Don't Put Your Faith in This Commodity-Led Rally
at The Street - Fri Oct 09, 9:42AM CDT
This runup is about production cutbacks, not increased demand.
BHP: 37.76 (+0.44), VALE: 5.48 (+0.21), IP: 43.23 (+2.14), FCX: 13.49 (+0.03), RIO: 39.74 (+0.93)
Next Resistance Level for Freeport-McMoRan (FCX) is $14.17
Comtex SmarTrend(R) - Fri Oct 09, 9:11AM CDT
Shares of Freeport-McMoRan (NYSE:FCX) have bullishly opened above the pivot of $13.26 today and have reached the first resistance level of $13.82. Investors may be interested in a cross of the next upside pivot targets of $14.17 and $15.08.
FCX: 13.49 (+0.03)
China Shadows Q3 Earnings
Sheraz Mian - Zacks Investment Research - Fri Oct 09, 9:07AM CDT
Alcoa's (AA) weak earnings report put an unflattering spotlight on Q3 earnings season, which starts ramping up next week.
AA: 10.26 (-0.75), FCX: 13.49 (+0.03), CAT: 71.30 (-0.54), SLB: 76.36 (-0.28)
Alcoa Shows China May Be Worse Than We Thought: Jim Cramer
at The Street - Fri Oct 09, 7:50AM CDT
The biggest takeaway from Alcoa's earnings? Cutting back on production in China, indicating big problems still need fixing in that country's economy.
AA: 10.26 (-0.75), FCX: 13.49 (+0.03), CAT: 71.30 (-0.54), PCP: 230.31 (+0.01), BABA: 68.71 (+1.01)
Alcoa Reveals the Truth About China
at The Street - Thu Oct 08, 5:58PM CDT
Quarter shows country's doing worse than we thought.
AA: 10.26 (-0.75), FCX: 13.49 (+0.03), CAT: 71.30 (-0.54), PCP: 230.31 (+0.01), BABA: 68.71 (+1.01)
Can Icahn Save Freeport McMoRan?
Panel Of Zacks Experts - Zacks Investment Research - Thu Oct 08, 2:02PM CDT
Icahn got two seats on Freeport’s board after it announced it wants out of the energy business.
FCX: 13.49 (+0.03)
Freeport (FCX) Surges on Adding 2 Icahn Directors to Board
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 1:05PM CDT
Shares of Freeport-McMoRan Inc. (FCX) surged 9.97% on the announcement that two of Icahn's nominees will join Freeport's board.
TTWO: 29.93 (+0.19), MENT: 25.71 (+0.02), FCX: 13.49 (+0.03), HOLX: 37.28 (+0.08)
This Time, China Means Business (Doesn't It?)
at The Street - Thu Oct 08, 10:24AM CDT
Much of the strength of the U.S. market in the last few days comes from a belief that Chinese government actions are, at last, working to reboot its economy.
JOY: 17.94 (-0.57), GE: 28.07 (+0.04), NKE: 124.94 (+0.03), UTX: 95.37 (+1.04), FCX: 13.49 (+0.03), PSTG: 16.60 (+0.67), WYNN: 75.40 (-0.51), BA: 139.70 (+0.66), MS: 32.72 (-0.27), SBUX: 60.07 (+0.61), PBR: 5.67 (-0.01), IBM: 152.39 (+0.11), BHP: 37.76 (+0.44), NAT: 16.19 (-0.19), CAT: 71.30 (-0.54), RIO: 39.74 (+0.93), AAPL: 112.12 (+2.62), YUM: 70.25 (+2.79)
Freeport-McMoRan (FCX) Stock Falls Despite Indonesia's Promise to Extend Grasberg Contract
at The Street - Thu Oct 08, 9:37AM CDT
Freeport-McMoRan (FCX) shares are down despite the company saying that the Indonesian government promised to extend the contract at its Grasberg mine beyond 2021.
FCX: 13.49 (+0.03)
Covered Call Alerts For Freeport-McMoRan, BlackBerry, Inovio Pharmaceuticals, Whiting Petroleum and VASCO Data Security Released By InvestorsObserver
PR Newswire - Thu Oct 08, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for FCX, BBRY, INO, WLL and VDSI.
