Copper
(FCX) Freeport-McMoRan Copper & Gold Outperforms Expectations
The world’s largest publicly traded copper company, Freeport-McMoRan Copper & Gold Inc. (FCX), reported fourth-quarter 2009 earnings of $2.15 per share, ahead of the Zacks Consensus Estimate of $1.59 per share. Earnings represented a significant turnaround from a $14 billion...
21Jan2010 | vitalstocks | 0 comments | Continued(TGB) Taseko Mines Ltd – Many Mining Companies are Thriving
Stock of the Day by Sheena Martin, Contributing Editor It’s no secret that many mining companies are thriving at the moment, as a weak dollar and the prospect of inflation attract investors to precious metals. Prices for commodities typically rise when the dollar falls...
1Dec2009 | InvestmentU | 0 comments | Continued(FCX) Weak Dollar has put a bid into commodities – driving shares of resources companies
Freeport McMoran Copper Gold Co. (FCX) recently hit another 52-week high above $87 as both gold and copper continue to surge, with gold generating a buzz on the Street while approaching the $1,200 level. Shares of FCX have been riding a very smooth trend line higher for most...
29Nov2009 | vitalstocks | 0 comments | Continued(PCU) Southern Copper Corporation’s Earnings Jump
Southern Copper Corporation (PCU), one of the leading copper producers in the world, posted net earnings of 37 cents in the third quarter of 2009, better than the Zacks Consensus Estimate of 31 cents. Earnings jumped 78.6% from 21 cents sequentially while it declined 22.3% from...
12Nov2009 | vitalstocks | 0 comments | Continued(FCX) Economists See No Inflation Problem
Analytically, there are three components to an interest rate. The first is the risk that the money will not be paid back. This is a very big factor when dealing with corporate bonds, especially junk bonds. For the U.S. government’s obligations, as the owner of a nice shiny...
9Nov2009 | vitalstocks | 0 comments | Continued(FCX) Freeport McMoRan Outperforms
Freeport McMoRan (FCX), the large-cap global mining company, reported its third quarter earnings earlier today. The company reported earnings of $2.07 per share compared to $1.31 per share in the third quarter of 2008. This handily beat the Zacks Consensus Estimate of $1.18 per...
21Oct2009 | vitalstocks | 0 comments | Continued(FCX) Industrial Production Capacity Utilization Improves
In September, total Industrial Production rose by 0.7% from August — its third straight monthly increase after a string where it was down 17 of 18 months. Total Capacity Utilization also climbed to 70.5%, up from an upwardly revised 69.9% (originally 69.6%) in August. While...
16Oct2009 | vitalstocks | 0 comments | Continued(FCX) These two stocks continue to hit new highs – Charting Zacks Elite Stocks
Freeport McMoran Copper & Gold Inc. (FCX) took a hit with the overall market in the big sell off of late 2008 and early 2009, but shares have since recovered nicely and posted big gains after bottoming out in early March. More recently shares have been pressuring an area...
9Oct2009 | vitalstocks | 0 comments | Continued(PCU) Dr. Copper: Sending Pullback Signal?
Copper has long been called the “metal with the PhD” or the “smart” metal because of its apparent ability to predict changes in the economy based on metal demand and pricing. Copper is used in many industrial capacities, but especially in piping in residential...
3Oct2009 | vitalstocks | 0 comments | Continued(FCX) Mines Make Excellent Earth Day Investments
by The Investment U Research Team In honor of Earth Day, we looked at a few companies dealing specifically in earth, lots of it. Rio Tinto (ASX: RIO) and BHP Billiton Limited (ASX: BHP) are the largest diversified mining and resources companies in the world. While we can’t...
23Apr2009 | InvestmentU | 0 comments | Continued(WIRE) Encore Wire Corporation – Value – Zacks Rank Buy
Encore Wire Corporation (WIRE) continues to outperform even while it customers operate in one of the toughest sectors in the economy: construction. On Feb 9, Encore beat Wall Street estimates for the fourth quarter by 69.82%. Encore Wire manufactures a range of copper...
23Feb2009 | vitalstocks | 0 comments | Continued(WIRE) Encore Wire Corporation – Beat Wall Street Third Quarter Estimates by 25.93%
Encore Wire Corporation (WIRE) beat third quarter estimates by 25.93% even as it navigates the downturn in the construction industry and volatile copper prices. WIRE has a forward P/E of 14.4. Company Description Encore Wire manufactures a range of copper electrical wire for...
24Dec2008 | Shawn | 0 comments | Continued(FCX) Words from the (investment) wise for the week that was (September 1 – 7, 2008)
Investors not only returned to a shortened trading week after the Labor Day holiday on Monday, but also to a bruising on stock markets, at least for those with long equity positions. Concerns about the global economic outlook and continued financial duress spooked bourses around...
8Sep2008 | prieur | 0 comments | Continued(OLN) – Olin Corp – Sales for the quarter were up 61% from the same period last year
Olin Corporation’s (OLN) share price has been steadily advancing for most of the year, recently hitting a new 52-week and all-time high above $29. This recent price strength comes on the heels of the company’s strong second-quarter results in which revenue was up...
30Jul2008 | Shawn | 0 comments | Continued