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Stock Market & Financial Investment News

News Breaks
March 25, 2014
11:08 EDTFCXFreeport seeks suitors for stake in power plant, Bloomberg says
Freeport-McMoRan is working with Wells Fargo to find a buyer for its one-third stake in the Luna Energy Facility in New Mexico, which is worth as much as $200M, said Bloomberg, citing two people familiar with the matter. Reference Link
News For FCX From The Last 14 Days
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March 2, 2015
10:04 EDTFCXFreeport McMoRan tests support, levels to watch
The shares are just above the 50-day moving average, last at $20.75. That moving average has been resistance for the last six months, but has recently become support as the shares have attempted to base and move higher. On a breakdown below the 50-day, next support would be at $20.38 and then at $19.74. If this test of support holds, a leg higher might be possible with next resistance at $21.45.
February 23, 2015
09:50 EDTFCXFreeport McMoRan says pursuing O&G JVs, other transactions
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09:37 EDTFCXFreeport McMoRan CEO says not likely to sell assets
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February 20, 2015
11:31 EDTFCXFreeport McMoRan announces 75MMcf/day productoin test on Highlander discovery
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