Copper miners have been trending downwards in recent weeks as prices for the metal have continued to slump. Copper prices on Thursday set a new low for 2013 on slowing housing demand from China and the U.S. Five Star Equities examines the outlook for companies in the Copper Industry and provides equity research on Freeport-McMoRan Copper & Gold and [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX′s proposed acquisiti ...
A string of positive economic data helped propel the Dow Jones industrial average and the S&P 500 Index to five-year highs last week. The Dow's and S&P 500's weekly gain of 1.2 percent and 1 percent, respectively, were the third consecutive week of gains. Research Driven Investing examines investing opportunities in the S&P 500 Index and provides [...]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for fourth-quarter 2012 was $743 million, $0.78 per share, compared with net income of $640 million, $0.67 per share, for fourth-quarter 2011. Net income attributable to com ...
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on February 1, 2013 to holders of record as of January 15, 2013 for its common stock. FCX is a leading international mining company with headquarters in ...
NEW YORK, Dec. 6, 2012 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of Freeport-McMoRan Copper & Gold Inc. ("Freeport") (NYSE: FCX) breached its fiduciary duty to its shareholders in agreeing to buy Plains Exploration & Production Company ("Plains") (NYSE: PXP) and McMoRan Exploration Co. ("MMR [...]
NEW YORK, Dec. 5, 2012 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, is investigating potential claims against the Boards of Directors of Freeport-McMoRan Copper & Gold Inc. ("Freeport") (FCX), McMoRan Exploration Co. ("McMoRan") (MMR), and Plains Exploration & Production Co. ("Plains") (PXP) concerning Freeport's [...]
Freeport-McMoRan Copper & Gold, Plains Exploration & Production and McMoRan Exploration announced today that they have signed definitive merger agreements under which FCX will acquire PXP for approximately $6.9 billion in cash and stock and FCX will acquire MMR for approximately $3.4 billion in cash, or $2.1 billion net of 36 percent of the MMR [...]
The Paragon Report Provides Stock Research on Freeport-McMoRan and Southern CopperNEW YORK, NY -- (Marketwire) -- 12/04/12 -- China's slowing economy, which is set to grow at the slowest pace in over a decade, has recently shown much needed signs of improvement. Copper prices last week surged to a 6-week high on rising demand from China, who [...]
NEW YORK, NY -- (Marketwire) -- 10/31/12 -- Higher production costs, mining disruptions and soft pricing are all weighing on the bottom-line of copper producers. Still, some miners improved production in the quarter and could be well positioned to capitalize under more favorable pricing conditions. StBulls.com has initiated technical analysis on [...]
JAKARTA, INDONESIA -- (Marketwire) -- 10/23/12 -- Moments ago, Investors-Alliance.com introduced new coverage of Freeport-mcmoran Copper & Gold, Inc. (NYSE: FCX) and Southern Copper Corporation (NYSE: SCCO). Full outlook, analysis and consensus opinion is available to readers via the links below [...]
After surging on the announcement of Quantitative Easing 3 copper prices have fallen sharply, hitting a 6-week low last Friday, on concerns regarding China's failing economy. The major slowdown in China, who is responsible for roughly 40 percent of the world's copper use, has had a major impact on copper prices in 2012. Five Star Equities examines [...]
