Freeport-McMoRan Copper & Gold Inc


  • May 8- Freeport-McMoRan Copper& Gold Inc said on Thursday it would buy Apache Corp's deepwater oil and gas projects in the Gulf of Mexico for $1.4 billion, a day after saying it would shed $3.1 billion in Eagle Ford shale assets in Texas.

  • Early movers: DIS, WFM, AOL, EBAY & more Wednesday, 7 May 2014 | 7:48 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Freeport sheds TX shale assets in $3.1 bln deal Wednesday, 7 May 2014 | 7:32 AM ET

    Freeport-McMoRan is selling its Eagle Ford Shale assets in Texas to an Encana subsidiary for $3.1 billion.

  • The man pushing CEO pay to the stratosphere Tuesday, 29 Apr 2014 | 10:38 AM ET
    Bob Iger, CEO of Walt Disney Corp, John Donahoe, CEO of Ebay and Pierre Dauman, CEO of Viacom. These three companies' boards pay CEOs above the median of the company’s self-selected peers.

    Ira Kay, the top CEO-compensation consultant, is on a mission to defend rising executive compensation, despite outrage from shareholders.

  • Midday movers: Apple, Netflix, Sotheby's & More Thursday, 24 Apr 2014 | 12:32 PM ET
    A customer tries an Apple product at the company's Fifth Avenue store in Midtown Manhattan on April 22, 2014 in New York City.

    Some of Thursday's midday movers:

  • April 24- Freeport McMoRan Copper& Gold Inc reported a decline in first quarter profit on Thursday, hurt by lower copper prices and a conflict with the government of Indonesia that has halted its copper concentrate exports from the country. The company said it is working to resolve the dispute in Indonesia over a new export tax announced in January.

  • METALS-Nickel hits 14-mth high on ore export ban Sunday, 13 Apr 2014 | 9:44 PM ET

    SINGAPORE, April 14- Nickel extended gains on Monday to hit its highest level in more than a year on renewed concerns over supply of the stainless steel material following Indonesia's move to stop ore exports.

  • *Aluminium gains at risk given China slowdown. LONDON, April 4- Copper slipped on Friday on persistent investor concerns about slowing growth in top consumer China, though losses were limited as solid U.S. jobs data fed hopes that copper demand would pick up in the world's largest economy.

  • *Hopes bolstered after Beijing says ready to support economy. LONDON, March 31- Copper was down slightly after earlier hitting a two-week high on Monday, following a 2.8 percent gain last week, as investors were wary of China's tighter credit conditions despite hopes Beijing would stimulate its economy.

  • SYDNEY, March 31- London copper was steady on Monday but was set to post its biggest monthly drop since June, as a slow start to the year for manufacturers in top consumer China dimmed the outlook for metals demand.

  • JAKARTA, March 31- Dressed in the style of Indonesia's first leader, even using replica 1950 s microphones, presidential hopeful Prabowo Subianto roared to thousands of supporters at a recent rally in the capital: " Indonesia cannot be bought".

  • *Freeport targtting 2014 copper sales worth $5.7 bln. JAKARTA, March 28- Indonesia has approved big increases in 2014 copper sales for local units of copper miners Freeport McMoRan Copper& Gold Inc and Newmont Mining Corp, as it pushes for the two firms to resume exports quickly.

  • LONDON, March 28- Copper rose on Friday, climbing to its highest in 2-1/ 2 weeks, as speculation gathered pace that China could step-in to stimulate its economy and lift demand for industrial metals.

  • SYDNEY, March 28- London copper edged higher on Friday, moving further away from more than three-year lows hit earlier this month, as hopes for stimulus in top metals user China put it on target for its biggest weekly rise in six months.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia has reached a deal over export taxes with U.S. mining company Freeport-McMoRan Copper& Gold Inc, allowing nearly $4 billion worth of annual copper shipments to resume as early as next month.

  • JAKARTA, March 27- Indonesia's government has reached a deal over export taxes with U.S. mining giant Freeport-McMoRan Copper& Gold Inc, which should resume copper shipments next month, a senior finance ministry official told Reuters on Thursday.

  • *Newmont says still shipping to Indonesia's Gresik copper smelter. JAKARTA, March 26- Newmont Mining Corp has not cut output at its Indonesian copper and gold mine, a spokesman at the Denver- based company said on Wednesday, denying government claims earlier in the day that its production had been slashed.

  • *BP wins 24 bids for $41.6 million. HOUSTON, March 19- BP Plc rejoined bidders for exploration and production leases in the Gulf of Mexico on Wednesday and won 24 tracts after the U.S. government lifted a 16- month ban barring the company from new federal contracts.

  • Bottom-fishing in the materials stock sector Monday, 17 Mar 2014 | 8:00 AM ET
    Joy Global mining machinery.

    Most investors shy away from materials stocks, opening up some opportunities for some value stock bargains.