Latest Mercer International Inc (MERC) Headlines
Mercer International Inc. Reports 2013 Fourth Quarter and Year End Results
GlobeNewswire - Thu Feb 13, 3:30PM CST
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the fourth quarter and year ended December 31, 2013. Operating EBITDA* in the fourth quarter of 2013 was $27.2 million after giving effect to $2.6 million in restructuring expenses, compared to $27.7 million in the same quarter of last year and $32.8 million in the third quarter of 2013. For 2013, Operating EBITDA was $110.3 million and included $6.4 million in restructuring expenses, compared to $137.7 million in 2012.
A.M. Best Affirms Ratings of Cigna Corporation and Its Subsidiaries
A.M. Best Company - AMBest - Thu Feb 13, 1:02PM CST
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of the key life/health subsidiaries as well as the medical health maintenance organizations (HMO) and dental HMO subsidiaries of Cigna Corporation (Cigna) (Bloomfield, CT) [NYSE: CI]. Concurrently, A.M. Best has affirmed the ICR of "bbb" and long-term debt ratings of Cigna.
Totango Lands $15.5 Million to Empower Customer Success Officers With the 'Truth'
Marketwire - Wed Feb 05, 6:30AM CST
Totango, the leader in customer success and user engagement management, today announced $15.5 million in Series B financing led by new investors from the Canvas Venture Fund and InterWest Partners, with participation from returning investors Pitango Venture Capital and Gemini Israel Ventures. Gary Little, managing director at the Canvas Venture Fund, and Doug Pepper, general partner at InterWest Partners, will join Totango's Board.
Mercer International Inc. Announces Conference Call for Fourth Quarter and Fiscal Year End 2013 Results
GlobeNewswire - Fri Jan 31, 3:30PM CST
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its fourth quarter and full year financial results for the period ended December 31, 2013 on Thursday, February 13, 2014, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 14, 2014, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
DRIcore SMARTWALL(R) Big "Game-Changer" for Basement Renovations
Marketwire - Tue Jan 21, 7:04AM CST
Editors Note: There are two photos associated with this press release.
Mercer International Inc. to Present at Upcoming 17th Annual CIBC Whistler Institutional Investor Conference
GlobeNewswire - Tue Jan 07, 3:30PM CST
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Executive Vice President, CFO and Secretary, David Gandossi, will be participating in a "Pulp Outlook" Panel at the following conference:
Mercer International (MERC) in Focus: Stock Rises 5% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Nov 29, 7:15AM CST
Mercer International (MERC) was a big mover last session, as the company saw its shares rise by a little over 5% on the day.
Mercer International Inc. Reports Improved 2013 Third Quarter Results
GlobeNewswire - Thu Oct 31, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the third quarter ended September 30, 2013. Operating EBITDA* increased in the third quarter of 2013 to EUR24.8 million ($32.9 million) from EUR22.3 million ($27.9 million) in the third quarter of 2012 and EUR14.0 million ($18.3 million) in the second quarter of 2013. Current quarter Operating EBITDA includes EUR2.9 million of severance and personnel costs associated with our Celgar mill workforce reduction.
Mercer International Inc. Announces Conference Call for Third Quarter 2013 Results
GlobeNewswire - Fri Oct 18, 3:30PM CDT
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its third quarter financial results for the period ended September 30, 2013 on Thursday, October 31, 2013, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, November 1, 2013, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
Nasdaq stocks posting largest percentage decreases
AP - Mon Sep 16, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Mercer International Inc. (MERC) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Sep 16, 5:16AM CDT
Mercer International Inc. (MERC) Enters Overbought Territory
Mercer International Inc. to Present at Upcoming 2013 RBC Capital Markets' Global Industrials Conference
GlobeNewswire - Fri Sep 06, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Chairman, CEO and President Jimmy Lee and Executive Vice President, CFO and Secretary David Gandossi will be presenting at the following upcoming conference:
Mercer International Inc. to Present at Upcoming Jefferies 2013 Global Industrials Conference
GlobeNewswire - Mon Aug 05, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Executive Vice President, CFO and Secretary David Gandossi will be presenting at the following upcoming conference:
Mercer International Inc. Reports 2013 Second Quarter Results
GlobeNewswire - Thu Aug 01, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the second quarter ended June 30, 2013. Operating EBITDA* in the second quarter of 2013 was EUR14.0 million ($18.3 million), compared to EUR32.9 million ($42.2 million) in the second quarter of 2012 and EUR24.3 million ($32.1 million) in the first quarter of 2013.
Mercer International Inc. Announces Closing of $50 Million Senior Note Offering
GlobeNewswire - Mon Jul 22, 3:30PM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) announced today that it has closed its registered public offering of $50 million aggregate principal amount of its 9.5% senior notes due 2017. The additional notes were priced at 104.5% of their principal amount, plus accrued interest from June 1, 2013.
