Freeport-McMoran stock price

Freeport-McMoran latest news:


  • 02/06/2018 15:45:25

    Copper miner Freeport-McMoRan reinstates dividend on stronger outlook

    Freeport-McMoRan Inc(FCX) reinstated its cash dividend on Tuesday, three years after suspending it, reflecting a stronger financial position, improved market conditions and a positive outlook for cash generation. Freeport, the world's biggest publicly listed copper producer, declared a quarterly dividend of 5 cents a share.

  • 02/06/2018 14:56:23

    BRIEF-Freeport-McMoRan Reinstates Cash Dividend On Common Stock

    * FREEPORT-MCMORAN REINSTATES CASH DIVIDEND ON COMMON STOCK Source text for Eikon: Further company coverage:

  • 01/25/2018 06:13:59

    Freeport-McMoRan shares jump 3% premarket after earnings beat

    Freeport-McMoRan Inc. shares jumped 3% premarket Thursday, after the mining and metals company posted better-than-expected fourth-quarter earnings. Freeport said it had net income of $1.0 billion, or 71 cents a share, in the quarter, down from $1.8 billion, or $1.25 a share, in the year-earlier period. Adjusted for tax-related benefits and environmental charges, EPS came to 51 cents, ahead of the FactSet consensus of 48 cents. Revenue rose to $5.041 billion from $4.377 billion, also ahead of the FactSet consensus of $4.883 billion. Chief Executive Richard Adkerson said earnings were boosted by an improving copper market, which is expected to persist in 2018. Shares have gained about 19% in the last 12 months, while the S&P 500 has gained 23%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 12/12/2017 14:03:48

    S&P 500, Dow end at records ahead of Fed decision

    The S&P 500 and Dow industrials advanced to end at records on Tuesday, as the Federal Reserve kicked off its two-day meeting. However, weakness in tech stocks weighed on the Nasdaq Composite. The central bank's Federal Open Market Committee is widely expected to announce its third and final interest-rate hike of 2017 on Wednesday. The S&P 500 closed at a record, rising 4.15 points, or 0.2%, to 2,664.14. The Dow Jones Industrial Average also ended at a fresh all-time high, after adding 118.57 points, or 0.5%, to 24,504.60. The Nasdaq Composite index slipped 12.76 points, or 0.2%, to 6,862.32 Among the biggest winners on Tuesday, Coty Inc and Freeport-McMoRan Inc jumped about 4% after upgrades from analysts. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 11/28/2017 23:02:39

    Freeport Indonesia targets 1.1 mln T copper concentrate exports by end 2017

    The Indonesian unit of U.S. miner Freeport-McMoRan Inc (FCX) is aiming to export 1.1 million tonnes of copper concentrate this year, a company official said in a hearing with parliament on Wednesday. The company had exported 684,333 tonnes of copper concentrate by end-October, according to government data.

  • 11/27/2017 22:26:17

    Indonesia's Inalum given control of state miners ahead of larger Freeport stake

    JAKARTA, Nov 28 (Reuters) - Indonesia has transferred controlling stakes in three state-run mining companies and a 9.36 percent stake in the local unit of Freeport-McMoRan Inc to a holding company under state-owned aluminium producer PT Indonesia Asahan Aluminium (Inalum).

  • 11/23/2017 21:25:35

    Indonesia has 'no clear structure' for Freeport stake purchase yet

    Indonesia's State Owned Enterprise Ministry, tipped to oversee an acquisition of a majority stake in the local unit of Freeport-McMoRan Inc (FCX), has "no clear structure" yet for the deal, a ministry official said on Friday.

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