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However, the price was revised downward in early 2009 because of the Great Recession: Mechel was to pay for the asset US$425 million and issue 15% of the post-acquisition equity in preferred stock to the current shareholders of Bluestone Coal.
By year-end 2013, Zyzin had lost most of his fortune after a steep decline in Mechel's stock price. Forbes named this loss the "fiasco of the year," estimating Zyuzin's fortune as of December 3, 2013, at no more than US$300 million, or a mere 2 percent of the peak value. By late November 2013, banks held lien for 88% of Zyuzin's entire Mechel ...
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Major Russian stock market RTS Index with S&P 500 and Oil Spot Prices. All data are in percentages to 1 May 2008 values. A – Vladimir Putin criticises Mechel; B – 2008 South Ossetia war starts; C – Recognition of Abkhazia and South Ossetia by Russia; D – Alexei Kudrin "no systematic crisis" speech; E – measures to save major banks are adopted by the Russian government; F – 2007 ...
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us .spindices .com /indices /equity /dow-jones-industrial-average. The Dow Jones Industrial Average ( DJIA ), Dow Jones, or simply the Dow ( / ˈdaʊ / ), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indexes.
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