Freeport-McMoRan
Latest Freeport-McMoRan News
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Congo Bans Exports of Unrefined Cobalt, Copper
from April 12 to offload unprocessed stocks. The ban is sure to be disputed. Congo's biggest mining project, Freeport - McMoRan affiliate Tenke Fungurume, said its exports of copper cathode and cobalt hydroxide are allowed under its contracts
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Big companies' P-Es shrivel to single digits
invest more heavily in wireless. •Exposure to downside of the economy. Energy firms, commodity firms such as Freeport - McMoRan Copper, plus carmaker Ford are seeing their P-Es languish on the concern their earnings could fall if the economy
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Stocks end mixed; slide in oil prices hit energy shares
and Occidental fell $1.58, or 2.5%, to $61.70. Alcoa fell 60 cents, or 6.1%, to $9.26, while Freeport - McMoRan Copper & Gold fell $3.78, or 7.6%, to $45.94. Among consumer staples companies, P&G rose $1.06
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10 beaten S& P stocks double this year
anticipating the economy to bottom are pushing up commodity prices. That's lifting shares of some producers such as Freeport - McMoRan , fcx a large copper producer, says Paul Forward of Stifel Nicolaus. Copper is up 72% this year. With governments
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Stocks fall as dollar pushes oil, commodities down
Commodities producers fell Monday. Aluminum maker Alcoa and Freeport - McMoRan Copper & Gold slid. Alcoa fell 78 cents, or 6.5%, to $11.21, while Freeport - McMoRan fell $3.37, or 5.8%, to $55.14. In corporate
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Investors: Try these strategies to build your portfolios
Poor's. That's the lowest investment-grade rating. Its bond, maturing in June 2014, yields 12.9%. Freeport McMoRan Copper & Gold, another BBB, has a bond that matures in April 2012 that yields about 12.6%. •Consider buying
News
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Stocks recover on revived hope for auto industry
companies across many parts of the economy have announced thousands of layoffs. AT&T, DuPont, Dow Chemical and Freeport - McMoRan Copper & Gold have said they will make reductions and analysts expect other companies will make reductions. If one
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Stocks turn mixed on revived hope for auto industry
companies across many parts of the economy have announced thousands of layoffs. AT&T, DuPont, Dow Chemical and Freeport - McMoRan Copper & Gold have said they will make reductions and analysts expect other companies will make reductions. If one
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The first will be last: Bear mauls last year's winners
doing even worse than the broad market. Same goes for companies such as Apple aapl , GameStop gme and Freeport - McMoRan Copper and Gold fcx . Investors are getting a brutal reminder that stocks with the highest valuations are often the ones
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Last year's star stocks fade out
Farr of Farr Miller & Washington. If the world economy slows, demand for raw materials will, too. That's why Freeport - McMoRan fcx , a copper and gold supplier, is down 28% in 2008. Deere, which expected to benefit from the boom in ethanol
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Stocks surge as oil tumbles more than $6
pulled back as commodity prices fell. United States Steel x fell $5.44, or 3.9%, to $133.76, while miner Freeport - McMoRan Copper & Gold fcx declined $3.06, or 3.3%, to $90.60. In corporate news, Gap gps rose 87 cents, or
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Climate researcher tackles New Guinea glaciers
phone from Australia. Thompson should have an easier time scaling those 10,000-foot cliffs. The mining company Freeport - McMoRan , operating nearby, has agreed to airlift his dozen-member team to Puncak Jaya's heights by helicopter, along
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U.S. Company Buys Security in Indonesia
threats by extremists protesting American military activity in Afghanistan, operations at the U.S. mining giant Freeport - McMoRan Copper & Gold there haven't been impacted. The company's 60 American employees, involved in mining the world's
