Company
Freeport-McMoRan Inc
NYSE:FCX
Freeport-McMoRan Inc is a leading international mining company with headquarters in Phoenix, Arizona. The company operates large, long-lived geographically diverse assets with significant proven and probable reserves of copper, gold and molybdenum. Freeport-McMoRan Inc's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest copper and gold deposits; and significant mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.
91 stories
Copper remains the bellwether metal for the global economy, with a plethora of companies at all levels offering investors exposure and upside
The copper price has recovered strongly since its lows in March
LATE MOVERS: HSBC shares sink on weaker-than-expected earnings and gloomy outlook
Also on the move were Walmart, PG&E Corporation, Weight Watchers International and Freeport-McMoRan
LATE MOVERS: CBS falls after broadcaster reports disappointing 4Q earnings and revenue
Also on the move were Applied Materials, Outback parent Bloomin' Brands, CenturyLink, Cisco Systems, NetApp and Nvidia
Investments and investor services
Forecast copper supply constraints provide optimism despite 2018 price decline
Sustained demand growth and forecast supply cuts have not yet translated into higher copper prices as the Chinese economy slows.
Investments and investor services
Freeport McMoRan beats Street as gold and copper production ramp up
Revenue in the first nine months of 2018 hit nearly $15 billion due to earnings from the production of gold, copper and molybdenum
Copper price well supported by economic fundamentals and changing technologies, says Arden Partners
Despite some tariff-related headwinds, copper looks set to be the standout metal in the coming few years
Mundoro Capital shares surge as it options two Serbian licences to major Freeport-McMoRan
The deal is for the Savinac and Bacevica exploration licence in the southern portion of the Timok magmatic complex
Freeport-McMoRan Inc crushes second-quarter estimates, reports copper sales above guidance
Consolidated sales totaled 989 million pounds of copper, above the expected guidance of 970 million pounds
Rio Tinto to raise US$3.5bn from sale of its production stake in the world's second-biggest copper mine
The UK-listed miner has a joint venture with US giant Freeport-McMoRan Inc., owner and operator of the Grasberg mine, for a 40% share of its production above specific levels until 2021 and 40% of all production after 2021
Excelsior’s Gunnison Mine would provide millions for schools, tax relief: study
Study suggests the project could generate up to $21.2mln for local schools
Fundamentals returning to the fore in mining, at long last
The bear market recovery is now unwinding in the mining sector and fundamentals are once more coming to the fore.
Who will the winners be as gold and silver push onwards and upwards?
The gold price has come off its January lows and low looks to be on an upward trend
US shares turn south as Fed minutes weigh
Investors in the US await details of the Fed minutes today
Miners wobble, but Trump dump yet to have serious impact
Donald Trumps healthcare bill is in Congress, his first big test as President
Archive
Day ahead - Copper group Antofagasta and savings giant Prudential in the cross-hairs
investors will be scanning full-year results from Chilean copper producer Antofagasta, due on Tuesday, for progress on the expansion of its Los Pelambres asset
US stocks post a record then fall, as financials and materials sold
US stocks ended on a dull note on Thursday, with the Dow making a symbolic record high at the start of the session and then tickers edging further into the red as the day wore on
Gold on the rise as markets struggle to gauge the actual impact of Donald Trump
What will President Trump do next? Markets are well known for their hatred of uncertainty, and Trump's unpredictability may be starting to get investors spooked
Why small cap miners can be far better bets than their larger peers
What conclusions can we draw from the flurry of commentary that followed Glencore’s production results this week.
US stocks close mixed after Trump mulls 20% border tax
US stocks closed mixed on Thursday, with the Dow and Nasdaq marking fresh record highs but the S&P 500 doing as much – before heading lower after US President Donald Trump mooted that he was weighing up a 20% border tax on Mexican imports t
US stocks hit record highs as Trump rally resumes, miners gain
US stocks chalked up fresh record closing highs on Tuesday, reminiscent of the Trump-inspired rallies seen in late 2016
US stocks rise as autos and oil jump
US stocks rose solidly on Wednesday and the Dow crept ever closer to the 20,000 record level as automotives and oil prices were the main talk of the Street
US tickers all mark record highs, Canada at May 2015 peak
US stocks ended Tuesday at fresh record highs, grasped in the final minutes of a dramatic roller-coaster session, while Canadian stocks hit their highest since May 2015
US stocks drop on election jitters
US stocks closed lower in a broad fall on Tuesday, led by dividend-paying sectors, as traders eyed a safer haven-inspired drop in Treasury bond yields as well as headlines on the looming presidential election a week away
US stocks close lower on mixed earnings, weaker consumer confidence, rate fears
US stocks closed lower on Tuesday, unwinding initial gains after mixed earnings were compounded by weaker consumer confidence data as well as raised fears of a rate hike after a Treasury note sale flopped
US stocks stage comeback but end softer after utilities rally
US stocks staged a comeback late on Thursday to pare losses and close soft after over-sold utilities led the charge on the benchmark S&P 500 index
Gold down, dollar up, pound swinging wildly
Sterling weakness is magnifying the effects of a resurgent commodities market to the point that even with gold on the slide, Randgold was one of the top five FTSE 100 stocks.
US stocks end higher with oil prices and dovish Fed echo
US stocks ended higher on Thursday as headier oil prices and the continued echo of a dovish Fed rate decision helped the market build on the previous session’s rally
US shares unwind Fed-based rally as oil demand sinks
Wall Street shares closed sharply lower Tuesday, unwinding the previous day’s Fed-fuelled rally, as oil prices dropped on shaky outlook for Asian oil demand.
