2020 Operating EBITDA decreased to $40.5 million from $70.0 million in the second quarter of 2019 and from $57.0 million in the first quarter of 2020.In the second quarter of 2020, net loss was $8.4 million (or $0.13 per share) compared to net income of $10.3 million (or $0.16 per share) in the second quarter of 2019 and a net loss of $3.4 million (or $0.05 per share) in the first quarter of 2020. In the first half of 2020, Operating EBITDA decreased by 50% to $97.5 million from $193.8 million in the same period of 2019. In the first half of 2020, net loss was $11.8 million compared to net income of $61.9 million in the same period of 2019. Mr. David Gandossi, the Chief Executive Officer, stated: “While the world continues to be impacted by the COVID-19 pandemic, I am proud to say that our people have remained resilient and we implemented measures and procedures to meet the challenges of operating our business safely and efficiently. We are constantly monitoring our operations and guidance from governmental and health organizations to ensure that we continue to take appropriate and necessary actions to protect our people.All of our mills ran well this quarter. Pulp production was down slightly in the quarter primarily due to a previously announced short-term planned curtailment.Our Q2 results reflect strong cost control and steady production. On average, pulp pricing was modestly up compared to Q1. However, late in the current quarter, overall pulp demand was modestly weaker as continued strong tissue demand was more than offset by weaker demand from printing and writing customers. Our wood products segment had another strong quarter. Our Friesau mill ran well with strong demand in our U.S. market creating upward pricing pressure late in the quarter. In the current quarter approximately 38% of our lumber sales volumes were to the U.S. which was our single largest market.As we move into Q3 we will remain focused on controlling our costs, managing our working capital and conservatively managing our strong liquidity position.”____________ *Operating EBITDA is not a measure of financial performance under accounting principles generally accepted in the United States ("GAAP") and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. See page 6 of the financial tables included in this press release for a reconciliation of net income (loss) to Operating EBITDA. Consolidated Financial Results Q2 Q1 Q2 YTD YTD 2020 2020 2019 2020 2019 (in thousands, except per share amounts) Revenues$341,195 $350,599 $425,753 $691,794 $909,703 Operating income$10,315 $24,062 $37,810 $34,377 $131,362 Operating EBITDA$40,516 $57,008 $69,958 $97,524 $193,757 Net income (loss)$(8,411) $(3,392) $10,259 $(11,803) $61,875 Net income (loss) per common share Basic and diluted$(0.13) $(0.05) $0.16 $(0.18) $0.94 Consolidated – Three Months Ended June 30, 2020 Compared to Three Months Ended June 30, 2019 Total revenues for the three months ended June 30, 2020 decreased by approximately 20% to $341.2 million from $425.8 million in the same quarter of 2019 primarily due to lower pulp sales realizations and pulp sales volumes.Costs and expenses in the current quarter decreased by approximately 15% to $330.9 million from $387.9 million in the second quarter of 2019 primarily due to lower per unit fiber costs and lower pulp sales volumes and the positive impact of a stronger dollar on our Canadian dollar and euro denominated costs and expenses.In the second quarter of 2020, Operating EBITDA decreased by approximately 42% to $40.5 million from $70.0 million in the same quarter of 2019 primarily due to lower pulp sales realizations partially offset by lower per unit fiber costs and the positive impact of a stronger dollar.Segment ResultsPulp: Lower fiber costs more than offset by lower sales realizations Three Months Ended June 30, 2020 2019 (in thousands) Pulp revenues$276,919 $359,205 Energy and chemical revenues$21,127 $25,594 Operating income$8,110 $42,251 In the second quarter of 2020, pulp segment operating income decreased to $8.1 million from $42.3 million in the same quarter of 2019. The decrease was primarily due to lower pulp sales realizations partially offset by the positive impact of lower per unit fiber costs and a stronger dollar. In the current quarter of 2020, NBSK pulp sales realizations decreased by approximately 18% to $573 per ADMT from $699 per ADMT in the same quarter of the prior year due to high producer inventory levels. NBSK sales volumes decreased by approximately 4% to 422,586 ADMTs in the current quarter from 438,520 ADMTs in the same quarter of 2019 due to lower production. Our Canadian pulp mills recorded a non-cash write down of our inventory carrying values of $12.3 million in the current quarter as a result of lower pulp sales realizations and high fiber costs.Per unit fiber costs decreased in the current quarter by approximately 16% from the same quarter of 2019 due to lower per unit fiber costs for all of our mills. In Germany, per unit fiber costs benefitted from the continuing availability of beetle damaged wood. Per unit fiber costs in Canada declined but remained at historically high levels due to strong fiber demand in the mills' fiber procurement areas.Wood Products: Continued strong production and lower fiber costs Three Months Ended June 30, 2020 2019 (in thousands) Lumber revenues$37,611 $35,322 Energy revenues$2,629 $2,788 Wood residual revenues$1,487 $1,342 Operating income (loss)$4,327 $(89) In the second quarter of 2020 the wood products segment operating income increased to $4.3 million compared to an operating loss of $0.1 million in the same quarter of 2019. The increase was primarily due to strong production and lower per unit fiber costs. Production increased by approximately 13% to 113.5 MMfbm of lumber in the current quarter from 100.8 MMfbm in the same quarter of 2019 primarily due to capital improvements at the mill. In the current quarter per unit fiber costs decreased by approximately 26% from the same quarter of 2019 primarily as a result of the continuing availability of beetle damaged wood.Average lumber sales realizations were generally flat at approximately $345 per Mfbm in the second quarter of 2020 compared to approximately $348 per Mfbm in the same quarter of 2019 as higher pricing in the U.S. market was offset by lower pricing in Europe. U.S. lumber pricing increased due to stronger demand in the current quarter. European lumber pricing declined due to an increase in the supply of lumber processed from beetle damaged wood which generally obtains lower prices.Consolidated – Six Months Ended June 30, 2020 Compared to Six Months Ended June 30, 2019 Total revenues for the first half of 2020 decreased by approximately 24% to $691.8 million from $909.7 million in the first half of 2019 primarily due to lower pulp sales realizations and pulp sales volumes.Costs and expenses in the first half of 2020 decreased by approximately 16% to $657.4 million from $778.3 million in the first half of 2019 primarily due to lower per unit fiber costs, lower pulp sales volumes and the positive impact of a stronger dollar on our Canadian dollar and euro denominated costs and expenses.For the first half of 2020, our net loss was $11.8 million, or $0.18 per share compared to net income of $61.9 million, or $0.94 per share, in the same period of 2019.In the first half of 2020, Operating EBITDA decreased by approximately 50% to $97.5 million from $193.8 million in the same period of 2019 primarily due to lower pulp sales realizations and pulp sales volumes partially offset by lower per unit fiber costs and the positive impact of a stronger dollar versus the Canadian dollar and euro.Liquidity The following table is a summary of selected financial information as of the dates indicated: June 30, December 31, 2020 2019 (in thousands) Cash and cash equivalents$303,334 $351,085 Working capital$586,682 $588,385 Total assets$1,973,609 $2,065,720 Long-term liabilities$1,282,395 $1,259,005 Total equity$494,260 $550,403 As of June 30, 2020, we had cash and cash equivalents of approximately $303.3 million, approximately $263.5 million available under our revolving credit facilities, providing aggregate liquidity of about $566.8 million.In June 2020, we amended our revolving credit facility for our Celgar mill to increase the principal amount available to C$60 million from C$40 million with all other terms remaining substantially unchanged. Current Market Environment Commencing around the end of the second quarter, many countries have taken measures to ease restrictions on economic and social activities to, among other things, reopen their economies by allowing businesses to restart and encourage economic activity. The results of such economic measures and reopening have varied from country to country.While such measures are encouraging, currently we are unable to predict the outcome or pace of such economic reopening, the strength or timing of any recovery or whether they will result in such a material resurgence of the virus that causes governments to re-impose restrictive measures.
- 07/30/2020
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Mercer International Inc. to Present at Upcoming Jefferies 2020 Virtual Industrials Conference
- NEW YORK, July 23, 2020 (GLOBE NEWSWIRE) -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference: Jefferies 2020 Industrials ConferenceAugust 5-6, 2020Presentation at 3:00 PM EDT, Thursday, August 6A copy of the presentation will be posted in the “Investors - Current Documents” section on the Company’s web site (https://mercerint.com/investors/current-documents/) on the morning of the event.Mercer International Inc. is a global forest products manufacturing company with operations in Germany and Canada with a consolidated annual production capacity of approximately 2.2 million tonnes of pulp and 550 million fbm of softwood lumber. To obtain further information on the company, please visit its web site at https://mercerint.com/.The preceding includes forward looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: the continuing effects of the recent economic and financial turmoil, the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports.FOR: Mercer International Inc. APPROVED BY: David M. Gandossi, FCPA, FCA President & CEO 604-684-1099 David K. Ure, CPA, CGA Senior VP Finance, CFO & Secretary 604-684-1099
- 07/23/2020
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Nomadic Value Investment Partners Q2 2020 Investor Letter
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Post Covid-19 Trends of Entrepreneurship According to the Changed Market Demand
- With the recovery from this crisis as the fulcrum of the community for entrepreneurs, it has become crucial to estimate and predict the future trajectory of entrepreneurial success and market leadership
- 07/20/2020
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Raymond James Analysts Decrease Earnings Estimates for Mercer International Inc. (NASDAQ:MERC)
- Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) – Research analysts at Raymond James cut their Q2 2020 EPS estimates for Mercer International in a note issued to investors on Wednesday, July 15th. Raymond James analyst D. Swetlishoff now forecasts that the basic materials company will post earnings of ($0.08) per share for the quarter, down from their […]
- 07/18/2020
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You’re It! FedEx and UPS Drivers Engage in Pandemic-Era Game of Tag
- Playful competition helps ease the stress of higher workload. Now, Amazon and the Postal Service Are Targets.
- 07/17/2020
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Comunicado do Business Wire :Mercer
- Conforme muitos pa
- 07/16/2020
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Here are the top 10 ASX investment funds for the 2020 financial year - Stockhead
- Healthcare and tech were fund-manager favourites in the 2020 financial year, Mercer’s latest ASX investor survey shows. QVG Capital’s long/short fund came in first place out of 138 funds, posting an annual return of 29.3 per cent. That included a gain of 17.3 per cent in the June quarter, where the barnstorming market rally proved […]
- 07/16/2020
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Employers Prepare for a Return to the Workplace With Strategies Focused on Keeping Employees Safe and Energized
- As many countries around the world emerge from the first shock of the coronavirus pandemic and stay-at-home restrictions slowly lift, many employers a
- 07/16/2020
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Marsh & McLennan Companies Declares Quarterly Cash Dividend
- The Board of Directors of Marsh & McLennan Companies (NYSE: MMC) today declared an increase in the quarterly dividend from $0.455 to $0.465 per sh
- 07/15/2020
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RBC Capital Keeps Their Hold Rating on Mercer International (MERC) - Markets
- In a report issued on July 9, Paul Quinn from RBC Capital maintained a Hold rating on Mercer International (MERC
- 07/13/2020
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RIA Boom: Mercer Buys $910 Million-Asset Indie, Midwest TAMPs Combine - AdvisorHub
- Mercer Advisors adds $910-million Colorado firm to bring its AUM to $20 billion, while $3.5 billion-asset Formula Folio combines with $3-billion Brookstone Capital Management to offer broader asset management services to retirement advisors.
