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News Breaks
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January 20, 2012
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| 07:32 EDT |  | MERC |
| theflyonthewall.com: | Mercer announces expansion project at Stendal Mill to increase pulp production | | Mercer International announced a project to increase production and efficiency through debottlenecking initiatives including the installation of an additional 40 MW steam turbine at its Stendal mill. The debottlenecking which, among other things, requires the new turbine in order to enhance and efficiently utilize steam production, is designed to increase the mill's annual pulp production capacity by 30,000 ADMTs to approximately 675,000 ADMTs. The new turbine is also expected to initially produce an additional 109,000 MWh of surplus renewable energy for sale at premium pricing. :theflyonthewall.com |
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May 23, 2012
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| 10:27 EDT |  | MERC |
| theflyonthewall.com: | On The Fly: Analyst Downgrade Summary | | Today's noteworthy downgrades include: Dell (DELL) downgraded to Neutral from Buy at Mizuho FirstEnergy (FE) downgraded to Underperform from Hold at Jefferies Mercer (MERC) downgraded to Hold from Buy at Canaccord NASDAQ (NDAQ) downgraded to Hold from Buy at Deutsche Bank NASDAQ downgraded to Market Perform from Outperform at Raymond James Patriot Coal (PCX) downgraded to Hold from Buy at Deutsche Bank. :theflyonthewall.com |
| | 06:47 EDT | | MERC |
| theflyonthewall.com: | Mercer downgraded to Hold from Buy at Canaccord | | Canaccord said the pulp demand visibility remains cloudy with the continued uncertainty in Europe and China's large previous purchases. Price target is $7.50. :theflyonthewall.com |
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