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*Facebook shares hit another record after UBS raises target. NEW YORK, March 10- U.S. stocks fell on Monday weighed by soft data out of China, lingering concerns over Russia's claim over part of Ukraine and Boeing's latest production setback.
China's exports unexpectedly tumbled in February, falling 18.1 percent from a year earlier and swinging the trade balance into deficit. The data underscored recent concerns about the outlook for China's economy, even though the Lunar New Year holidays were blamed for the slide.
NEW YORK, March 10- U.S. stocks edged modestly lower on Monday, and the S&P 500 held near record highs, as investors largely shrugged off unexpectedly weak data in China. "I don't think it's disruptive to the way people are looking at China as an economy that has lost some of its hyperbolic move and that is almost welcome."
NEW YORK, March 10- U.S. stocks were set to open slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data in China which tempered enthusiasm over the strength of the global economy.
March 3- Freeport-McMoRan Copper& Gold Inc halved the base salaries of two members of the Office of the Chairman as of Feb. 27, according to a filing by the company on Monday. Executive Chairman James Moffett and James Flores, CEO of FCX's oil and gas unit, will be paid $1.25 million instead of $2.5 million.
JAKARTA, March 3- Indonesia's mines ministry could recommend as early as this week that Freeport-McMoRan Copper& Gold receive a reprieve from a controversial tax that has halted copper exports for more than two months, a government official told Reuters.
*Freeport McMoran says Indonesia unit may have to call force majeure. LONDON, Feb 28- Copper steadied on Friday but looked set to close flat on the month on lingering worries over a slowdown in China, though soothing comments by Federal Reserve Chair Janet Yellen limited losses.
*Freeport McMoran says Indonesia unit may have to call force majeure. LONDON, Feb 28- Copper dipped on Friday and looked set to close flat on the month on lingering worries over a slowdown in China though soothing comments by Federal Reserve Chair Janet Yellen limited losses.
SYDNEY, Feb 28- London copper steadied on Friday after comments by Federal Reserve Chair Janet Yellen soothed jitters over U.S. growth prospects, but was set to close the month flat on lingering worries over a slowdown in China.
JAKARTA, Feb 28- Freeport-McMoRan Copper& Gold said its Indonesian unit may need to declare force majeure on copper concentrate sales if a dispute with the government over export taxes drags on for a prolonged period.
Feb 28- Freeport-McMoRan Copper& Gold said its Indonesian unit may be required to declare force majeure on copper concentrate sales due to regulatory changes in Indonesia.
*The move is a potential victory for Freeport, Newmont. *Minister: Freeport to resume copper exports in near future. A senior government official said Freeport would resume exports of copper concentrate in the "near future".
*Indonesia will consider easing export tax after Freeport builds smelter-minister. JAKARTA, Feb 24- U.S. miner Freeport-McMoRan Copper& Gold is expected to resume copper concentrate exports from Indonesia in the "near future", a minister said, after halting shipments due to a dispute over new mining rules imposed last month.
SYDNEY, Feb 24- London copper fell sharply on Monday to its lowest in more than two weeks as worries about tightening monetary policy in the United States and fragile growth in China hurt the demand outlook for metals. *The most-traded April copper contract on the Shanghai Futures Exchange slid 1.33 percent to 49,870 yuan a tonne.
*Copper producers Freeport and Newmont in dispute with govt. The tax ratchets up sharply before an outright export ban from 2017 and Freeport and Newmont Mining Corp, which produce 97 percent of Indonesia's copper, have halted all exports and are locked in talks with the government because they say the tax breaches their contracts.
The "Fast Money" traders share their final trades of the day.
TORONTO, Feb 10- Canadian base metal miner HudBay Minerals Inc said it plans to buy exploration company Augusta Resource Corp in a bid to gain control of its Rosemont project in Arizona, an asset widely viewed as one of the most promising copper projects in the United States.
JAKARTA, Feb 4- Indonesia's mines minister, Jero Wacik, has been on an unusual mission in recent months: finding a way out of implementing his own government's policy. A smiling, well-rehearsed politician, Wacik was earlier tourism minister, pushing the charms of his native Bali island and other Indonesian attractions.
JAKARTA, Jan 28- Indonesia will issue export quotas for processed minerals and concentrates soon, a senior mines ministry official said, the latest policy step tied to controversial government efforts to take greater control over shipments of its natural resources.
JAKARTA, Jan 28- Indonesia plans to issue export quotas for processed minerals and concentrates soon, a senior mines ministry official said, as the government seeks to take greater control over shipments of its natural resources.