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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.
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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