Finance

Buy Freeport-McMoRan Inc (FCX) Stock Ahead of Q2 Earnings

Copper producer Freeport-McMoRan Inc (NYSE:FCX) is set to report second-quarter fiscal 2017 earnings results ahead of Tuesday’s opening bell. Thanks to efforts to trim its massive debt, the company’s prospects look far better than they did a year ago. FCX has also lagged the Global X Copper Miners ETF (NYSEARCA:COPX), which has risen almost more...
Jul 25, 2017 |

Is the Clock Running out on Freeport-Mcmoran Inc (FCX)?

With Freeport-McMoRan Inc (NYSE:FCX) preparing to release second-quarter results on Tuesday, July 25, Berenberg analyst Fawzi Hanano is out with a bearish forecast. Hanano opined, "Freeport has provided Q2 2017 sales guidance of 442kt (975m lbs) of copper and 440koz of gold. "We expect management to reduce the 2017E guidance for copper and gold...
Jul 22, 2017 |

What's in Store for Freeport (FCX) this Earnings Season?

Lingering challenges in the Indonesia operations and weak copper pricing may weigh on Freeport's (FCX) second-quarter results.
Jul 22, 2017 |

Freeport Indonesia mine workers extend strike for fourth month

JAKARTA/TORONTO (Reuters) - An estimated 5,000 workers at the giant Grasberg copper mine operated by Freeport-McMoRan Inc's (FCX.N) Indonesian unit will extend their strike for a fourth month, a union official said on Friday, in an ongoing dispute over layoffs and employment terms. The escalating labor issue comes as Freeport, the world's largest...
Jul 22, 2017 |

Today's Research Reports on Trending Tickers: Freeport-McMoRan Inc. and Twilio Inc.

NEW YORK, NY / ACCESSWIRE / July 18, 2017 / U.S. markets were relatively quiet Monday as investors eagerly await the latest batch of corporate earnings. Bank of America Corp., General Electric Co., Goldman ...
Jul 19, 2017 |

Why Freeport-McMoRan Inc (FCX) Stock Is Set for a Comeback

Currently trading at around $12 per share, FCX stock has declined 7% year-to-date, while falling some 4.6% over the last three months. Not only has Freeport-McMoRan trailed the more than 7% rise in the S&P 500 index during both spans, it has also lagged the Global X Copper Miners ETF (NYSEARCA:COPX), which has risen almost 11% this year and is...
Jul 14, 2017 |

Don’t Be Afraid of Freeport-McMoRan Inc (FCX) Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Jul 12, 2017 |

Today's Research Reports on Stocks to Watch: Southern Copper Corporation and Freeport-McMoRan Inc.

NEW YORK, NY / ACCESSWIRE / July 11, 2017 / Freeport-McMoran saw a gain of over 5% yesterday at the close after announcing that it would be cutting more jobs in Houston. Southern Copper Corporation also ...
Jul 12, 2017 |

Indonesia seeks meeting with Freeport CEO to end copper mine dispute

JAKARTA/SINGAPORE, July 11 (Reuters) - Indonesia says it will invite the head of mining giant Freeport McMoRan Inc to Jakarta this month to try to settle a festering dispute over a new deal to operate the world's second-largest copper mine. The Arizona-based company resumed copper concentrate exports from the mammoth Grasberg mine in April...
Jul 11, 2017 |

BP plc (ADR) (BP) Stock Bets Big on Deepwater, Again

BP has once again started to stake its fortunes on some pretty big developments in the Gulf’s deepwater. If BP is successful, it could just save itself from the lingering effects of the Deepwater Horizon spill and its nasty clean-up expenses. Odds are, if you lost a ton of money in a certain sector of the market or business, you wouldn’t dive...
Jul 5, 2017 |

Chile's miners eye expansion, but wait until political uncertainty lifts

Mining companies operating in Chile are examining restarting projects that were put on hold in recent years due to a copper price slump, the mining minister and industry executives said, though final investment decisions will wait until political uncertainty lifts after the November presidential elections. The price of copper, by far Chile's...
Jun 29, 2017 |

In disaster's wake, BP doubles down on deepwater despite surging shale

A bout 300 BP workers commute 150 miles here by helicopter, from the Louisiana coast to a deep-sea drilling platform that can produce more oil in a day than a West Texas rig can pump in a year. On the deck of Thunder Horse, they work two-week shifts, drink seawater from a desalination plant, and eat ribs and chicken ferried in by boat. This...
Jun 27, 2017 |

Freeport Indonesia says giant copper mine running as normal despite strike

Operations at the world's No.2 copper mine in Indonesia are "running as normal", a spokesman for the local unit of Freeport-McMoRan Inc said, despite thousands of workers extending a strike for another month. Riza Pratama said in a text message on Thursday that "around 25,000 workers and contractors" continued to work at the Grasberg mine, a...
Jun 22, 2017 |

Freeport Indonesia workers to extend strike for a month -union

Thousands of mine workers at the Indonesian unit of Freeport-McMoRan Inc will extend their strike for another month to protest against layoffs, a union official said on Wednesday. Up to 6,000 workers will ...
Jun 21, 2017 |

Hess Stock Surging After Company Initiates Development of Massive Oil Discovery

The company surged nearly 4% in premarket trading Friday on rising oil prices and news it will initiate the first phase of development of the Liza Field in offshore Guyana.
Jun 16, 2017 |

