Hot Heal Care Stocks To Own Right Now: Freeport-McMoran Copper & Gold Inc.(FCX)
Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company?s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Craig Jones]
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Freeport-McMoRan (FCX), a natural resource company engaged in the acquisition of mineral assets, and oil and natural gas resources has seen the worst of times with a slowdown in China and operational problems in Indonesia. This article discusses the reversal of some of the issues and why Freeport-McMoRan is a good stock to own.
- [By Jayson Derrick]
Freeport McMoRan (NYSE: FCX) will resume concentrate shipments from Indonesia. The company will pay higher royalties of four percent on copper sales after paying between 1.5 percent and 3.5 percent under the old deal with the government. Shares lost 2.65 percent, closing at $37.53.
- [By Steven Russolillo]
WATCH FOR: MBA Weekly Purchase Applications (7:00 a.m. Eastern Time). EIA Petroleum Status Report (10:30). Angie’s List, AT&T (T), Boeing (BA), Cheesecake Factory, Delta, Dow Chemical (DOW), Facebook (FB) Freeport McMoRan (FCX), Hanesbrands, Norfolk Southern (NSC), Northrop Grumman (NOC), Pepsi (PEP), Qualcomm (QCOM), Weatherford and Whirlpool (WHR) are among companies scheduled to report quarterly results.
source from Top Stocks For 2015:http://www.topstocksblog.com/hot-heal-care-stocks-to-own-right-now-2.html
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