All Posts Tagged With: "FCX"
(EU) Stock Market News for January 12, 2012 – Market News
European debt concerns once again weighed down the markets and dragged the Dow slightly lower, while the S&P 500 and Nasdaq posted meager gains. Reports of Germany’s economy contracting during the end of 2011 and a downward revision of economic growth estimates by the European...
13Jan2012 | vitalstocks | 0 comments | Continued(FCX) Freeport-McMoRan Copper & Gold Strike Called Off
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...
30Nov2011 | vitalstocks | 0 comments | Continued(CME) A Beginner’s Guide to Commodity Investing
by Carl Delfeld, Investment U Senior Analyst Thursday, November 17, 2011 I’ll never forget my first visit as a teenager to the commodity-trading pit of the Chicago Mercantile Exchange (CME). The swirling bright colored jackets, the shouting and rapid hand signals (looked like...
18Nov2011 | InvestmentU | 0 comments | Continued(GM) Metals and Mining Stock Outlook – November 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
11Nov2011 | vitalstocks | 0 comments | Continued(AAPL) A Busy Week Ahead – Earnings Preview
Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&P 500. Thus, by the end of the week we will have a very...
17Oct2011 | vitalstocks | 0 comments | Continued(PCE) Stock Market News for October 3, 2011 – Market News
On Friday, markets slipped heavily lower as fresh hints of weakness in the European and domestic economy crippled investor sentiment. However, it was not just Friday’s downtrend that was a matter of concern. With each benchmark losing around 12% for the quarter, this has been...
3Oct2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for September 29, 2011 – Market News
Benchmarks snapped their three-day winning streak as investors grew anxious about Europe’s lingering debt crisis that is now threatening the global economy. Commodity shares dragged down indices as energy and raw materials lost their sheen after a steep drop in their prices. The...
29Sep2011 | vitalstocks | 0 comments | Continued(FCX) Freeport-McMoRan Copper & Gold Faces Labor Action
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...
20Sep2011 | vitalstocks | 0 comments | Continued(XLI) Stock Market News for September 14, 2011 – Market News
Markets registered their first back-to-back gains this month, as industrial and material stocks helped push the benchmarks higher. The trading session was significantly calm compared to the high levels of volatility that the markets endured since early last month. For the first...
14Sep2011 | vitalstocks | 0 comments | Continued(AAPL) 2011 Second Quarter Earnings Preview – Detailed
Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&P 500. By next Friday we should have a very good handle on how the overall...
18Jul2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for July 14, 2011 – Market News
Remarks from the Federal Chairman came to the rescue of the markets on Wednesday after he indicated a possible third round of economic stimulus. Subsequently, the markets ended their four-day losing streak and benchmarks ended in the green. Moreover, an encouraging report from...
14Jul2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for July 8, 2011 – Market News
On Thursday, positive jobs and retail reports lifted investor sentiment and subsequently boosted the benchmarks which edged closer to 2011 highs. Nonetheless, volumes remained tight as investors anxiously await crucial non-farm payroll data from the government. The Dow Jones...
8Jul2011 | vitalstocks | 0 comments | Continued(FCX) Freeport-McMoRan Copper & Gold Mine Workers on Strike
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...
5Jul2011 | vitalstocks | 0 comments | Continued(GM) Metals & Mining Stock Outlook – July 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
1Jul2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for June 30, 2011 – Market News
On Wednesday, markets enjoyed their best three-day winning streak in three months as investor sentiment was boosted by news that the Greek austerity plan had been approved by the nation’s lawmakers. This would not only enable Greece avoid a debt default but would also help...
30Jun2011 | vitalstocks | 0 comments | Continued(FCX) Anatomy of Naked Put Trades
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...
28Jun2011 | vitalstocks | 0 comments | Continued(SID) Rio Tinto to Buy Tata’s Riversdale Stake
Recently, Rio Tinto plc (RIO) received a nod from the Indian Steel major Tata Steel to buy 26% stake in its coal mining company, Riversdale in an open offer of AUD 16.5 per share, or roughly $17.36 per share. The deal is valued at $1.1 billion. The deal is expected to give Rio...