Freeport, China Moly agree to end talks on cobalt assets

Freeport-McMoRan Inc, the world's biggest publicly traded copper miner, and China Molybdenum Co Ltd (CMOC) have agreed to terminate discussions on CMOC's acquisition of Freeport's cobalt assets, Freeport said on Wednesday. China Moly had an exclusive right to negotiate for the assets, which includes the Kokkola Cobalt Refinery in Finland and...
Jun 14, 2017 |

Impact of copper strikes fizzles on scrap inflow, mine rebound

Disruptions at the two biggest copper mines early this year may have only a muted impact on prices after a surge of scrap metal partially filled the supply gap and a recovery in mine output is due to help in the second half. Analysts polled by Reuters in April expected a copper deficit this year of 17,000 tonnes versus a consensus forecast...
Jun 12, 2017 |

Are Options Traders Betting on a Big Move in Freeport-McMoRan (FCX) Stock?

Investors in Freeport-McMoRan (FCX) need to pay close attention to the stock based on moves in the options market lately.
Jun 12, 2017 |

Freeport 'on path' to new Indonesia mine deal this year, CFO says

Freeport-McMoRan Inc, the world's largest publicly traded copper miner, is "on a path" to get a new mining deal with Indonesia this year for its giant Grasberg mine, Chief Financial Officer Kathleen Quirk said Thursday. Freeport had planned to ramp up production, which was cut by around two-thirds during the outage. Freeport shares rose 2.6...
Jun 8, 2017 |

Indonesia's Amman Mineral seeks to cut workforce by up to 20 pct

Indonesian miner Amman Mineral Nusa Tenggara is planning to reduce its workforce by up to 700 workers, or 20 percent, offering benefits to those that voluntarily resign, a company executive and government official told reporters on Wednesday. Amman is a unit of oil and gas company Medco Energi Internasional, which bought the Batu Hijau copper...
Jun 7, 2017 |

Buy Freeport-McMoRan Inc (FCX) Stock Ahead of Q2 Earnings

Copper producer Freeport-McMoRan Inc (NYSE:FCX) is set to report second-quarter fiscal 2017 earnings results ahead of Tuesday’s opening bell. Thanks to efforts to trim its massive debt, the... Read More

Is the Clock Running out on Freeport-Mcmoran Inc (FCX)?

With Freeport-McMoRan Inc (NYSE:FCX) preparing to release second-quarter results on Tuesday, July 25, Berenberg analyst Fawzi Hanano is out with a bearish forecast. Hanano opined, "Freeport has... Read More

Freeport Indonesia mine workers extend strike for fourth month

JAKARTA/TORONTO (Reuters) - An estimated 5,000 workers at the giant Grasberg copper mine operated by Freeport-McMoRan Inc's (FCX.N) Indonesian unit will extend their strike for a fourth month, a... Read More

Texas Pastor Asks For Prayers and a Miracle While Wife and Newborn Fight for Their Lives

The internet is responding in a BIG way. Read More

This Mom Freaked Out During a New Kids on the Block Concert and the Photos Are Hilarious

Can you blame her? It's NKOTB! Read More

How to Make Lightened Up Peanut Butter Kiss Cookies

Because there’s no greater dessert combo than peanut butter and chocolate, we created these healthier peanut butter kiss cookies that are low in fat and calories, and still totally tasty. Watch the... Read More

'James Bond 25' Gets 2019 Release Date

No word yet on whether or not Daniel Craig will be back as 007 for a fifth time; film’s cast, director, more details will be announced at a later date Read More

Olivia Munn Talks About Her Experience Making — and Meeting — 'The Predator'

Actress at Comic-Con says meeting the monster was 'a visceral experience' and the film will stand on its own while also harking back to its predecessors Read More

'Valerian and the City of a Thousand Planets': What's the Deal With the Doghan Daigus?

'Valerian' director Luc Besson tells Yahoo Movies about making the Doghan Daigus, standout alien creatures in the movie that look like ducks, sell info Read More

Democrats hope ‘better deal’ message will resonate

Congressional Democrats rolled out their message for the 2018 midterm elections Monday, vowing to focus on raising wages and creating jobs as they vie to reclaim majorities in the House and Senate.... Read More

Jared Kushner and the politics of nepotism

White House senior adviser Jared Kushner arrives to speak to the media outside the West Wing on July 24, 2017. Jared Kushner, Donald Trump’s trusted senior aide and son-in-law, will be questioned... Read More

Alabama Senate candidate uses tape of congressional shooting in campaign ad

The campaign of a Republican congressman running for the Senate, Alabama Rep. Mo Brooks, is being denounced after releasing an ad Monday that uses audio from a shooting that targeted GOP... Read More

Hot new job for middle-class students: manual labor

Hunched over their workspaces in a dusty, sunlit room in the North Bennett Street School in Boston’s North End, Jim Reid-Cunningham’s bookbinding workshop seems grateful for an interruption. “It’s... Read More

How do refugee students make the jump to Germany's universities?

Mohamad Taqi Sohrabi has had to fight for an education his entire life. An Afghan refugee born in Iran, Mr. Sohrabi says it wasn’t easy for him to go to school. Sohrabi was eventually able to... Read More

In Ethiopia, model drought defenses are put to the test

Battered by drought and civil wars, more than 20 million people from Yemen to Tanzania are at risk of starvation in what aid workers call the largest humanitarian crisis since World War II. But... Read More