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(FCX) Freeport-McMoRan Copper & Gold Strike Called Off

vitalstocks — Wed, 30 Nov 2011 19:33:47 +0000

Workers at Freeport-McMoRan Copper & Gold (FCX) decided to end a strike at Peruvian copper mine Cerro Verde that began almost two months ago. Union workers discontinued their work in September 2011 to back demands for higher pay. Cerro Verde has been operating the mine at two-thirds of the normal daily rate with supervisors and [...]

(FCX) Freeport-McMoRan Copper & Gold Strike Called Off

(FCX) Freeport-McMoRan Copper & Gold Faces Labor Action

vitalstocks — Tue, 20 Sep 2011 20:25:51 +0000

Workers at Freeport-McMoRan Copper & Gold‘s (FCX) Grasberg mine in Indonesia plan to go on strike in the coming days after talks with the company failed to resolve a pay dispute, a move that could tighten global copper supplies and lift prices. A strike would be the second in two months at Grasberg, the world’s [...]

(FCX) Freeport-McMoRan Copper & Gold Faces Labor Action

(FCX) Freeport-McMoRan Copper & Gold Mine Workers on Strike

vitalstocks — Wed, 06 Jul 2011 00:08:15 +0000

Thousands of workers kicked off a weeklong strike at Freeport-McMoRan Copper & Gold Inc.’s (FCX) gold and copper mine in eastern Indonesia, demanding higher wages and protesting the dismissal of their union leaders. The US mining giant insists that the work stoppage at the Grasberg mine in the remote province of Papua will not affect [...]

(FCX) Freeport-McMoRan Copper & Gold Mine Workers on Strike

(FCX) Anatomy of Naked Put Trades

vitalstocks — Tue, 28 Jun 2011 16:17:58 +0000

Today I review two short or “naked” put trades I have talked about this month to show examples of how this option technique can be used successfully to either generate income or to buy your favorite names at a discount. On paper, one of the open trades is a winner, and one is a loser. [...]

(FCX) Anatomy of Naked Put Trades

(PBM) Catalyst Health Solutions Acquires FutureScripts

vitalstocks — Tue, 14 Sep 2010 20:22:58 +0000

Expanding its pharmacy benefit management (PBM) solutions, on Monday, Catalyst Health Solutions Inc. (CHSI) announced the purchase of all the PBM units of Independence Blue Cross (IBC) ? FutureScripts LLC and FutureScripts Secure LLC ? for an all cash transaction of $225 million. Both the entities have also received the regulatory approvals relevant for the [...]

(PBM) Catalyst Health Solutions Acquires FutureScripts

(FCX) Freeport-McMoRan Copper & Gold Net Income Shoots Up

vitalstocks — Thu, 22 Apr 2010 21:02:58 +0000

Freeport-McMoRan Copper & Gold Inc. (FCX) reported net income of $897 million or $2.00 per share in the first quarter of 2010, beating the Zacks Consensus Estimate of $1.92 per share. Earnings improved significantly from a modest net income of $43 million, $0.11 per share in the first-quarter 2009. Revenues climbed 68% to $4.4 billion [...]

(FCX) Freeport-McMoRan Copper & Gold Net Income Shoots Up

(FCX) U.S. Industrial Production Inches Higher

vitalstocks — Thu, 15 Apr 2010 23:27:09 +0000

In March, total Industrial Production rose by 0.1%. While that is a slowdown from recent growth rates, and far below consensus expectations of 0.7% growth, if one looks beyond the headline number, it is actually a fairly positive report. For starters, each of the previous three months was revised higher, with growth in February now [...]

(FCX) U.S. Industrial Production Inches Higher

(FCX) Freeport-McMoRan Copper & Gold Earns Positive Rating From Fitch

vitalstocks — Mon, 29 Mar 2010 20:54:10 +0000

Freeport-McMoRan Copper & Gold Inc. (FCX) shares rose 1.6% or $1.26 to close at $79.17 in after-trade hours after Fitch Ratings Services affirmed the issuer default rating and debt ratings of the world’s largest publicly traded copper company. Fitch has retained its “BBB-” rating for issuer default as well as revolving bank loans of $1 [...]

