Actionable news
0
All posts from Actionable news
Actionable news in FCX: FreePORT-MCMORAN Inc,

Freeport-McMoRan (FCX) Stock is the ‘Chart of the Day’

NEW YORK (TheStreet) -- Shares of Freeport-McMoRan (FCX - Get Report) are up by 3% to $13.03 in midday trading on Thursday, as the mining company's stock recovers losses from earlier this week, when the company reported its sixth consecutive quarterly loss.

Weak commodity prices have weighed on the company, which has about $20 billion in debt.

On Tuesday, Phoenix-based Freeport-McMoRan reported an adjusted loss of 16 cents per share on revenue of $3.53 billion for the 2016 first quarter. These results were above estimates that called for a loss of 18 cents per share on revenue...


More