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Stockreport

China’s $2.4 Billion Gift To Aussie Miners Andrew and Nicola Forrest [Forbes]

Apple Inc. (AAPL)  More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The separated pair of Australian iron ore miners are joint owners of a 36.7% stake in Fortescue, one of the world's biggest producers of the steel making material. Since news of decision to build the world's biggest hydroelectric dam on the Yarlung Tsangpo river in Tibet started to leak last month the price of reinforcing (rebar) steel, used extensively in dam construction, has been rising, taking the iron ore price with it. The knock-on effect of a $10 per ton increase in the most commonly traded form of iron ore to $100/t has been a 23% increase in Fortescue's share price on the Australian stock market over the past month to $11.57 (A$17.81) with 8% of that rise coming in the last week. The higher iron ore price has lifted the value of the Forrest's jointly owned 1.13 billion Fortescue shares to $13 billion, up $2.4 billion since late June. Other iron ore miners have shared in the revival of the iron ore price which had been falling from early last year when it was trading [Read more]
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Stockreport

China’s $2.4 Billion Gift To Aussie Miners Andrew and Nicola Forrest [Forbes]

Apple Inc.  (AAPL) 
More Company Research Source: Forbes
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
The separated pair of Australian iron ore miners are joint owners of a 36.7% stake in Fortescue, one of the world's biggest producers of the steel making material. Since news of decision to build the world's biggest hydroelectric dam on the Yarlung Tsangpo river in Tibet started to leak last month the price of reinforcing (rebar) steel, used extensively in dam construction, has been rising, taking the iron ore price with it. The knock-on effect of a $10 per ton increase in the most commonly traded form of iron ore to $100/t has been a 23% increase in Fortescue's share price on the Australian stock market over the past month to $11.57 (A$17.81) with 8% of that rise coming in the last week. The higher iron ore price has lifted the value of the Forrest's jointly owned 1.13 billion Fortescue shares to $13 billion, up $2.4 billion since late June. Other iron ore miners have shared in the revival of the iron ore price which had been falling from early last year when it was trading [Read more]
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AAPL
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Price Change
Price Change %
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%
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EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
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Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
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PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS