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Mercer Int'l shares surge after CFO gives bullish outlook in Reuters interview03.02.2010
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. |
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