Mercer Int'l shares surge after CFO gives bullish outlook in Reuters interview

Shares of Canadian pulp producer Mercer soared 20 percent on March 2 after its CFO gave a bullish outlook in an exclusive interview with Reuters. He also outlined Mercer’s plans to produce energy from the left-over of pulp processing to offset the expected rise in wood costs. Mercer shares rallied a further 7.5 percent over the next two days.