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Stock Market & Financial Investment News

News Breaks
December 31, 2012
06:17 EDTFCX, MMRFreeport-McMoRan cut McMoRan Exploration bid after poor well test, Reuters says
Freeport-McMoRan Copper & Gold (FCX) lowered its cash bid for McMoRan Exploration Co. (MMR) by about 5% to $14.75 per share just before it announced plans to buy the company, due to poor test results at one of McMoRan's wells, according to an SEC filing, reports Reuters. Reference Link
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September 22, 2014
07:13 EDTFCXMorgan Stanley not a buyer of Freeport McMoRan and Teck Resources
Morgan Stanley said mining stocks fell on weakn China FAI and IP data and would not be a buyer of Freeport McMoRan (FCX) and Teck Resources (TCK) until there are indications of a demand rebound. Shares of Freeport McMoRan and Teck Resources are both Equal Weight rated.
September 11, 2014
08:39 EDTFCXFreeport McMoRan to purchase non-core assets from Quaterra for $5M
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