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Stock Market & Financial Investment News

News Breaks
November 27, 2012
09:52 EDTPXP, MMRPlains Exploration owns 51M shares of McMoRan Exploration
Plains Exploration (PXP) disclosed in its latest quarterly filing that it owns 51M shares of McMoRan Exploration (MMR), or 31.5% of the outstanding shares. Plains Exploration is down 2% today following yesterday's pullback after McMoRan announced it encountered additional problems at Davy Jones.
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