- 07/08/2020
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Mercer notches third acquisition in 5 weeks - InvestmentNews
- The purchase of Denver-based M.J. Smith and Associates was partially driven by the need for a succession plan.
- 07/08/2020
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UBS UK pension scheme secures £1.4bn longevity swap with Zurich - Reinsurance News
- The UBS (UK) Pension and Life Assurance Scheme has entered into a longevity swap transaction with Zurich that covers roughly £1.4 billion of its defined
- 07/08/2020
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Were Hedge Funds Right About Ditching Mercer International Inc. (MERC)?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/08/2020
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UBS pension gets £1.4bn longevity swap from Zurich & Canada Life Re - Artemis.bm
- The UBS (UK) Pension and Life Assurance Scheme has entered into a £1.4 billion longevity swap arrangement, with global player Zurich acting as the insurer
- 07/07/2020
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Mercer International Inc. Announces Conference Call for Second Quarter 2020 Results
- NEW YORK, July 06, 2020 -- Mercer International (NASDAQ: MERC) will release its second quarter results for the period ended June 30, 2020 on Thursday, July 30, 2020, after the.
- 07/06/2020
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Marsh & McLennan. UK Regulatory Announcement: Marsh & McLennan to Host Second Quarter Earnings Investor Call on July 30
- Marsh & McLennan Companies, Inc. (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, plans to
- 07/03/2020
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Week’s Best: Empower Retirement’s $1 Billion Deal
- Here’s our roundup of the week’s top stories at Barron’s Advisor.
- 07/02/2020
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At least 50,904 college workers have been laid off or furloughed because of Covid-19
- The coronavirus pandemic is exacerbating financial difficulties for colleges and universities as schools have been forced to close campuses, provide refunds for services such as housing and enrollment has declined.
- 07/02/2020
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Corporate pension funding sees modest movement in June – 3 reports
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Torquay United Yellow Army Podcast: The Countdown Begins
- And our A-Z of Plainmoor reaches the letter 'O', and that means Frank O'Farrell
- 07/02/2020
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Why talking openly about how much you are paid for work is so important in this job market
- The current job market could slow gains workers made in the push for pay transparency, but the racial equality movement makes salary disparity an even more important career topic.
- 07/02/2020
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How the world of work is changing in Canada for better and worse — podcast
- Episode 61 in Down to Business podcast from the Financial Post
- 07/02/2020
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Oscar and Grammy-winning composer Johnny Mandel dies at 94 in California
- The acclaimed music composer Johnny Mandel died at the age of 94 due to a cardiac ailment at his home in California.
- 07/02/2020
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Oscar-winning composer Johnny Mandel, known for ‘M.A.S.H.’ theme, dies at 94
- Mandel's varied career included work with Frank Sinatra, Natalie Cole, Barbra Streisand and Tony Bennett – and even the soundtrack for 'Caddyshack.'
- 07/02/2020
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Marsh & McLennan to Host Second Quarter Earnings Investor Call on July 30
- Marsh & McLennan Companies, Inc. (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, plans to a
- 07/02/2020
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North Dakota confirms 80th death since start of pandemic
- BISMARCK, N.D. (AP) — BISMARCK, N.D. — The coronavirus death toll in North Dakota reached 80 on Wednesday with the death of a Stark County man in his 90s who had underlying health...
- 07/01/2020
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Serial Acquirer Mercer Buys 2 More RIAs
- The acquisitions of Argosy in Los Angeles and ClearRock Capital in Sun Valley, Idaho, bring Mercer’s client assets close to $20 billion.
- 07/01/2020
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Mercer acquires $554 million RIA - InvestmentNews
- ClearRock Capital marks the second acquisition for the advisory firm this week.
- 07/01/2020
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Mercer to Buy $660 Million AUM ClearRock Capital
- The move to sell was part of ClearRock’s business continuity strategy.
- 07/01/2020
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Ohio enters swing state territory again as the national map expands: Capitol Letter
- Souring views on President Donald Trump have turned a whole host of states into competitive territory.
- 07/01/2020
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NJ Coronavirus, Reopen Updates: Here's What You Need To Know
- Here's how NJ towns and counties are impacted, as well as the latest developments on the coronavirus crisis and reopenings in NJ.
- 07/01/2020
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What Most Active vs. Passive Debates Miss
- When it comes to the choice between active and passive, investors have at least three questions to consider.
- 07/01/2020
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Oscar- and Grammy- winning composer Johnny Mandel dies at 94
- Mandel composed the theme song for the TV show M*A*S*H
- 06/30/2020
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Muere Johnny Mandel, compositor ganador de un Oscar y un Grammy
- Mandel fue uno de los últimos grandes compositores que emergió de la época previa al rock and roll, con una carrera que se remonta a la década de 1940.
- 06/30/2020
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Pensions: For Whom the Bell Tholes | National Review
- Artificially ‘cheap’ interest rates are a lot more expensive than they seem . . .