Mercer International Inc. Announces Conference Call for Second Quarter 2013 Results
GlobeNewswire - Thu Jul 18, 3:30PM CDT
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its second quarter financial results for the period ended June 30, 2013 on Thursday, August 1, 2013, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, August 2, 2013, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
Mercer International Inc prices offering of USD50m senior notes
M2 - Thu Jul 18, 6:16AM CDT
Pulp company Mercer International Inc (TSX:MRI.U) revealed on Wednesday that it has priced its offering of USD50m aggregate principal amount of its 9.5% senior notes due 2017.
Mercer International Inc. Announces Pricing of $50 Million of Senior Notes
GlobeNewswire - Wed Jul 17, 8:11PM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) today announced that it has priced its previously announced offering of $50 million aggregate principal amount of its 9.5% senior notes due 2017. The additional notes were priced at 104.5% of their principal amount, plus accrued interest, if any, from June 1, 2013. The notes were offered as additional notes under an existing indenture, dated as of November 17, 2010, between Mercer and Wells Fargo Bank, National Association, as trustee, pursuant to which Mercer previously issued $300 million aggregate principal amount of 9.5% senior notes due 2017. The additional notes will have the same CUSIP number, be fully fungible with, rank equally with and form a single series with the Company's existing senior notes. The Company anticipates that the offering will close on or around July 22, 2013, subject to customary closing conditions.
Mercer International Inc. Announces Proposed Offering of $50 Million of Senior Notes
GlobeNewswire - Wed Jul 17, 8:37AM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) today announced that it plans to offer in a registered offering, subject to market and other conditions, $50 million aggregate principal amount of its 9.5% senior notes due 2017. The notes will be issued as additional notes under an indenture, dated as of November 17, 2010, between Mercer and Wells Fargo Bank, National Association, as trustee, pursuant to which Mercer previously issued $300 million aggregate principal amount of 9.5% senior notes due 2017. The additional notes will have the same CUSIP number, be fully fungible with, rank equally with and form a single series with the Company's existing senior notes. Mercer intends to use the net proceeds from the offering to repay revolving credit indebtedness and for general corporate purposes.
Mercer International Inc. Reports 2013 Fourth Quarter and Year End Results
GlobeNewswire - Thu Feb 13, 3:30PM CST
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the fourth quarter and year ended December 31, 2013. Operating EBITDA* in the fourth quarter of 2013 was $27.2 million after giving effect to $2.6 million in restructuring expenses, compared to $27.7 million in the same quarter of last year and $32.8 million in the third quarter of 2013. For 2013, Operating EBITDA was $110.3 million and included $6.4 million in restructuring expenses, compared to $137.7 million in 2012.
A.M. Best Affirms Ratings of Cigna Corporation and Its Subsidiaries
A.M. Best Company - AMBest - Thu Feb 13, 1:02PM CST
A.M. Best has affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit rating (ICR) of "a" of the key life/health subsidiaries as well as the medical health maintenance organizations (HMO) and dental HMO subsidiaries of Cigna Corporation (Cigna) (Bloomfield, CT) [NYSE: CI]. Concurrently, A.M. Best has affirmed the ICR of "bbb" and long-term debt ratings of Cigna.
Totango Lands $15.5 Million to Empower Customer Success Officers With the 'Truth'
Marketwire - Wed Feb 05, 6:30AM CST
Totango, the leader in customer success and user engagement management, today announced $15.5 million in Series B financing led by new investors from the Canvas Venture Fund and InterWest Partners, with participation from returning investors Pitango Venture Capital and Gemini Israel Ventures. Gary Little, managing director at the Canvas Venture Fund, and Doug Pepper, general partner at InterWest Partners, will join Totango's Board.
Mercer International Inc. Announces Conference Call for Fourth Quarter and Fiscal Year End 2013 Results
GlobeNewswire - Fri Jan 31, 3:30PM CST
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its fourth quarter and full year financial results for the period ended December 31, 2013 on Thursday, February 13, 2014, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, February 14, 2014, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
DRIcore SMARTWALL(R) Big "Game-Changer" for Basement Renovations
Marketwire - Tue Jan 21, 7:04AM CST
Editors Note: There are two photos associated with this press release.
Mercer International Inc. to Present at Upcoming 17th Annual CIBC Whistler Institutional Investor Conference
GlobeNewswire - Tue Jan 07, 3:30PM CST
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Executive Vice President, CFO and Secretary, David Gandossi, will be participating in a "Pulp Outlook" Panel at the following conference:
Mercer International (MERC) in Focus: Stock Rises 5% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Nov 29, 7:15AM CST
Mercer International (MERC) was a big mover last session, as the company saw its shares rise by a little over 5% on the day.