INO: 6.16 (+0.20), VDSI: 19.22 (+0.20), WLL: 22.43 (+0.23), BBRY: 7.41 (+0.12), FCX: 13.49 (+0.03)
PT Freeport Indonesia and the Government of Indonesia Agree on Continuation of Operations of the Grasberg Mining Complex beyond 2021
Business Wire - Thu Oct 08, 6:54AM CDT
Freeport-McMoRan Inc. (NYSE: FCX) announced today that PT Freeport Indonesia (PT-FI) and the Government of Indonesia have engaged in productive discussions regarding PT-FI's long term operating rights and investment plans. The Government is currently developing economic stimulus measures which include revisions to mining regulations to promote economic and employment growth.
FCX: 13.49 (+0.03)
Jim Cramer's 'Mad Money' Recap: Watching China Warily, Again
at The Street - Wed Oct 07, 7:08PM CDT
China's stock market has been closed for a holiday and U.S. stocks have started to respond, Cramer says. But what happens if China has a bad day Thursday?
MLM: 165.07 (+2.01), JOY: 17.94 (-0.57), GE: 28.07 (+0.04), CLX: 120.52 (+0.34), NKE: 124.94 (+0.03), RTN: 111.46 (-0.19), FCX: 13.49 (+0.03), KMB: 114.73 (+0.93), BBEP: 2.78 (-0.01), WYNN: 75.40 (-0.51), ACRS: 12.50 (+1.45), ALKS: 60.82 (+0.92), EDGE: 17.60 (-0.02), PEP: 99.47 (+0.50), PBR: 5.67 (-0.01), GILD: 100.65 (-0.16), NVCR: 21.02 (+2.08), FGP: 20.69 (-0.26), UNP: 97.04 (-0.01), URI: 70.76 (+0.23), YUM: 70.25 (+2.79)
Freeport-McMoRan (FCX) Stock Spikes After Appointing Two Icahn Associates to Board
at The Street - Wed Oct 07, 9:36AM CDT
Freeport-McMoRan (FCX) shares are up over 10% after the company appointed two of Carl Icahn's employees to its board.
FCX: 13.49 (+0.03)
Carl Icahn Releases Statement on Agreement with Freeport-McMoRan
PR Newswire - Wed Oct 07, 9:09AM CDT
Today Carl C. Icahn released the following statement regarding Freeport-McMoRan Inc. (NYSE: FCX):
MENT: 25.71 (+0.02), FCX: 13.49 (+0.03)
Freeport-McMoRan Appoints Two New Directors
Business Wire - Wed Oct 07, 8:31AM CDT
Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has entered into an agreement with Carl C. Icahn and his affiliates. In connection with this agreement, Andrew Langham and Courtney Mather have been appointed to FCX's Board of Directors. With these additions, the FCX Board is comprised of eleven directors, nine independent directors and two executive directors.
FCX: 13.49 (+0.03)
Freeport-McMoRan (FCX) Stock Advances, May Spinoff Oil, Gas Business
at The Street - Tue Oct 06, 9:47AM CDT
Freeport-McMoRan (FCX) shares are up on Tuesday as the mining company is looking to possibly spinoff its oil and gas business amid slumping commodities prices.
FCX: 13.49 (+0.03)
Freeport-McMoRan Announces New Board Structure & Review of Strategic Alternatives for Its Oil & Gas Business
Business Wire - Tue Oct 06, 7:00AM CDT
Freeport-McMoRan Inc. (NYSE: FCX) announced today that it has reduced the size of its Board from sixteen to nine members and is undertaking a review of strategic alternatives for its oil and gas business, following constructive discussions with many of its largest shareholders.
FCX: 13.49 (+0.03)
SmarTrend Watching for Potential Pullback in Shares of Freeport-McMoRan After 5.27% Gain
Comtex SmarTrend(R) - Mon Oct 05, 4:22PM CDT
Freeport-McMoRan (NYSE:FCX) traded in a range yesterday that spanned from a low of $10.51 to a high of $11.29. Yesterday, the shares gained 5.3%, which took the trading range above the 3-day high of $10.66 on volume of 37.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
FCX: 13.49 (+0.03)