(FCX) Freeport-McMoRan Copper & Gold Earns Positive Rating From Fitch

(FCX) Producer Price Index Falls More Than Expected

vitalstocks — Wed, 17 Mar 2010 19:36:14 +0000

In February, the Producer Price Index (PPI) fell by 0.6%, a far bigger decline than the 0.2% drop expected by the consensus of forecasts. However, all of the decline came from a bigger-than-expected fall in Energy prices. The core index, which strips out the volatile food and energy components rose by 0.1%, which was in line with [...]

(FCX) Producer Price Index Falls More Than Expected

(FCX) Freeport-McMoRan Copper & Gold Outperforms Expectations

vitalstocks — Fri, 22 Jan 2010 00:54:54 +0000

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 loss in the same quarter the previous year. Revenues more than doubled to $4.61 billion. [...]

(FCX) Freeport-McMoRan Copper & Gold Outperforms Expectations

(TGB) Taseko Mines Ltd – Many Mining Companies are Thriving

InvestmentU — Wed, 02 Dec 2009 05:39:05 +0000

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 and fall when the dollar rises. So metals make a steady [...]

(TGB) Taseko Mines Ltd – Many Mining Companies are Thriving

(FCX) Weak Dollar has put a bid into commodities – driving shares of resources companies

vitalstocks — Mon, 30 Nov 2009 04:28:22 +0000

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 of the last 6 months, look for [...]

(FCX) Weak Dollar has put a bid into commodities – driving shares of resources companies

(PCU) Southern Copper Corporation’s Earnings Jump

vitalstocks — Thu, 12 Nov 2009 16:26:26 +0000

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 47 cents year on year. The company attributed lower [...]

(PCU) Southern Copper Corporation’s Earnings Jump

(FCX) Economists See No Inflation Problem

vitalstocks — Mon, 09 Nov 2009 22:46:08 +0000

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 printing press that can always be turned [...]

(FCX) Economists See No Inflation Problem

(FCX) Freeport McMoRan Outperforms

vitalstocks — Wed, 21 Oct 2009 23:36:20 +0000

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 share. The company’s performance reflects successful execution of various cost-reduction initiatives. [...]

(FCX) Freeport McMoRan Outperforms

(FCX) Industrial Production Capacity Utilization Improves

vitalstocks — Fri, 16 Oct 2009 20:36:36 +0000

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 both are still at extremely low levels, the three straight months of improvement [...]

(FCX) Industrial Production Capacity Utilization Improves

(FCX) These two stocks continue to hit new highs – Charting Zacks Elite Stocks

vitalstocks — Fri, 09 Oct 2009 17:46:59 +0000

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 of resistance from about a year [...]

(FCX) These two stocks continue to hit new highs – Charting Zacks Elite Stocks

(PCU) Dr. Copper: Sending Pullback Signal?

vitalstocks — Sat, 03 Oct 2009 21:37:40 +0000

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 and commercial construction. On Mar 6, we discussed the signals copper [...]

(PCU) Dr. Copper: Sending Pullback Signal?

(FCX) Mines Make Excellent Earth Day Investments

InvestmentU — Thu, 23 Apr 2009 21:35:38 +0000

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 talk on their environmental impacts, which may [...]

(FCX) Mines Make Excellent Earth Day Investments

(WIRE) Encore Wire Corporation – Value – Zacks Rank Buy

vitalstocks — Mon, 23 Feb 2009 18:54:29 +0000

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 electrical wire for interior wiring in homes, apartments, manufactured housing and commercial [...]

(WIRE) Encore Wire Corporation – Value – Zacks Rank Buy

(WIRE) Encore Wire Corporation – Beat Wall Street Third Quarter Estimates by 25.93%

Shawn — Wed, 24 Dec 2008 18:22:47 +0000

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 interior wiring in homes, apartments, manufactured housing and commercial and industrial buildings [...]

(WIRE) Encore Wire Corporation – Beat Wall Street Third Quarter Estimates by 25.93%

(FCX) Words from the (investment) wise for the week that was (September 1 – 7, 2008)

prieur — Mon, 08 Sep 2008 10:40:09 +0000

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 the world, with a number of other factors also adding [...]

(FCX) Words from the (investment) wise for the week that was (September 1 – 7, 2008)

(OLN) – Olin Corp – Sales for the quarter were up 61% from the same period last year

Shawn — Wed, 30 Jul 2008 21:00:03 +0000

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 38% from the same period last year.Olin Corporation manufactures and sells industrial [...]

(OLN) – Olin Corp – Sales for the quarter were up 61% from the same period last year