The Traderszone Network

Published in TZ Latest News 20 April, 2015 by The TZ Newswire Staff

Two Timber ETFs Felled Post Apple’s Forest Buy

Timber! Two ETFs haven’t felt the halo effect of Apple’s massive forest buy. The exchange traded funds, which track the timber industry, fell after the Cupertino, Calif.-based company announced its green move Thursday. They continue to languish in intraday trade Monday. Apple’s (AAPL) deal with The Conservation Fund to buy 36,000 acres of forest in Maine and North Carolina is more than another smart green move .

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