New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 12, 2012
11:56 EDTDOW, DD, MOS, FCX, NEMChina announces cut in banks' reserve requirement ratio, Reuters says
China's central bank cut the amount of cash that banks must hold as reserves, banks' reserve requirement ratio, by 50 basis points, freeing up approximately $63.5B to help fend off a slowdown, says Reuters. Reference Link
News For FCX;DD;NEM;MOS;DOW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
March 18, 2015
13:19 EDTDDDuPont management to meet with Piper Jaffray
Subscribe for More Information
11:03 EDTFCXStocks with call strike movement; NE FCX
Noble Corp. (NE) June 16 call option implied volatility increased 2% to 54, Freeport McMoRan (FCX) August 21 call option implied volatility increased 2% to 49 according to IVolatility.
07:56 EDTDOWDow Chemical management to meet with Deutsche Bank
Field trip to company headquarters in to be held in Midland, MI on March 18 hosted by Deutsche Bank.
07:27 EDTFCXFreeport seeks funding from Blackstone, Apollo, Reuters says
Freeport McMoRan (FCX) has hired Goldman Sachs (GS) and Barclays (BCS) to find private equity firms willing to finance certain of its energy projects and asset developments, reports Reuters, citing people familiar with the matter. Freeport is in talks with Blackstone (BX), Apollo (APO), and Warburg Pincus about a potential partnership. The sources say the firm may be seeking "several billion dollars," though discussions are in "very early" stages. Reference Link
March 17, 2015
13:40 EDTFCXAmended settlement agreement announced between Credit Suisse, Freeport
On March 16, an Addendum to the Stipulation and Agreement of Settlement, Compromise and Release was entered into with respect to the consolidated stockholder derivative litigation captioned In Re: Freeport-McMoRan Copper & Gold (FCX) Derivative Litigation, C.A. No. 8145-VCN. The Addendum modifies the terms of the settlement in order to resolve potential derivative claims against Credit Suisse Securities (CS) in connection with its engagement to act as lead financial advisor to the Special Committee of the Board of Directors of Freeport-McMoRan with respect to the company’s 2013 acquisitions of Plains Exploration & Production Company and McMoRan Exploration Co., which potential claims were previously excluded from the settlement as set forth in the Stipulation and Agreement of Settlement, Compromise and Release filed on January 15. As set forth in the Addendum, the original settlement consideration will be increased by $16.25M, consisting of a $10M cash payment to the company by Credit Suisse, and a credit of $6.25M to be redeemable by the company in connection with future assignments Credit Suisse performs. The Supplemental Cash Amount, together with the original settlement amount, less plaintiffs’ attorneys’ fees and expenses as awarded by the Court of Chancery of the State of Delaware, will be distributed to the company’s stockholders as a special dividend. The settlement is subject to specified conditions, including final approval by the Court of Chancery of the State of Delaware. The settling defendants and Credit Suisse vigorously deny all allegations of wrongdoing or fault but entered into the settlement to avoid the costs and distraction of continued litigation.
13:39 EDTDDDuPont breaks below its 50-day moving average, levels to watch
Subscribe for More Information
05:50 EDTDDStocks with implied volatility movement; DD NFLX
Subscribe for More Information
March 16, 2015
17:07 EDTFCXCredit Suisse to pay Freeport McMoRan $10M to settle allegations, WSJ says
Subscribe for More Information
14:24 EDTDDDuPont near session low, levels to watch
The shares were downgraded earlier at BofA/Merrill to Underperform, but the firm maintained its $76 price target. At the current price of $77.35 the stock is at the low of its price channel, but has not breached. Support below current price is at $75.52, the 50-day moving average. Resistance is at $78.08.
11:58 EDTDD, DOWDuPont retreats after Bank of America two notch downgrade to sell
Subscribe for More Information
10:02 EDTDDOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:31 EDTDDPeltz says open to discussing 'realistic settlement' with DuPont
Subscribe for More Information
09:22 EDTDDOn The Fly: Pre-market Movers
Subscribe for More Information
07:38 EDTDDDuPont downgraded at BofA/Merrill
Subscribe for More Information
06:44 EDTDDDuPont downgraded to Underperform from Buy at BofA/Merrill
Subscribe for More Information
March 13, 2015
17:33 EDTFCXS&P announces changes to S&P 100 Index
Subscribe for More Information
16:12 EDTMOSMosaic sees FY15 International Distribution segment sales volume 6M-7M tonnes
Subscribe for More Information
16:10 EDTMOSMosaic to manage, report new International Distribution segment
Subscribe for More Information
15:47 EDTDDDuPont says Trian proposal not 'meaningful step' toward resolution
Subscribe for More Information
10:01 EDTDOWDow Chemical unit signs long-term agreement with wind farm
As a part of Dow’s Energy Plan and its Sustainability Goals, The Dow Chemical Company has taken another step towards reducing its own carbon “footprint.” Marking milestone progress, Dow’s Energy business has signed a long-term agreement with a new wind farm, currently under development in South Texas by a subsidiary of Bordas Wind Energy, LLC, a joint venture between MAP and Enerverse, LLC. The wind farm, to be complete in 1Q16, will span nearly 35,000 acres, and will supply Dow’s Freeport Texas Manufacturing facility with 200 MW of wind power annually, equivalent to the amount of electricity needed to power more than 55,000 homes. Dow is on track to meet its 2025 renewable energy goal as part of its Sustainability Goal commitments.
1 | 2 | 3 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use