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Stock Market & Financial Investment News

News Breaks
May 13, 2014
08:38 EDTFCXFreeport McMoRan CEO says no longer a single asset company
Adkerson says asset in Indonesia one of a set of "great" assets now owned by the company, including its newer oil & gas holdings. Adkerson says "confident" situation in Indonesia will be resolved. Freeport sees Indonesia to account for about 20% of company's 2014 EBITDA. Comments from Freeport-McMoRan President & CEO Richard Adkerson speaking at the Bank of America Merrill Lynch Global Metals, Mining & Steel conference.
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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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