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Stock Market & Financial Investment News

News Breaks
December 6, 2012
06:17 EDTFCXFreeport McMoRan downgraded to Neutral from Outperform at Macquarie
Macquarie downgraded Freeport due to its strategy shift towards a developing energy company from a copper pure play and increased spending needs. Price target lowered to $38 from $51.
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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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