Freeport-McMoRan
Freeport-McMoRan (FCX) Upgrade from Hold to Buy – Analyst rating from Standpoint Research
Monday, March 26th, 2012Freeport-McMoRan ( FCX ) Downgrade from Buy to Hold – Analyst rating from Standpoint Research
Friday, January 13th, 2012Freeport-McMoRan Copper & Gold Inc. Reports Fourth-Quarter and Year Ended December 31, 2010 Results
Wednesday, January 26th, 2011 Net income attributable to common stock for fourth-quarter 2010 was $1.5 billion, $3.25 per share, compared to net income of $971 million, $2.15 per share, for fourth-quarter 2009. Net income attributable to common stock for the year 2010 was $4.3 billion, $9.14 per share, compared to $2.5 billion, $5.86 per share, for the year [...]
Freeport-McMoRan ( FCX ) Upgrade from Hold to Buy($140) – Analyst rating from Stifel Nicolaus
Monday, January 10th, 2011Freeport-McMoRan (FCX) Upgrade from Hold to Buy – Analyst rating from Stifel Nicolaus
Monday, January 10th, 2011Freeport-McMoRan ( FCX ) Upgrade from Hold to Buy($135) – Analyst rating from Canaccord Genuity
Friday, January 7th, 2011Freeport-McMoRan (FCX) Upgrade from Hold to Buy – Analyst rating from Canaccord Genuity
Friday, January 7th, 2011Freeport-McMoRan ( FCX ) Upgrade from Hold to Buy($113) – Analyst rating from Argus
Tuesday, October 26th, 2010Freeport-McMoRan Copper & Gold Inc. To Invest $500 Million in McMoRan Exploration Co.
Monday, September 20th, 2010Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) has agreed to purchase $500 million of 5¾% Convertible Perpetual Preferred Stock (“Preferred Stock”) of McMoRan Exploration Co. (NYSE: MMR) in connection with MMR’s proposed oil and gas property acquisition from Plains Exploration & Production Company (NYSE:PXP) (MMR’s press release dated September 20, 2010 is available at www.mcmoran.com). [...]
Freeport-McMoRan ( FCX ) Downgrade from Buy to Hold – Analyst rating from Standpoint Research
Thursday, July 22nd, 2010Freeport-McMoRan (FCX) Downgrade from Buy to Hold – Analyst rating from Standpoint Research
Thursday, July 22nd, 2010Freeport-McMoRan (FCX) Downgrade from Buy to Hold – Analyst rating from Deutsche Bank
Monday, April 12th, 2010Freeport-McMoRan ( FCX ) Downgrade from Buy to Hold – Analyst rating from Deutsche Bank
Monday, April 12th, 2010Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividends on Common and Preferred Stocks
Friday, March 26th, 2010Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declares the following quarterly cash dividends payable on May 1, 2010 to holders of record as of April 15, 2010: – $0.15 per share of FCX’s Common Stock (NYSE: FCX). – $1.6875 per share of FCX’s 6¾% Mandatory Convertible Preferred Stock (NYSE: FCXprM). This preferred dividend will [...]
Freeport-McMoRan (FCX) Upgrade from Sector Perform to Outperform – Analyst rating from RBC Capital Mkts
Wednesday, March 3rd, 2010Freeport-McMoRan ( FCX ) Upgrade from Sector Perform to Outperform – Analyst rating from RBC Capital Mkts
Wednesday, March 3rd, 2010Freeport-McMoRan Copper & Gold Inc. Announces Redemption of its Senior Floating Rate Notes due 2015
Tuesday, March 2nd, 2010Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today that it has issued a notice to redeem all of its outstanding Senior Floating Rate Notes due 2015 (“Notes”) on April 1, 2010. There is $1 billion in outstanding aggregate principal amount of the Notes. Holders of record will receive 101 percent of the principal amount [...]
Freeport-McMoRan Copper & Gold Inc. Reports Fourth-Quarter and Year Ended December 31, 2009 Results
Monday, February 8th, 2010The principal metals Freeport McMoran mine across four continents are copper, gold and molybdenum. The North American operations comprise five operating copper mines and one operating molybdenum mine located in Arizona, New Mexico, and Colorado. In South America, they operate four copper mines in Peru and Chile, which include open-pit and underground mining. In the [...]
Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividends on Common and Preferred Stocks
Monday, February 8th, 2010Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declares the following quarterly cash dividends payable on February 1, 2010 to holders of record as of January 15, 2010: $0.15 per share of FCX’s Common Stock (NYSE: FCX). $1.6875 per share of FCX’s 6¾% Mandatory Convertible Preferred Stock (NYSE: FCXprM). As previously announced in October 2009, [...]
Freeport-McMoRan (FCX) Upgrade from Hold to Buy price target $95 – Analyst rating from Citigroup
Friday, February 5th, 2010Citigroup upgrades Freeport McMorRan from Hold to Buy and raises their price target from $85 to $95. Citigroup raised its forecast for various base metals and bulk commodities. Citi raised copper, aluminum 2010 2011 Copper $3.34/lb $3.47/lb Aluminium $0.99/lb $1.07/lb iron ore +40% fines, +50% lumps, +60% pellets. On Freeport-McMoRan, the firm said even with [...]
Freeport-McMoRan back in the black
Thursday, January 21st, 2010China’s growing demand for copper led the rest of the world last year, pushing up prices and boosting Freeport’s bottom line. Freeport also said it expects to sell less gold and copper this year. Freeport said it earned $971 million, or $2.15 a share, in the three months ended Dec. 31. It had a loss [...]