- 06/30/2020
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Where are Ohio’s biggest coronavirus spikes?
- Most of the counties with the sharpest increases in known coronavirus cases have been in southern Ohio, including in the Dayton and Cincinnati areas.
- 06/30/2020
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No Slowdown for Mercer
- While the country slowly emerges from lockdown, the RIA continues to make a series of acquisitions on its way to becoming “the Mayo Clinic of Wealth Management.”
- 06/30/2020
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Hungry RIA Acquirers Creative Planning, Mercer Advisors Close Covid Deals - AdvisorHub
- Creative Planning snags $530 million-asset firm near Detroit, and Mercer Advisors picks up $330 million-asset planning firm in Beverly Hills.
- 06/30/2020
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Johnny Mandel, the Oscar- and Grammy- winning composer, dies
- Johnny Mandel, the Oscar- and Grammy- winning composer, arranger and musician, has died at 94
- 06/30/2020
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Johnny Mandel, the Oscar- and Grammy- winning composer, dies
- NEW YORK (AP) — Johnny Mandel, the Oscar- and Grammy-winning composer, arranger and musician who worked on albums by Frank Sinatra, Natalie Cole and many others and whose songwriting credits...
- 06/30/2020
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La realidad de la igualdad de género en las empresas
- Un informe de Mercer revela que hay una importante brecha entre lo que se dice y lo que se hace
- 06/30/2020
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Johnny Mandel, the Oscar- and Grammy- winning composer, dies
- NEW YORK - Johnny Mandel, the Oscar- and Grammy-winning composer, arranger and musician who worked on albums by Frank Sinatra, Natalie Cole and many o...
- 06/30/2020
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July 1-12: Northwest Houston area events to include food drive, fireworks
- Klein United Methodist Church Children’s Ministries presents a Feeding Our Neighbors Drive Thru event from 10 to 11 a.m. on July 1 in front of the Children’s Learning Center.
- 06/29/2020
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Sexy fitness influencer flaunts cellulite to expose fakery of bikini shots
- She’s the rare web star who lives up to the #NoFilter hype.
- 06/29/2020
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N.J. faces threat of severe thunderstorms, strong winds, power outages
- Weather forecasters say early rain showers will give way to stronger storms Saturday afternoon and early Saturday evening.
- 06/27/2020
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More Than 12,000 Eviction Cases Could Head To Trial As Va. Rushes To Provide Rent Relief
- Advocates called it an impossibly tight turnaround, urging Northam Thursday to extend a state-wide moratorium on evictions until after t ...
- 06/26/2020
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Startup Tackling Systemic Racism With Virtual Reality Training
- Tackling topics like systemic racism can be difficult in the workplace or classroom. Morgan Mercer saw an opportunity to use VR to create immersive learning experiences on topics such as racial discrimination and gender inequality through her venture-backed startup, Vantage Point.
- 06/26/2020
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Permian Basin sees drop in value of M&A deals
- Record low oil prices continue to take their toll on the Permian Basin of West Texas where both the number and value of merger and acquisition deals is down, a new report from the Memphis financial advisory firm Mercer Capital shows.
- 06/25/2020
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Talent managemet: how remote working is changing the market
- Whether hiring or retaining employees, COVID-19 is forcing leaders to think long term about talent management among the remote workforce.
- 06/25/2020
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Companies to cut recruitment spending
- A salary reduction of more than 30% raises concern about matters related to finances and job security
by LYDIA NATHAN/ pic by TMR FILE NINE out of 10 Malaysian employees are feeling some negative effects in the workplace with 48% reportedly impacted by remunerations and salary cuts, while 24% were required to take leave due […]
- 06/25/2020
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AIMCo parts with executives who oversaw $2.1-billion investing loss
- CEO Kevin Uebelein said executive vice-president of public equities Peter Pontikes 'is no longer employed with AIMCo.' Portfolio manager David Triska has also left
- 06/24/2020
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With more in hospital, Kemp says Georgia gaining on COVID-19
- ATLANTA (AP) - Gov. Brian Kemp said Wednesday that Georgia "continues to make solid progress in the fight against COVID-19" even as the number of people hospitalized with the respiratory illness continued to rise.
Kemp made the remarks in a recorded video that his office released Wednesday.
"Our hospitalizations remain low and surge capacity is high," the Republican said, referring to the state's efforts to build temporary hospital beds in multiple locations.
Numbers released later Wednesday show that the number of people hospitalized with coronavirus infections rose to 1,124. That's the highest number since May 12 and a 44% increase since the number of hospitalized people bottomed out on June 7.
Georgia's total infections rose to near 70,000 Wednesday, and the state has been averaging more than 1,100 new confirmed infections a day over the last 14 days. That's substantially higher than the earlier peak in late April.
"While I'm proud of our swift response and measured steps forward, we cannot grow complacent," Kemp said, urging people to wear a mask and keep their distance from others. "This virus is deadly and remains a threat to our great state."
While the number of tests has increased, Department of Public Health spokeswoman Nancy Nydam said Monday that the increasing number of hospitalizations represents a real increase in the disease level.
"Yes, there is an increase, and as I said, we expected it to happen as people started to get out and move around more," Nydam wrote in an email.
Kemp's remarks came as Democrats in the legislature asked whether Kemp would extend his emergency powers and the state's public universities continue to announce plans to resume in-person instruction.
When lawmakers approved Kemp's declaration of a public...