Mercer International Inc. Reports Improved 2013 Third Quarter Results
GlobeNewswire - Thu Oct 31, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the third quarter ended September 30, 2013. Operating EBITDA* increased in the third quarter of 2013 to EUR24.8 million ($32.9 million) from EUR22.3 million ($27.9 million) in the third quarter of 2012 and EUR14.0 million ($18.3 million) in the second quarter of 2013. Current quarter Operating EBITDA includes EUR2.9 million of severance and personnel costs associated with our Celgar mill workforce reduction.
Mercer International Inc. Announces Conference Call for Third Quarter 2013 Results
GlobeNewswire - Fri Oct 18, 3:30PM CDT
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its third quarter financial results for the period ended September 30, 2013 on Thursday, October 31, 2013, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, November 1, 2013, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
Nasdaq stocks posting largest percentage decreases
AP - Mon Sep 16, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
Mercer International Inc. (MERC) Enters Overbought Territory - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Sep 16, 5:16AM CDT
Mercer International Inc. (MERC) Enters Overbought Territory
Mercer International Inc. to Present at Upcoming 2013 RBC Capital Markets' Global Industrials Conference
GlobeNewswire - Fri Sep 06, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Chairman, CEO and President Jimmy Lee and Executive Vice President, CFO and Secretary David Gandossi will be presenting at the following upcoming conference:
Mercer International Inc. to Present at Upcoming Jefferies 2013 Global Industrials Conference
GlobeNewswire - Mon Aug 05, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today announced that Executive Vice President, CFO and Secretary David Gandossi will be presenting at the following upcoming conference:
Mercer International Inc. Reports 2013 Second Quarter Results
GlobeNewswire - Thu Aug 01, 3:30PM CDT
Mercer International Inc. (Nasdaq:MERC) (TSX:MRI.U) today reported results for the second quarter ended June 30, 2013. Operating EBITDA* in the second quarter of 2013 was EUR14.0 million ($18.3 million), compared to EUR32.9 million ($42.2 million) in the second quarter of 2012 and EUR24.3 million ($32.1 million) in the first quarter of 2013.
Mercer International Inc. Announces Closing of $50 Million Senior Note Offering
GlobeNewswire - Mon Jul 22, 3:30PM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) announced today that it has closed its registered public offering of $50 million aggregate principal amount of its 9.5% senior notes due 2017. The additional notes were priced at 104.5% of their principal amount, plus accrued interest from June 1, 2013.
Mercer International Inc. Announces Conference Call for Second Quarter 2013 Results
GlobeNewswire - Thu Jul 18, 3:30PM CDT
Mercer International (Nasdaq:MERC) (TSX:MRI.U) will release its second quarter financial results for the period ended June 30, 2013 on Thursday, August 1, 2013, after the close of the market. Jimmy S.H. Lee, Chairman, Chief Executive Officer and President, and David M. Gandossi, Executive Vice President, Chief Financial Officer and Secretary, will be hosting a conference call on Friday, August 2, 2013, at 10:00am ET to discuss the results. The call can be accessed by dialing one of the following:
Mercer International Inc prices offering of USD50m senior notes
M2 - Thu Jul 18, 6:16AM CDT
Pulp company Mercer International Inc (TSX:MRI.U) revealed on Wednesday that it has priced its offering of USD50m aggregate principal amount of its 9.5% senior notes due 2017.
Mercer International Inc. Announces Pricing of $50 Million of Senior Notes
GlobeNewswire - Wed Jul 17, 8:11PM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) today announced that it has priced its previously announced offering of $50 million aggregate principal amount of its 9.5% senior notes due 2017. The additional notes were priced at 104.5% of their principal amount, plus accrued interest, if any, from June 1, 2013. The notes were offered as additional notes under an existing indenture, dated as of November 17, 2010, between Mercer and Wells Fargo Bank, National Association, as trustee, pursuant to which Mercer previously issued $300 million aggregate principal amount of 9.5% senior notes due 2017. The additional notes will have the same CUSIP number, be fully fungible with, rank equally with and form a single series with the Company's existing senior notes. The Company anticipates that the offering will close on or around July 22, 2013, subject to customary closing conditions.
Mercer International Inc. Announces Proposed Offering of $50 Million of Senior Notes
GlobeNewswire - Wed Jul 17, 8:37AM CDT
Mercer International Inc. ("Mercer" or the "Company") (Nasdaq:MERC) (TSX:MRI.U) today announced that it plans to offer in a registered offering, subject to market and other conditions, $50 million aggregate principal amount of its 9.5% senior notes due 2017. The notes will be issued as additional notes under an indenture, dated as of November 17, 2010, between Mercer and Wells Fargo Bank, National Association, as trustee, pursuant to which Mercer previously issued $300 million aggregate principal amount of 9.5% senior notes due 2017. The additional notes will have the same CUSIP number, be fully fungible with, rank equally with and form a single series with the Company's existing senior notes. Mercer intends to use the net proceeds from the offering to repay revolving credit indebtedness and for general corporate purposes.
