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Stock Market & Financial Investment News

News Breaks
October 25, 2013
08:14 EDTSCCOSouthern Copper raises share repurchase program to $2B from $1B
Southern Copper announced that on October 17, its board approved an increase of SCC’s previously authorized share repurchase program from $1B to $2B.
News For SCCO From The Last 14 Days
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August 31, 2015
10:02 EDTSCCOOn The Fly: Analyst Downgrade Summary
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06:32 EDTSCCOSouthern Copper downgraded to Neutral from Overweight at JPMorgan
JPMorgan analyst Rodolfo Angele downgraded Southern Copper (SCCO) to Neutral after the firm cut its nickel and copper price estimates to reflect soft demand in China and a lack of rebound in Western European and North American demand. Angele cut his price target for shares to $31.50 from $37. He also lower his price target for Vale (VALE) to $5.50 from $7.50 and kept a Neutral rating on the name.

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