Tag Archives: bounce

Fortress Paper stock bounce caused by more than turmoil in Greece, analyst says

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Shares in Fortress Paper Ltd., the Vancouver-based company, have bounced more than 50 per cent in the last three months amid speculation that, should Greece leave the eurozone, Fortress’s mill in Landquart, Switzerland is well-placed to win the contract to supply paper for?a new version of Greece’s historic currency, the drachma. The Landquart mill, in eastern Switzerland close to the ...

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China stocks bounce as Beijing brings down ‘big fist’ on market meltdown, but at what cost?

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BEIJING/SHANGHAI – Beijing\’s increasingly frantic attempts to stem a regular market rout were finally rewarded as Chinese shares bounced around 6 percent on Thursday, but the costs of heavy-handed state intervention are likely to weigh on the market for a long time. The rebound came after China\’s securities regulator, in its most drastic step yet to arrest the slump, banned ...

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