Freeport-McMoRan sold an interest in its stake in a Serbian copper project at Timok to Toronto's Lundin Mining. The deal could be worth up to $262.5 million to Freeport.
Paul Ausick The top analyst upgrades, downgrades and initiations seen on Thursday, March 3, include Alcoa, Boeing, Freeport-McMoRan, Intel, SunEdison and Walt Disney.
The top analyst upgrades, downgrades and initiations seen on Tuesday, March 1, include Freeport-McMoRan, PTC Therapeutics, SunEdison, Transocean, United Technologies, Valeant Pharmaceuticals and Windstream.
The most shorted stock traded on the New York Stock Exchange — Chesapeake Energy — bucked the short interest trend with a modest gain in February.
Activist investor Carl Icahn has added 4 million class B shares of Freeport-McMoRan to his stake.
Paul Ausick Freeport-McMoRan has agreed to sell a 13% ownership stake in its Morenci mine for $1 billion to its joint-venture partner in the Arizona mine, Japan-based Sumitomo.
Paul Ausick Among the six most heavily shorted stocks traded on the New York Stock Exchange, short sellers continued to pile on Alcoa and Freeport-McMoRan between the January 15 and January 29 settlement dates.
The top analyst upgrades, downgrades and initiations seen on Tuesday include Apple, Freeport-McMoRan, Kinross Gold, Pfizer, Plains All American, Salesforce,com, Tesla and Yelp.
A falling dollar favors commodities, like gold and copper, that trade in dollars by making them cheaper compared with other currencies.
So what are investors supposed to make of an analyst downgrade of Freeport-McMoRan coming out now?
Jon C. Ogg Perhaps not surprisingly, in early January, short interest was on the rise for most of the top six most heavily shorted stocks traded on the New York Stock Exchange.
Freeport-McMoRan reported fourth-quarter and full-year 2015 results before markets opened Tuesday morning.
Paul Ausick January 20, 2016: Here are four stocks trading with heavy volume among 1,516 equities making new 52-week lows today. To make today’s list, at least 58 million shares of a stock had…
General Electric saw its short interest drop sharply between the December 15 and December 31 settlement dates for the second period in a row. Meanwhile, short sellers piled on to Pfizer and…
January 12, 2016: Here are four stocks trading with heavy volume among 704 equities making new 52-week lows today. Freeport- McMoRan Inc. (NYSE: FCX) dropped more than 15% on Tuesday to post…
