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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
News For FCX;MMR From The Last 14 Days
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October 20, 2014
06:20 EDTFCXFreeport McMoRan upgraded to Neutral from Sell at Citigroup
Citigroup upgraded Freeport McMoRan to Neutral citing the recent pullback in shares. Citi keeps a $31 price target for the stock.
October 13, 2014
13:11 EDTFCXFreeport receives approval to resume open-pit mining in Indonesia, Reuters says
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