Home Page : Archive News : September 2012 News : Fortescue Shares Tumble 14% on Debt Report | |
Fortescue Shares Tumble 14% on Debt Report | |
September 13, 2012 Shares in Australian iron ore producer Fortescue Metals Group tumbled 14 percent on Thursday after the Australian Financial Review reported the company had asked its lenders to waive debt covenants for the next year. Source: http://www.cnbc.com/id/49014216?__source=RSS*tag*&par=RSS |