Stock Market & Financial Investment News

News For MMR;FCX From The Last 14 Days Check below for free stories on MMR;FCX the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 14:15 EDT FCX Plains shareholders approve Freeport-McMoRan acquisition Subscribe for More Information 09:42 EDT FCX Paulson & Co. issues statement regarding Freeport-Plains merger Subscribe for More Information 07:41 EDT MMR, FCX Freeport says to declare $1.00/share supplemental dividend after Plains deal Subscribe for More Information 07:41 EDT MMR, FCX Freeport says plans $1.5B in assets sales after Plains, McMoRan transactions 07:40 EDT MMR, FCX Freeport says to declare $1.00/share supplemental dividend after Plains deal 07:35 EDT FCX Plains Exploration declares special $3.00 per share dividend Plains Exploration (PXP) announced that it has received the approval of Freeport-McMoRan Copper & Gold (FCX) under the merger agreement between the companies for PXP's Board of Directors to declare a special one-time cash dividend of $3.00 per share. Upon receipt of bank waivers under a credit facility that will terminate in connection with the merger, PXP's Board of Directors intends to declare the dividend to PXP stockholders as of May 30, the expected dividend record date. The dividend will be conditioned upon and paid immediately prior to the completion of PXP's merger with Freeport-McMoRan Copper & Gold. May 19, 2013 13:37 EDT FCX Death toll mounts at Freeport's Grasberg mine, Bloomberg reports Subscribe for More Information May 16, 2013 08:12 EDT FCX Freeport, Plains Exploration announce preliminary results of merger election Subscribe for More Information May 15, 2013 17:18 EDT FCX BP Capital gives quarterly update on stakes Subscribe for More Information May 14, 2013 07:29 EDT FCX BofA/Merrill to host a conference Subscribe for More Information 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." May 9, 2013 14:30 EDT FCX Options Update; May 9, 2013 Subscribe for More Information 11:34 EDT MMR Options with increasing implied volatility: BKS MMR LIFE GDI Subscribe for More Information 08:13 EDT FCX PXP announces support for merger with Freeport-McMoRan Subscribe for More Information 08:02 EDT FCX Freeport McMoRan says agreed terms for Plains Exploration are 'best and final' Subscribe for More Information 08:01 EDT FCX Freeport McMoRan says agreed terms for Plains Exploration are 'best and final' Subscribe for More Information May 8, 2013 14:03 EDT FCX Freeport McMoRan reiterated as an Overweight at Morgan Stanley 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. 09:49 EDT FCX CR Intrinsic says Plains Exploration worth 40% more than current market price Subscribe for More Information 09:37 EDT FCX CR Intrinsic Investors to vote against Plains Exploration acquisition Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.