Copper miner and oil producer Freeport-McMoRan announced Wednesday morning that the company had appointed two new board members recommended by activist investor Carl Icahn.
Paul Ausick Freeport-McMoRan said it will cut its board size from 16 to nine and begin "a review of strategic alternatives for its oil and gas business."
Paul Ausick Friday’s top analyst upgrades, downgrades and initiations include Aetna, Eli Lilly, Gilead Sciences, Royal Gold and Sirius XM.
Energy and a top commodity producer lead the list for insider buying this week, and that is a welcome sign for investors in the two long-suffering sectors.
In the wake of its merger with DirecTV, AT&T seemed poised to drop out of the top 10 most shorted stocks trading on the New York Stock Exchange.
Tuesday's top analyst upgrades, downgrades and initiations include American Airlines, CyberArk Software, Delta Air Lines, First Solar and VMware.
Icahn is not necessarily looking for a dividend payout, but it can be surmised that he almost certainly wants Freeport-McMoRan to get rid of the oil and gas albatross it acquired.
Chris Lange Activist investor Carl Icahn has revealed that he had acquired a more than 8% stake in copper and gold miner Freeport-McMoran.
Paul Ausick Freeport-McMoRan announced Thursday morning that it has revised its capital and operating plans in response to the recent decline in copper prices.
Paul Ausick ThinkstockAugust 26, 2015: Here are four stocks trading with heavy volume among the 276 equities making new 52-week lows today. SunEdison Corp. (NYSE: SUNE) dropped about 6.9% on Wednesday to post a…
The bull cycle in commodities ended months ago, and prices for metals have slipped by double-digit amounts. Some of that is due to the drop in crude oil prices.
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ThinkstockAugust 19, 2015: Here are four stocks trading with heavy volume among the 284 equities making new 52-week lows today. Freeport-McMoRan Inc. (NYSE: FCX) dropped about 3.3% on Wednesday to set a…
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