- 06/24/2020
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With more in hospital, Kemp says Georgia gaining on COVID-19
- ATLANTA (AP) — Gov. Brian Kemp said Wednesday that Georgia “continues to make solid progress in the fight against COVID-19” even as the number of people hospitalized with the respiratory illness...
- 06/24/2020
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FirstEnergy : JCP&L Completes Inspections and Maintenance to Enhance Customer Service Reliability Through the Summer | MarketScreener
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FirstEnergy : Penn Power Completes Inspections and Maintenance to Help Enhance Customer Service Reliability Through Summer Season | MarketScreener
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NJ Transit receives $13M from feds to help riders in 14 rural counties
- NJ Transit received an additional $13.3 million form the federal CARES act to support public transit in 14 rural counties.
- 06/24/2020
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New Decade, New Focus: The role of business is to be in business
- By focusing on our future, we need to prioritise tomorrow by concentrating on environmental, social and governance (ESG) factors … writes Premal Ranchod.
- 06/24/2020
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Companies in Malaysia focus on employee support despite Covid-19-induced cost pressure — survey
- Companies in Malaysia are decreasing recruitment budget while prioritising employee engagement and support initiatives to cope with the impact of the Covid 19 pandemic, human resource consulting firm Mercer LLC said.
- 06/24/2020
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MERCER INTERNATIONAL INC. : Ex-dividend day for | MarketScreener
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MERCER INTERNATIONAL INC. : Détachement de dividende | Zone bourse
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Kigali ranked second least expensive city in East Africa
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Fast-Growing Creative Planning Acquires Sixth RIA since March - AdvisorHub
- The $48 billion-asset Kansas firm buys Sunrise Advisors, which has about $700 million of customer assets, its sixth purchase amid the Covid-19 crisis.
- 06/23/2020
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Michelin : Assemblée générale 2020 – Questions/Réponses | Zone bourse
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‘Let’s eat:' Yankees sign ‘strong and physical’ college slugger as undrafted free agent
- The Yankees nabbed Indiana outfielder Elijah Dunham following the 2020 MLB Draft.
- 06/22/2020
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Interfor (IFSPF) Receives a Buy from RBC Capital - Markets
- RBC Capital analyst Paul Quinn maintained a Buy rating on Interfor (IFSPF – Research Report) on June 19 and set
- 06/22/2020
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No more troops will be prosecuted over alleged crimes in Afghanistan
- An inquiry by the Royal Military Police has been completed and found no evidence with which to bring charges. The move comes as the UK government proposes laws protecting soldiers.
- 06/21/2020
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From Little Richard to BLM, art activism impacts Macon
- MACON, Ga. (AP) - Before Craig Coleman taught at Mercer University, he had a frustrated student ask him during a class why Coleman always showed examples of political art.
"I said, 'Since when has art not been political?' And then I changed my lecture really quickly, and I started showing everyone paintings from the Renaissance and before that were made as statements," Coleman said. "I think it's part of art. I think it's something that artists notice. They notice what happens in the world, and if there's an injustice,... they show it. They say, 'Here's this terrible thing, and we want to get the word out. We want people to know that it happened in history.'"
Coleman, a professor of art at Mercer, recently projected a mural of Little Richard on the confederate statue at the corner of Cotton Avenue and Second Street after Little Richard's death.
"I was just thinking that it was terrible that with COVID and all the social distancing in place that there probably wouldn't be some kind of public gathering or acknowledgment in some way of his death or his life, so I just thought I'm gonna go do this right now," he said.
Although Coleman said he didn't consider his actions to be art activism, he definitely thought it was a statement and a response to Little Richard's death.
In the past two months, the Macon community has participate in or is planning several acts of art activism.
- U Create Macon announced a mural honoring Black history on the side of their building in Pleasant Hill. The mural was in response to Mercer painting over the Black history mural in Mercer Village. Dsto Moore, a Macon photographer from Pleasant Hill, created the portraits of Pleasant Hill residents to display on the wall to honor the neighborhood.
- A...
- 06/21/2020
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White Nielsen CEO explains why he appointed himself chief diversity officer
- "There is no more powerful position than the CEO and, quite honestly, this isn't going to change if the people with power don't use that power to change it," Nielsen CEO David Kenny said on "Closing Bell."
- 06/19/2020
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7 ways the coronavirus pandemic could change college this fall and forever
- CNBC Make It spoke with education experts to learn how higher education may forever be changed by the coronavirus pandemic.
- 06/19/2020
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No job-hiring process will end unless minority candidate is interviewed: VMware CEO Pat Gelsinger
- As the drive for racial equality and justice hits big corporations, VMware CEO Pat Gelsinger says the tech company is updating its diversity policy, mandating hiring managers interview at least one minority candidate for any open position.
- 06/19/2020
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3 counties in South Jersey seeing highest coronavirus growth in state
- See a map of growth in the past week of each N.J. county.
- 06/19/2020
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MetLife Unit Reaches Longevity Reinsurance Agreement With PIC
- Stocks Analysis by Zacks Investment Research covering: MetLife Inc, MGIC Investment Corporation, Aegon NV ADR. Read Zacks Investment Research's latest article on Investing.com
- 06/19/2020
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How Britain’s ultra-nationalists are being bankrolled by ultra-rich foreigners
- The London Economic | Britain has been taken over by self-professed nationalists, many of whom are funded by wealthy Americans | Politics
- 06/18/2020
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Global Refrigerated Sea Transportation Markets, 2012-2019 & 2020-2027 - COVID-19 Adjusted - ResearchAndMarkets.com
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Insuring liabilities could boost company values
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Mother of black man shot dead by Indianapolis cops sues officers
- The family of Dreasjon 'Sean' Reed, a black man who was gunned down by Indianapolis cops, have sued the police department and four officers involved in the incident.