23Jun2011 | vitalstocks | 0 comments | Continued(XLF) Stock Market News for June 17, 2011 – Market News
Except the Nasdaq, all the benchmarks closed higher on Thursday as investor sentiment was somewhat lifted by economic reports. However, concerns about Greece’s debt situation kept gains in check. The gains made during a volatile trading session were also attributable to the...
17Jun2011 | vitalstocks | 0 comments | Continued(XLF) Stock Market News for June 16, 2011 – Market News
Disappointing economic data combined with concerns over Greece to drag the markets lower yet again, on Wednesday. This development significantly diminishes the possibility of benchmarks avoiding their seventh straight week of losses. Financials, materials and energy dragged the...
16Jun2011 | vitalstocks | 0 comments | Continued(CME) Meet New Zacks Senior Stock Strategist Kevin Cook
Hello fellow investors! My name is Kevin Cook and I just joined the Zacks.com team as a Senior Stock Strategist. I can’t wait to share with you all the ways we can work together to not simply survive in this market, but to thrive in it! But, first things first…I want...
1Jun2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for May 18, 2011 – Market News
Lukewarm economic data discouraged investors as it showed further signs of economic weakness and coupled with the negative outlook from Hewlett-Packard Company, the markets continued its stay in the red. However, on the back of favorable corporate results, the indices showed...
18May2011 | vitalstocks | 0 comments | Continued(ADP) Stock Market News for May 9, 2011 – Market News
Just when investors had grown despondent, indices snapped their four-day losing streak on Friday, as the biggest employment addition in five years lifted markets into the green. Both the Dow Jones Industrial Average (DJIA) and Standard & Poor climbed 0.4% to settle at 12,638.74...
9May2011 | vitalstocks | 0 comments | Continued(ABX) Barrick Gold Moves into Copper Mining
by Tony D’Altorio, Investment U Research Friday, April 29, 2011 Barrick Gold (NYSE: ABX) is the world’s largest gold producer. Last year, it mined net profits of $3.3 billion, but it wants more… So it recently surprised the market with a $7.6-billion bid for Canadian-Australian...
3May2011 | InvestmentU | 0 comments | Continued(F) Metals & Mining Industry Outlook – March 2011 – Industry Outlook
Overview The Metals & Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting...
25Mar2011 | vitalstocks | 0 comments | Continued(AOL) Company News for March 24, 2011 – Corporate Summary
• According to a regulatory filing, the Federal Reserve rejected Bank of America’s (NYSE:BAC) plan for a hike in its dividend in the second half of 2011 • Colgate Palmolive (NYSE:CL) announced its plans to buy the Sanex personal care brand from Unilever PLC (NYSE:UL)...
25Mar2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for March 24, 2011 – Market News
Materials stocks took the markets modestly ahead over hopes of rebuilding after an earthquake and tsunami ravaged Japan. Weak US new home sales data took the markets to session lows during the day before rebuilding hopes pumped in modest momentum. However, the day saw very tight...
25Mar2011 | vitalstocks | 0 comments | Continued(CLF) Stock Market News for March 18, 2011 – Market News
Upbeat economic data helped offset fears of Japan’s nuclear meltdown and pushed indices higher ending a three-day losing streak for US markets. The day after the Dow recorded its largest decline since August 2010, the Dow Jones Industrial Average gained 1.39% to end at 11,774.51....
18Mar2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for January 21, 2011 – Market News
Fears of additional tightening measures by China to control inflation turned investors jittery on Thursday as markets shed a few points. Lackluster and mixed earnings reports did little to restore investors’ faith. However, positive economic data helped the indices avoid a...
31Jan2011 | vitalstocks | 0 comments | Continued(CAT) Stock Market News for January 28, 2011 – Market News
Technology stock earnings results helped the markets close higher on Thursday’s trade after mixed economic data failed to push the markets up to new highs. The Dow fell from the psychological 12,000 mark it had touched Wednesday, the highest since June 2008. The Dow Jones...
29Jan2011 | vitalstocks | 0 comments | Continued(AA) Stock Market News for January 14, 2011 – Market News
On Thursday, markets ended marginally lower and shed gains from the previous session. The dismal show of the indices yesterday was primarily due to disappointing economic data. However, successful bond auctions in Europe somewhat soothed investors’ frayed nerves. The Dow...
14Jan2011 | vitalstocks | 0 comments | Continued