NEW ORLEANS, July 31— Freeport-McMoran Inc. agreed to acquire the publicly held shares of its Freeport-McMoran Oil and Gas Company affiliate in a stock swap worth about $241 million. Holders of the stock will get about three …
FCX). The stock, which had already added nearly 30% at the closing bell, popped another 19% after hours. According to the Icahn’s filing, he and several of his companies have acquired an aggregate 88 million shares in Freeport. About 7.6 …
What a circuitous path it’s been, but the copper and oil company Freeport-McMoRan Inc. could once again become just a copper miner.
Freeport-McMoran (NYSE: FCX) has finally reached an agreement with the Indonesian government for the continuation of its lease on the giant Grasberg mine. The deal, formally announced on August 29, follows months of tense negotiations …
For a hedged play on Freeport McMoRan (FCX) MarketIntelligenceCenter.com’s algorithms selected the Aug 17, 2018 $18 covered call for a net debit in the $15.83 area. That is also the break-even stock price for the covered call. This …
The shares of copper and gold miner Freeport-McMoRan Inc. (NYSE: FCX) rose in dramatic fashion as 2017 drew to a close, advancing 36% in December. That gain accounted for almost all of the miner's full-year gain of nearly 44%. In …
TORONTO (miningweekly.com) – A negative oil and gas market outlook has forced US diversified miner Freeport-McMoRan (FCX) to pare the capital budget for its exploration and production arm and to defer investments in several …
Carl Icahn has picked his next target: Freeport-McMoRan. Icahn and a group of other investors have snapped up an 8.46% stake in mining company Freeport-McMoRan, according to a joint filing. The filing's with High River Limited …
The activist investor, Carl Icahn acquired 88 million shares or 8.46% stake in Freeport-McMoRan based on his Schedule 13D filing with the Securities and Exchange Commission (SEC). Based on his regulatory filing, Icahn believed that the …
Oct 18 (Reuters) - Shares in Freeport-McMoRan Copper & Gold(FCX.N) fell over 3 percent on Tuesday after the miner said it was considering shutting down its strike-hit Grasberg mine in Indonesia. The Phoenix-based company, which is …