- 06/17/2020
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When UK Firms Transfer Pension Obligations to Insurers, They See Share Boost: Report
- Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more than sector peers in
- 06/17/2020
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Pension insurance deals boost UK company shares by up to 3%, says report
- Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more than sector peers in the six months after completing the deals, a report showed on Wednesday.
- 06/17/2020
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Pension insurance deals boost UK company shares by up to 3%, says report
- Most London-listed companies that transferred pension obligations to insurance companies saw their share prices rise by up to 3% more than sector peers in the six months after completing the deals, a report showed on Wednesday.
- 06/17/2020
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Suit filed over black man's killing by Indianapolis officer
- INDIANAPOLIS (AP) — The mother of a black man who was killed by an Indianapolis police officer filed a federal wrongful death lawsuit Tuesday against the city, its police department and four officers, including the one who fired the fatal shots. The lawsuit alleges the Indianapolis Metropolitan Police Department failed to adequately train, screen and supervise officers to prevent them from engaging in excessive or deadly force, including Dejoure Mercer, the black police officer who shot and killed Dreasjon “Sean” Reed on May 6 during a foot chase. The complaint says Mercer’s “use of excessive and deadly force resulted in the unlawful shooting death” of Reed, 21, and alleges his constitutional right to due process was violated. It seeks unspecified damages. Reed’s mother, Demetree Wynn, watched with her attorneys and relatives as white doves were released during a news conference Tuesday outside the federal courthouse in Indianapolis to mark what would have been Reed’s 22nd birthday. “I can’t stand with him because he was taken away from me. Now he’s flying away and I can’t bring him back,” she said tearfully, before adding, “This fight’s not over.” Police have said they began pursuing Reed after officers, including Chief Randal Taylor, saw someone driving recklessly on Interstate 65. Supervisors ordered an end to that pursuit because the vehicle was going nearly 90 mph (145 kph), police said. An officer later spotted the car on a city street and chased Reed on foot before police say Reed and the officer exchanged gunfire. Assistant Chief Chris Bailey has said a gun found near Reed appeared to have been fired at least twice. Attorneys for Reed's family have insisted that he didn’t exchange gunfire with the officer who shot him. The...
- 06/17/2020
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Pension insurance deals boost UK company shares by up to 3%, says report
- Pension insurance deals boost UK company shares by up to 3%, says report
- 06/17/2020
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U.S. investors fear another market drop, cool on hedge funds: new data
- Investors who lived through this year's historic market sell-off only to see stocks bounce higher say they are most frightened of another drop and have become more wary of alternatives like hedge funds, a new report released on Tuesday shows.
- 06/16/2020
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FirstEnergy : JCP&L 2020 Tree Trimming Program to Enhance Service Reliability | MarketScreener
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New Jersey AG: Police agencies must release names of officers disciplined for serious offenses
- New Jersey law enforcement agencies will be required to release the names of officers who were disciplined for what are considered serious offenses.
- 06/16/2020
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Suit filed over black man's killing by Indianapolis officer
- INDIANAPOLIS (AP) — The mother of a black man who was killed by an Indianapolis police officer filed a federal wrongful death lawsuit Tuesday against the city, its police department and four...
- 06/16/2020
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Morgan Stanley Names Mercer Exec to Run Graystone Wealth Unit - AdvisorHub
- Morgan Stanley Wealth continued its strategy shift of building assets through servicing employer plans by hiring a benefits outsider to run its Graystone Consulting unit and a hedge fund vet to develop institutional client strategies.
- 06/16/2020
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Context Summits : and Mercer Report Reveals High Investor Conviction in Hedge Funds Despite the Global Pandemic | MarketScreener
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Sequential Minimal Optimization for Support Vector Machines
- In this blog, I will discuss about the Sequential Minimal Optimization(SMO) which is an Optimization technique that is used for training…
- 06/16/2020
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Galaxy Digital and CAIS Offer Digital Assets Access to Financial Advisors | Finance Magnates
- Galaxy Digital Holdings Ltd., through its asset management affiliate Galaxy Digital Capital Management LP, and CAIS today announced a strategic partnership.
- 06/16/2020
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Context Summits and Mercer Report Reveals High Investor Conviction in Hedge Funds Despite the Global Pandemic
- Context Summits, the leader in the one-on-one conference format for the alternative investment industry and Mercer, a global leader in redefining the
- 06/16/2020
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European investors' appetite for risk growing
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Hong Kong Expats on Edge After the Toughest Year in Decades
- Hong Kong Expats on Edge After the Toughest Year in Decades
- 06/15/2020
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Dublin named most expensive place to live in eurozone
- Dublin has been named as one of the most expensive places to live in Europe and has ranked as the number one most expensive city in the eurozone.
- 06/14/2020
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Tinsley Mortimer announces her move to Chicago to marry Scott Kluth
- While her now-fiancé Scott Kluth had yet to 'physically' provide a ring at the time, Tinsley Mortimer informed Leah McSweeney she knew they would get married.
- 06/11/2020
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Women in Film LA, ReFrame and IMDbPro Announce Winners and Finalists of CURBSIDE SHORTS – Two-Minute Film Challenge
- Press release content from Business Wire. The AP news staff was not involved in its creation.
