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Freeport-McMoRan Inc

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  • All the major market indexes finished lower for the day.  Volume is likely to be light on Friday ahead of the Christmas holiday.

  • Hedge Fund Fights Phelps Deal Monday, 11 Dec 2006 | 1:42 PM ET

    A hedge fund with a 5.1% stake in Phelps Dodge plans to vote against a proposed $25.9 billion takeover of the mining company by Freeport-McMoRan saying the offer does not fairly value Phelps Dodge.