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Stock Market & Financial Investment News

News Breaks
December 27, 2012
08:47 EDTFCX, MMRMcMoRan Exploration volatility low into Dave Jones No.1 update
McMoRan Exploration (MMR) overall option implied volatility of 18 is below its 26-week average of 77 according to Track Data, suggesting decreasing price movement into news the company had “limited success” in unblocking Davy Jones No.1 as Freeport (FCX) proceeds with its announced purchase of the company.
News For MMR;FCX From The Last 14 Days
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December 16, 2014
11:05 EDTFCXMorgan Stanley sees a short-term trading opportunity in Freeport McMoRan
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December 4, 2014
09:29 EDTFCXFreeport McMoRan says conducting review of capital expenditures
Freeport-McMoRan announced the company is conducting a review of capital expenditures and other costs in response to the recent decline in oil prices. The review includes evaluation of opportunities to reduce or defer expenditures and potential partnership arrangements. FM O&G has identified multiple additional development opportunities in the Green Canyon area that could be tied back to the Holstein facility and multiple development opportunities in the Marlin area that could be tied back to the Marlin facility. These projects were previously incorporated in the company’s estimates of production and capital expenditures.
08:13 EDTFCXFreeport McMoRan announces drilling results from Holstein Deep and Dorado wells
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