Freeport-McMoRan Declares Quarterly Cash Dividend on Common Stock PHOENIX---- Freeport-McMoRan Inc. today declared a cash dividend of $0.05 per share payable on November 2, 2015 to holders of record as of October 15, 2015 for its common stock. FCX's portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world's largest copper and gold deposits; significant mining operations in the Americas,...
Source: Business Wire
UPDATE 2-Chile's Collahuasi copper mine to cut output, union eyes protest SANTIAGO, Sept 29- Chile's second-biggest copper mine Collahuasi, owned by Anglo American Plc and Glencore Plc, is planning to cut output by 30,000 tonnes, and with dozens of jobs on the line the mine's union said it is mulling how it will protest the move. The company did not state how many, but Collahuasi union leader Jose Vergara told Reuters that the company had...
| By: Fabian Cambero
Carl Icahn: Danger ahead CNBC's Scott Wapner reveals highlights from Carl Icahn's self-financed video. Icahn reveals he bought Freeport-McMoRan because he thinks copper prices will recover in a couple of years.
UPDATE 1-Chile's Collahuasi copper mine to cut output amid price rout SANTIAGO, Sept 29- Chile's second-biggest copper mine Collahuasi, owned by Anglo American and Glencore, said on Tuesday it will cut output by 30,000 tonnes, becoming the latest major producer to protect itself against sinking prices in the biggest rout in years. Fears over economic growth in key consumer China have led commodities prices to tumble.
| By: Fabian Cambero
5 things that keep Carl Icahn up at night Billionaire investor Carl Icahn thinks stocks could go down 'a lot more' as the market comes to grips with bubbles exacerbated by the Fed.
| By: Scott Wapner
PPI Releases Fourth Annual Report Ranking U.S. Companies Investing in America's Future WASHINGTON, Sept. 28, 2015/ PRNewswire/-- The Progressive Policy Institute today released a new report, " U.S. Investment Heroes of 2015: Why Innovation Drives Investment, "ranking the top 25 nonfinancial American companies by their capital spending in the United States in 2014. For the fourth consecutive year, AT&T was at the top of the Investment Heroes list with...
Source: PR Newswire