- 06/11/2020
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Obama advisor Valerie Jarrett on how far CEOs need to go in support for racial equality
- Valerie Jarrett says corporate leaders need to use their business leverage to challenge politicians who don't act on key race issues, like law-enforcement reform and mail-in voting.
- 06/11/2020
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Companies are making bold promises about greater diversity — there's a long way to go
- U.S. companies need to diversify and be representative of the country at large, and investors will hold them accountable.
- 06/11/2020
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Hong Kong ranks top among 10 most expensive cities to be an expat
- Hong Kong ranked as the most expensive city to live and work overseas in, according to a new report highlighting the economic fallout of the coronavirus pandemic on the expatriate market.
- 06/11/2020
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This is the most expensive Indian city for expats, Delhi at No. 2: Survey
- According to Mercer's '2020 Cost of Living Survey', Mumbai is the 60th most expensive city for expatriates globally, while it ranks 19th in Asia. However, Mumbai, India's financial capital, has emerged as the most expensive city in the country for expatriates in terms of cost of living, a survey said on Tuesday.
- 06/10/2020
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Tunis, ville la moins chère au monde pour les expatriés, selon Mercer
- On aurait peine à le croire, et pourtant c’est une vérité actée et validée par la dernière édition publiée mardi du baromètre annuel du cabinet Mercer
- 06/09/2020
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Mumbai most expensive Indian city for expats: Survey
- According to Mercer's '2020 Cost of Living Survey', Mumbai is the 60th most expensive city for expatriates globally, while it ranks 19th in Asia.
- 06/09/2020
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Marsh & McLennan : Organizations Revamp Mobility Programs With Alternate Forms of International Assignments and a Focus on Employee Well-Being | MarketScreener
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Steve Bannon Has Failed at Everything He Has Tried - Now He Works for a Neocon Chinese Billionaire to Depose the Chinese Gov't. Good Luck With That.
- Editor's Note: The man who banged the drum for 'America First!' is now an errand boy for wealthy Chinese who are working with (and most importantly, taking money from) the Neocon zealots in Washington, still striving for that elusive world hegemony. A reincarnation that exposes Bannon's 'nationalism', as a pathetic fraud he will never recover from. Eric Striker, editor of National Justice had a great article about Bannon's anti-China capers back in April. Quite the eye-opener. The New York Times wrote an approving profile of Bannon's new gravy train in December of 2018.
- 06/09/2020
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Hong Kong still most expensive city for expats
- Hong Kong retains its place atop the rankings for a third straight year, according to the latest Mercer annual report.
- 06/09/2020
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Hong Kong, Tokyo among world’s most expensive cities for expats
- Six of the top 10 most expensive cities for expats are in Asia. Hong Kong claimed the title for the second year in a row, despite being rocked by months of protests. Ashgabat and Tokyo rounded out the top three.
- 06/09/2020
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UK locations climb list of world's most expensive cities to live
- All UK locations in the annual survey climbed in this year’s ranking, mainly because of sterling's strength against the US dollar
- 06/09/2020
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UK cities climb list of world's most expensive locations to live
- All UK locations in the annual survey climbed in this year’s ranking, mainly because of sterling's strength against the US dollar
- 06/09/2020
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The most expensive places to live in the UK
- All UK cities included in the annual survey climbed in this year's ranking, mainly due to the strength of sterling against the US dollar, according to the research
- 06/09/2020
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UK cities move up rankings in global cost of living survey - Evening Telegraph
- UK cities including London, Birmingham, Glasgow and Belfast have moved up the rankings in a global survey of the most expensive places to live.
- 06/08/2020
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RH : où loger ses expatriés désormais ?
- La crise sanitaire incite notamment les entreprises à revoir leurs programme de mobilité internationale tout en continuant à veiller au...
- 06/08/2020
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The 10 Most Expensive Cities In The World Just Became Pricier
- The 10 most expensive cities in the world are certainly not those that you would expect. This ranking raises more questions than it answers.
- 06/08/2020
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How I Learned to Ask for a Raise
- An insightful guide on how to ask for raises, from your interview process to your annual review.
- 06/06/2020
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Faces of 21 youngest killers who took a life in their teens
- These baby faced killers committed crimes that sent shockwaves across our region
- 06/06/2020
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The stocks to watch in the COVID-19 era
- Can the stocks that have risen the fastest after the start of COVID-19 maintain the momentum? Stewart Oldfield outlines what to keep an eye on, especially during the upcoming reporting season.
- 06/05/2020
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Benzinga's Top Upgrades, Downgrades For June 5, 2020
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RBC Capital Downgrades Mercer International to Sector Perform, Lowers Price Target to $9
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Boarded-Up SoHo Stores Still Eager To Reopen Next Week, BP Says
- In tours of Downtown Manhattan, the borough president found looting-ravaged streets still pushing toward a long-awaited June 8 opening.
- 06/04/2020
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Asia-Pacific pension funds boosting alts, equities – report
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Flo Kamberi fired Hibs warning Rangers loanee told he won't be welcome back
- The striker angered supporters with his comments when he moved to Rangers and Paul Kane insists there's no chance fans will accept him going back.
- 06/04/2020
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Corporate plan funding ratios rise in May – 3 reports
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Americans may get the chance to change their health benefits—here's what you need to know
- Under the new guidelines released by the IRS last month, employees can change health insurance plans and sign on for a plan if they previously waived coverage, as well as alter the contribution levels to the health and dependent care FSA plans. But it all depends on whether you employer allows these changes.
