Gold and gold miners have been some of the hottest trades this year, and now one trader is looking for even more luster.» Read More
Jim Cramer loved the rally on Wednesday, but warned that some stocks will rally into the New Year artificially.
U.S. stocks closed higher Wednesday, the last full trading day of the week, led by recovery in oil prices and commodities-related sectors.
Dec 23- Freeport-McMoRan Inc, the U.S. miner that was targeted by activist investor Carl Icahn earlier this year, is planning to run an auction process for its oil and gas assets in early 2016, according to people familiar with the matter. Phoenix, Arizona- based Freeport-McMoRan's board has retained investment bank Lazard Ltd to advise on possible sale of the...
It's easy to argue for a short-term pop in energy and materials. Making a shot at value as a strategy for 2016 is a tougher sell.
U.S. stocks closed near session lows Thursday as investors eyed oil prices and economic data, after the Fed raised rates on Wednesday.
One of the industrial metals most associated with the boom years in China has been hit hard by the country's lurch away from its previous fixed-asset investment growth model. Copper is some way off its 2008 trough below $3,000, although that may only encourage more bear attacks, particularly in China, where shorting metals has become the hot trade for...
U.S. stocks closed higher Monday, helped by a pause in the oil price slide amid continued concerns about the high-yield debt market.
Carl Icahn supported Freeport-McMoRan's recent cost cuts, saying commodities companies need to take steps to stay afloat.
“Mad Money” host Jim Cramer is revealing which stock is setting the standard…and not in a good way.
Jim Cramer says it just doesn't pay to make this kind of a decision about a stock, especially when it comes to commodities.
*CFO David Herzog to be replaced by Sid Sankaran. Dec 10- Four top-level executives at American International Group Plc, including its finance head, will leave the insurer as part of a management shake-up aimed at simplifying operations and cutting costs. The news comes amid mounting tensions between AIG Chief Executive Peter Hancock and activist investor...
A scandal involving U.S. mining giant Freeport-McMoRan in Indonesia highlights the need for more transparency in the international commodities trade.
Some companies have cut dividends to deal with a commodities crunch, and "Fast Money" traders saw others that could follow suit.
U.S. stocks closed lower, shaking off an earlier boost from news of a potential merger, as investors eyed a renewed decline in oil.
Dec 9- Freeport-McMoRan Inc on Wednesday suspended its annual dividend and made deeper cuts in capital spending and copper production, the latest mining company to act to preserve cash as a commodities' price downturn enters its fifth year. Shares in the U.S. diversified miner and oil producer jumped 9.9 percent to $7.41 a share on Wednesday morning, getting...
Dec 9- Diversified U.S. miner and oil producer Freeport-McMoRan Inc said it had suspended its annual dividend of 20 cents per share to save cash amid a slump in commodity prices. Freeport, under pressure from activist investor Carl Icahn, further reduced its capital spending plans for 2016 and 2017 on Wednesday. They closed at $6.74 on the New York Stock Exchange...
Take a look at some of Wednesday's early movers: TWTR, KMI, YHOO, DD, AAPL & more
Dec 9- Diversified U.S. miner and energy producer Freeport-McMoRan Inc said it had suspended its annual dividend of 20 cents per share to save cash amid a slump in commodity prices.
After oil's slide continued, traders assessed whether some companies would make it if it dipped to $30, or even $20, per barrel.