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Mercer International Inc. - MERC STOCK NEWS

Welcome to our dedicated news page for Mercer International (Ticker: MERC), a resource for investors and traders seeking the latest updates and insights on Mercer International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mercer International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mercer International's position in the market.

Rhea-AI Summary
Mercer International Inc. will announce its first quarter 2024 results on May 9, 2024, with a conference call hosted by the CEO and CFO on May 10, 2024. The company operates globally in forest products with significant production capacity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.38%
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-
Rhea-AI Summary
West Fraser Timber Co. and Mercer International Inc. have agreed to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will become the sole owner/operator of the mill, ensuring continuity for the workforce and business operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
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none
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Rhea-AI Summary
Mercer International Inc. announced the resignation of Jimmy Lee as Executive Chairman due to personal health reasons. William McCartney appointed as Interim Chairman. The company restructured its governance for an independent Chairman. Mercer praised Lee's contributions and expressed confidence in the new leadership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
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none
Rhea-AI Summary
Mercer International Inc. reported a fourth-quarter Operating EBITDA of $21.1 million and a net loss of $87.2 million. Full-year 2023 Operating EBITDA was $17.5 million with a net loss of $242.1 million. The company continued to strengthen its mass timber business in 2023 and declared a quarterly cash dividend of $0.075 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.44%
Tags
dividends
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Rhea-AI Summary
Mercer International (MERC) is set to release its fourth-quarter results for the period ending December 31, 2023. The company's President and CEO, Juan Carlos Bueno, along with CFO and Secretary Richard Short, will host a conference call to discuss the results. Mercer International Inc. is a global forest products company with operations in Germany, the United States, and Canada, with a significant annual production capacity of various products.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
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Rhea-AI Summary
Mercer International Inc. (Nasdaq: MERC) announced that President and CEO Juan Carlos Bueno and CFO & Secretary Richard Short will present at the 27th Annual CIBC Western Institutional Investor Conference from January 17-19, 2024, at Fairmont Chateau Whistler, British Columbia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
conferences
Rhea-AI Summary
Mercer International Inc. (Nasdaq: MERC) CFO to attend BofA Securities 2023 Leveraged Finance Conference and UBS Industrials Summit. Presentation to be posted on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.37%
Tags
conferences
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Rhea-AI Summary
Mercer International Inc. reported an Operating EBITDA of $37.5 million and a net loss of $26.0 million in the third quarter of 2023. The company saw continued growth and integration of its mass timber business. They also enhanced liquidity by completing a $200 million senior note issue and expanding availability under a German revolving credit facility by €70 million. A quarterly cash dividend of $0.075 per share was declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.32%
Tags
dividends
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Rhea-AI Summary
Mercer International (NASDAQ: MERC) will release its Q3 results on November 2, 2023, after the market close. A conference call to discuss the results will be held on November 3, 2023. Mercer International Inc. is a global forest products company with operations in Germany, the United States, and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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Rhea-AI Summary
Mercer International Inc. CFO to present at TD Securities conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.31%
Tags
conferences
Mercer International Inc.

Nasdaq:MERC

MERC Rankings

MERC Stock Data

628.00M
54.22M
38.22%
62.34%
2.21%
Pulp Mills
Manufacturing
Link
Canada
Vancouver

About MERC

mercer's core purpose: provider of fiber, renewable energy and chemicals, from sustainable sources, for essential human needs. mercer is one of the world's largest producers of nbsk market pulp, by capacity. producing approximately 1.525 admt annually between our three mills, mercer serves customers in asia, europe and, north america. with some of the most modern facilities in the world, mercer's mills in canada and germany have established a reputation for superior product, consistent quality and outstanding service. our modern facilities mean low capital requirements, high efficiency, state-of-the-art environmental compliance and net energy producers.