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.
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 [email protected] or 646-581-9980, ext.
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.
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.
Executives Buying Mercer International And 2 Other Stocks
Although U.S. stocks closed mixed on Monday, there were a few notable insider trades.
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.
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.
