|Bid||14.44 x 800|
|Ask||15.12 x 1800|
|Day's Range||14.38 - 14.98|
|52 Week Range||9.36 - 19.14|
|Beta (3Y Monthly)||1.59|
|PE Ratio (TTM)||7.74|
|Earnings Date||Feb 14, 2019|
|Forward Dividend & Yield||0.50 (4.36%)|
|1y Target Est||24.33|
NEW YORK , Jan. 15, 2019 /PRNewswire/ -- S&P MidCap 400 constituent Teleflex Inc. (NYSE: TFX) will replace PG&E Corp. (NYSE: PCG) in the S&P 500, S&P SmallCap 600 constituent Green Dot Corp. (NYSE: GDOT) ...
Teleflex Inc. , a single-use medical devices company, will replace PG&E Corp. in the S&P 500 effective Jan. 18, the S&P Dow Jones Indices announced Tuesday. The changes come as PG&E indicated its intention to file for Chapter 11 bankruptcy later this month and is no longer eligible for inclusion in the large-cap index. Meanwhile, Green Dot Corp. , a personal finance company, will take Teleflex's spot in the S&P MidCap 400 while Mercer International Inc. will replace Green Dot in the S&P SmallCap 600 ahead of Friday's opening.
NEW YORK, Jan. 14, 2019 -- Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming.
“Market conditions are changing. The continued rise in interest rates suggests we are in the early stages of a bond bear market, which could intensify as central banks withdraw liquidity. The receding tide of liquidity will start to reveal more rocks beyond what has been exposed in emerging markets so far, and the value of […]
Investors may want to consider Mercer International Inc. (MERC), a Canadian producer and seller of northern bleached softwood kraft pulp, as they review their portfolios. Mercer closed fiscal 2017 with adjusted diluted earnings of $1.08 per share, which reflected 100.8% growth from the previous year. Warning! GuruFocus has detected 2 Warning Signs with MERC.
Poor competition in the market for advice to pension fund trustees has resulted in "substantial customer detriment", Britain's competition watchdog said on Wednesday. UK pension schemes have total assets of 1.6 trillion pounds, and the Competition and Markets Authority (CMA) made site visits to the three major advisers: Aon (AON.N), Mercer (MERC.O), and Willis Towers Watson (WLTW.O). Pension scheme are required by law to seek advice before investing, and the CMA found that half of them buy fiduciary management from the investment consultants they already hire.
Poor competition in the market for consultants who advise pension funds has resulted in "substantial customer detriment", Britain's Competition and Markets Authority said on Wednesday. The CMA announced a range of reforms to the investment consultancy and fiduciary management sector, saying it was vital that competition works well. Remedies include mandatory tendering when pension trustees first purchase fiduciary management services, and a requirement on investment consultants to separate marketing of their fiduciary management service from their investment advice.
NEW YORK, Dec. 11, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
NEW YORK, Dec. 10, 2018 -- Mercer International Inc. (Nasdaq: MERC) ("Mercer") today announced that it has completed its previously announced acquisition of Daishowa-Marubeni.
Mercer International Inc. (MERC) (the "Company") today announced the pricing of its previously announced offering of $350 million aggregate principal amount of 7.375% senior notes due January 15, 2025 (the "2025 Notes"). The 2025 Notes are being issued at a price of 100% of their principal amount. The net proceeds from the offering will be used, together with cash on hand, to finance the purchase price under the previously announced acquisition of all of the outstanding shares of Daishowa-Marubeni International Ltd. (the "Acquisition") and to pay fees and expenses.
Moody's Investors Service, (Moody's) assigned a Ba3 rating to Mercer International Inc.'s (Mercer) new $350 million senior unsecured notes offering. Mercer intends to use the net proceeds of this offering to finance a portion of the recently announced acquisition of Daishowa-Marubeni International Ltd. (DMI).
Mercer International Inc. (MERC) (the "Company") today announced that it intends to offer for sale (the "Offering") $350 million in aggregate principal amount of senior notes due 2025 (the "2025 Notes"). The Offering is not conditioned upon the completion of the Acquisition. However, in the event that the Acquisition is not consummated on or prior to January 31, 2019 or if the share purchase agreement respecting the Acquisition is terminated any time prior thereto, the Company will be required to redeem in whole and not in part the aggregate principal amount of the outstanding notes on a special mandatory redemption date at a redemption price equal to 100% of the aggregate principal amount of the notes plus accrued and unpaid interest.
The Vancouver, British Columbia-based company said it had net income of 63 cents per share. The pulp company posted revenue of $331.1 million in the period. Mercer International shares have increased 20 ...
Selected Highlights Third quarter net income of $41.2 million ($0.63 per share) and Operating EBITDA* of $86.7 millionStable pulp price realizations in the quarterCompleted.
The speculative grade liquidity rating is affirmed at SGL-1 and the rating outlook remains stable. "Mercer's ratings upgrade is based on our expectation that leverage will be maintained at or below 2.5x over the next 12 to 18 months following the anticipated close of the Daishowa-Marubeni International Ltd. (DMI) acquisition by year-end and the expectation that pulp prices will likely decline from current higher-than-normal prices", said Ed Sustar, Senior Vice President with Moody's.
Moody's Investors Service ("Moody's") said Mercer International Inc's ("Mercer", Ba3 stable) announced plans to acquire Daishowa-Marubeni International Ltd. (DMI), a Canadian pulp producer, for about $359 million is a credit positive. This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.
If you own shares in Mercer International Inc (NASDAQ:MERC) then it’s worth thinking about how it contributes to the volatility of your portfolio, overall. In finance, Beta is a measureRead More...