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News Breaks
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January 26, 2012
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| 17:09 EDT |  | MERC |
| theflyonthewall.com: | Mercer announces NAFTA claim | | Mercer International served a Notice of Intent to Submit a Claim to Arbitration on the Government of Canada for breaches by it of its obligations under the North American Free Trade Agreement, or NAFTA. Under NAFTA, Mercer's investments in Canada are to be treated on a basis that is no less favorable than the most favorable treatment afforded to Canadian investors. Mercer's NAFTA claim the "Claim" relates to its investments in its Castlegar pulp mill. Mercer's Claim is against Canada, rather than the Province of British Columbia as, under NAFTA, Canada is responsible for the actions of its Provinces. :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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