News Breaks |
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| October 22, 2012 |
| 10:07 EDT |  | FCX | Freeport McMoRan says board to review financial policy on an ongoing basis
Says current common stock dividend rate is $1.25/share per annum. Comments from slides that will be presented on the Q3 earnings conference call. |
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News For FCX From The Last 14 Days Check below for free stories on FCX the last two weeks. |
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| May 16, 2013 |
| 08:12 EDT | | FCX | Freeport, Plains Exploration announce preliminary results of merger election
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| May 15, 2013 |
| 17:18 EDT | | FCX | BP Capital gives quarterly update on stakes
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| May 14, 2013 |
| 07:29 EDT |  | FCX | BofA/Merrill to host a conference
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| May 13, 2013 |
| 07:36 EDT | | FCX | Plains Exploration CEO urges holders to support Freeport McMoRan merger
Plains Exploration (PXP) CEO and Chairman James C. Flores urged shareholders to support the merger with Freeport McMoRan (FCX) in a letter. The letter explained that "The strategic nature of the transaction, including the fact that the combination of the PXP, FCX and McMoRan Exploration businesses is expected to create the largest diversified U.S.-based natural resource company with an enterprise value in the top five among global mining peers, increase geographic diversification of the combined company within the U.S. and increase commodity diversification for the combined company. The scale of the combined company, which will enable it to compete more effectively than either PXP, FCX or MMR on a standalone basis, through increased cash flow and lower cost of capital investment in future development projects, exploration and acquisitions." |
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| May 9, 2013 |
| 14:30 EDT |  | FCX | Options Update; May 9, 2013
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| 08:13 EDT | | FCX | PXP announces support for merger with Freeport-McMoRan
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| 08:02 EDT | | FCX | Freeport McMoRan says agreed terms for Plains Exploration are 'best and final'
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| 08:01 EDT | | FCX | Freeport McMoRan says agreed terms for Plains Exploration are 'best and final'
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| May 8, 2013 |
| 14:03 EDT |  | FCX | Freeport McMoRan reiterated as an Overweight at Morgan Stanley
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| May 6, 2013 |
| 10:49 EDT | | FCX | Cliffs Natural rallies after analyst raises stock to Outperform
Mining company Cliffs Natural (CLF) is climbing after FBR Capital analyst Mitesh Thakkar upgraded the stock to Outperform from Market Perform in a note to investors earlier today. WHAT'S NEW: After meeting with Cliffs' management, Thakkar is more convinced that the company can use various methods to offset declines in iron ore prices. Specifically, Cliffs Natural can reduce its spending on various initiatives, and sell assets to raise cash if necessary, the analyst contended. In addition, there are signs that China's iron ore imports could increase, while Cliffs' stock has slumped 49% this year, making its valuation attractive, the analyst wrote. Thakkar kept a $28 price target on the shares. TODAY'S PRICE ACTION: In mid-morning trading, Cliffs gained 85c, or 4.3%, to $20.75. OTHERS TO WATCH: Other metal producers rose slightly, with Alcoa (AA) adding 0.75% to $8.70, BHP Billiton (BHP) gaining 0.4% to $67.80, and Freeport McMoRan (FCX) gaining 0.75% to $31.40. |
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| 09:49 EDT | | FCX | CR Intrinsic says Plains Exploration worth 40% more than current market price
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| 09:37 EDT | | FCX | CR Intrinsic Investors to vote against Plains Exploration acquisition
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