- 06/03/2020
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Virgil Abloh apologises for 'looting' comments and $50 bail donation
- Off-White and Louis Vuitton Menswear designer Virgil Abloh has responded to backlash that followed his critical comments about looters targeting streetwear stores and his public $50 donation to a Miami bail fund.
- 06/02/2020
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Mercer International announces 30 days downtime at its Celgar mill in Canada
- Mercer International Inc. reports that its Celgar mill in British Columbia, Canada, in addition to regularly planned maintenance downtime of five days, will be taking approximately 30 days of additional downtime (aggregate 52,000 ADMTs) in July 2020.
- 06/01/2020
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NJ Coronavirus, Reopen Updates: Here's What You Need To Know
- Here's how NJ towns and counties are impacted, as well as the latest developments on the coronavirus crisis and reopenings in NJ.
- 06/01/2020
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For managers in Asia, it’s almost business as usual
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Best Home Depot Deals Worth Your Money | Investing Magazine
- Home Depot is the largest home improvement store in America. It supplies pretty much everything you would ever need to complete a project at home, including tools, construction materials, home décor, and installation services. Headquartered in Atlanta, Home Depot was founded in 1978 and has grown to have 2,285 locations. Though you can get really …
- 05/31/2020
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Mum of Rhys Jones won't watch Little Boy Blue because it's 'too upsetting'
- The murdered schoolboy's dad spoke to the Echo after the drama was shown on TV for a second time
- 05/30/2020
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Mercer International Inc. Announces 30 Days Downtime at its Celgar Mill
- NEW YORK, May 29, 2020 -- Mercer International Inc. ("Mercer") (Nasdaq: MERC) reports that its Celgar mill, in addition to regularly planned maintenance downtime of five days,.
- 05/29/2020
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Mercer : Paper Highlights Governance as Key to Address and Mitigate Global Systemic Risks While Pursuing Returns | MarketScreener
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Rhys Jones killer caught chatting up woman "deserves nothing"
- Murderer Sean Mercer has reportedly had a secret device to conduct an ongoing romantic chat with a female friend while behind bars
- 05/29/2020
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Mercer Paper Highlights Governance as Key to Address and Mitigate Global Systemic Risks While Pursuing Returns
- Mercer released today its “COVID-19 – Investment Governance and Strategy to Navigate a Pandemic-Driven Market Crisis” report.
- 05/29/2020
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Rhys' killer's 'mobile phone dating' from jail 'beggars belief'
- Sean Mercer was jailed after firing the fatal shot that killed 11-year-old Rhys Jones
- 05/28/2020
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The Scottish football takeovers that never were
- With an offer of investment rejected at Tynecastle we look at the strangest takeover bids of the past.
- 05/28/2020
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Thug who supplied gun which killed boy, 11, free to return to site of murder
- James Yates, 32, was jailed in 2007 after providing the weapon to killer Sean Mercer and later helping him to destroy the weapon following the shooting in Croxteth, Liverpool
- 05/28/2020
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Otro escollo para los planes de empleo
- El efecto de los ERTE reduce las cuantías de las aportaciones
- 05/28/2020
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I had Sean Mercer's name 20 mins after the Rhys Jones murder
- Volunteer says that future of the Rhys Jones Centre is now under threat due to funding crisis
- 05/27/2020
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Muere Glyn Pardoe, el lateral del City al que George Best casi arranca la pierna
- Glyn Pardoe, el recordado lateral izquierdo que defendió la camiseta del Manchester City entre 1962 y 1976, murió el lunes a los 73 años. "Siempre serás mi héroe", anunció Tommy Do
- 05/26/2020
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Where Rhys Jones' killer and Croxteth Crew are now - from freedom to 'drug boss'
- Rhys Jones' killer Sean Mercer was helped in various ways by 10 other people, including his mother, with nine jailed for their involvement in the murder
- 05/25/2020
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Clue that finally snared Rhys Jones’ killers after painstaking fight for justice
- The tragic death of Rhys Jones is the focus of ITV's Little Boy Blue, telling how the 11-year-old football lover was gunned down as on he walked home from football practise
- 05/25/2020
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The Mercer International (NASDAQ:MERC) Share Price Is Down 45% So Some Shareholders Are Getting Worried
- Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...
- 05/25/2020
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Virtual therapy, yoga, pet parties: Banks' answers to worker stress
- Demand has soared for mental health services as bank employees put in long hours, supervise kids while working at home and endure personal crises. Citi, BofA, Fifth Third and others are getting creative to help them decompress during the pandemic.
- 05/25/2020
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Rhys Jones' murderer 'tried to sue ITV' over Little Boy Blue
- Sean Mercer was reportedly considering a shameless defamation bid over the show
- 05/24/2020
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What happened to Rhys Jones killer Sean Mercer and his gang
- Eleven people, including Mercer's mother, were jailed for Rhys' murder and the cover-up
- 05/24/2020
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‘I felt violated.’ This man says he was fired for ‘gross insubordination’ for refusing to reveal his mother’s COVID-19 diagnosis
- Christopher Wells told MarketWatch, ‘I felt I didn’t have a fair shot at securing my job.’
- 05/23/2020
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N.J. deaths up 34% in May, state data shows. But that may not be entirely bad news.
- While death remains uncommonly high amid the pandemic, May has proven nowhere near as grim as April.
- 05/23/2020
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Iowa City Suspends 4th Of July Fireworks, Announces City Pool Updates
- "The City Park Pool is set to be closed indefinitely, through its normal summer season."
- 05/22/2020
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