US shares fall on oil glut, Mylan biotech scare and after hours HP shock
US shares closed lower on Wednesday after oil glut and housing data headwinds join a drop by biotech stocks and after-hours shock from HP
Wall St stocks soft as oil glut grows, housing data contradicts
US stocks were soft at midsession on Wednesday after oil inventories surged and more housing data contradicted data earlier in the week
Archive
Brokers: Jefferies and Morgan Stanley pick their post-Brexit stocks
The two banking giants have picked the stocks they think will emerge unscathed from the Brexit fire
US shares close higher as oil rallies and Brexit fears fade
US shares closed higher on Monday as an oil rally and fading Brexit risk in the UK helped investors steady their nerves after a choppy week passed
US stocks advance as risk-on returns as Brexit fears fade, oil rallies
US stocks advanced at midsession on Monday after stronger equity sentiment in Europe on fading Brexit fears as well as stronger oil prices buoyed Wall Street
Wall Street shares take late tumble after Fed downbeat on economy, oil stocks disappoint
US stocks close mixed-to-lower, reversing direction late in the session after the Federal Reserve’s downbeat outlook on the economy and a smaller-than-forecast drop in oil inventories lead oil prices to drop sharply
US stocks advance on Fed vigil, brush aside oil inventories disappointment
US stocks firmed at midsession on Wednesday, as investors brushed away some disappointment that oil inventories did not fall as much as forecast and focused on what looks set to be a no-change to Federal Reserve rates at 1400 ET
Merger activity adds extra fuel to stock market rally
Ebix has bid for Patriot National while Aegerion and QLT have agreed a merger.
US stocks dragged down by retail sector upsets
US stocks close lower, with the retail sector pulling shutters down on poor trading updates and called-off mergers, overwhelming the spoils of oil price gains
US stocks weighed down by poor trading news and merger collapse
US stocks are weighed down by poor trading updates from Walt Disney and Macy's as well as the collapse of a proposed merger between Staples and Office Depot
Archive
Dow Jones closes lower amid uncertain oil market
A mixed close for Wall Street on Monday as the oil price fall weighed.....
US equities lifted by macro data
US stocks opened sharply higher as fears of an April rate hike receded following soft retail sales numbers
Macro data lifts US equities
US stocks opened sharply higher as fears of an April rate hike receded following soft retail sales numbers
Wall Street starts Monday in plus territory
Alcoa will be in focus as it ushers in the start of earning’s season, meanwhile Yahoo, Tesla and Facebook are also closely watched.
Investments and investor services
Wall Street starts Monday in plus territory
Alcoa will be in focus as it ushers in the start of earning’s season, meanwhile Yahoo, Tesla and Facebook are also closely watched.
US shares fail to recover from oil supply glut news
US oil inventories three times forecast pound oil prices and depress bourses
No deal on oil supply cut drives Wall Street shares lower
Wall St shares retreat after snag in oil supply cuts
Wall Street extends Friday gains, Nasdaq rises after Groupon surge
All three top Wall Street tickers pointed north on Tuesday, extending gains from Friday, as investors favoured this month's sold-off stocks in sectors like like finance and technology
Wall Street rebounds sharply amid oil rally
An oil rally sent both Brent and U.S. crude briefly above $32 a barrel.
Wall Street on course for first weekly gain of 2016
All three benchmark indexes advanced more than 1%.
Wall Street retreats amid weak crude prices
Chimerix plunges, Freeport-McMoRan drops; Amazon gains.
US stocks to rise as investors play catch-up
After the long weekend, US investors have some catching up to do after a strong showing overnight from Chinese markets and a fast start this morning by European markets.
Benchmarks now up on the week after strong GDP data
Though it seemed improbable at the close of trading on Monday, U.S. benchmarks are now up on the week. Sentiment has been boosted by a strong showing overnight in Asian markets and much better than expected US gross domestic product figures
Benchmarks now up on the week after strong GDP data
The US economy grew more strongly than expected in the third quarter, and although this may make a rate hike more likely next month, investors are betting that this week's global stock market turmoil will stay the Fed's hand.
Relief rally moves into second day
Gross domestic product numbers were much better than expected giving a lift to a market already buoyed by Shanghai's strength overnight.
Investments and investor services
US stocks further lifted by strong GDP data
“A healthy upwards revision to US GDP should act as a much needed soothing balm for investors after the turbulence of this week," said Nancy Curtin, chief investment officer, Close Brothers Asset Management
Tech stocks hit hard as rout continues
Equities fall pretty much across the board after a nightmare showing by Asian markets, with some of the more highly valued glamour stocks in the tech stocks falling hardest.
FTSE 100 has £80bn wiped off on Black Monday
On what some are calling ‘Black Monday’ the FTSE 100 was hit to the tune of £80bn, suffering its worst day since 2009.
Wall Street tumbles as China equities plunge stokes global growth worries
Wall Street lost more than 1 percent before the close today as market turmoil in China overshadowed Greece's debt crisis, while trading on the New York Stock Exchange resumed after a three-hour halt. The S&P 500 (INDEXSP:.INX) sank 1.5
U.S. stock-index futures retreat on China concerns
U.S. stock index futures fell today as the continuing slide in Chinese stocks raised concerns about the pace of global economic growth, and as investors continue to keep a wary eye on developments in the Greek debt crisis, and the coming Fe
Freeport-McMoRan confirms oil and gas IPO
Freeport-McMoRan is expected to retain control of oil business because of a two-tier share structure