Freeport Up 5% After Earnings
Freeport-McMoRan Copper & Gold (FCX) featured quite a lot on this blog early last month, dropping 20% on news that it was going to buy McMoRan Exploration (MMR) and Plains Exploration & Production (PXP) in deals totaling up to $10 billion — without seeking shareholder approval. The stock had recovered from that swoon somewhat, with [...]
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