New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
08:27 EDTEXXI, MMR, CIE, FCX, PXPFreeport close to buying McMoRan Exploration, Plains, WSJ reports
Freeport-McMoRan (FCX) is near a deal to acquire McMoRan Exploration (MMR) and Plains Exploration & Production (PXP), Wall Street Journal reports, citing people familiar with the matter. The combined price for both companies could be close to $20B, including debt, one of the people told the Journal. A deal could be announced today, the reported added. Recall that overnight, Financial Times reported that Freeport-McMoRan plans to acquire two big oil and gas companies. Other names with oil and gas exposure trading higher following the reports include Cobalt (CIE) and Energy XXI (EXXI).
News For FCX;MMR;PXP;CIE;EXXI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 19, 2015
07:31 EDTEXXIUBS to hold a conference
Subscribe for More Information
May 14, 2015
16:00 EDTFCXOptions Update; May 14, 2015
Subscribe for More Information
13:28 EDTFCXIncreasing equity options volume
Increasing equity options volume: FCX UPS KSS CHK CSCO AVP YOKU CALM KORS
10:14 EDTFCXFreeport McMoRan call activity attributed to takeover speculation
Freeport McMoRan May 23 and 23.5 calls are active on total call volume of 14K contracts (1K puts) on takeover speculation. May call option implied volatility is at 34, June is at 40, October is at 38; compared to its 26-week average of 40. Active option volume suggests traders taking positions for wide price movement.
10:05 EDTFCXRumor: Freeport McMoRan strength attributed to takeover speculation
The 3% move higher in shares of Freeport McMoRan is being attributed to speculation of a takeover.

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