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Search for Freeport McMoran and
  1. Fast FT

    May 20, 2016

    Freeport pulls IPO of energy unit

    Copper miner Freeport-McMoRan has pulled the initial public offering of its oil and gas unit as the price of crude oil...

  2. May 16, 2016

    Freeport-McMoRan gains ground on broker upgrade

    Freeport-McMoRan was one of the leading gainers on the S&P 500 on Monday after analysts at Cowen & Co boosted their...

Special Reports

  1. Southern Africa Mining 2012

    The region has not made the most of what should have been a rosy period...
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  1. Fast FT

    May 16, 2016

    Energy, Apple help US stock rally

    A rally in crude prices and Apple shares helped the S&P 500 close in the green for the first time in four days. The S&P...

  2. May 16, 2016

    China Molybdenum: changing tune

    China Molybdenum’s corporate anthem needs an update. Its current theme — the sun rising over the hills of Luoyang — is...

  3. May 10, 2016

    Freeport-McMoRan mired in Indonesian uncertainty

    Richard Adkerson calls Grasberg the most complex mine in the world, and it is difficult to argue with...

  4. May 9, 2016

    Freeport sells key copper mine for $2.7bn to China Molybdenum

    Freeport-McMoRan on Monday outlined plans to sell its largest African copper mine to China Molybdenum for $2.65bn, in...

  5. Fast FT

    May 9, 2016

    Freeport to sell Congo copper mine for $2.65bn

    Freeport McMoRan has struck a deal to sell its stake in a vast Congo copper mine to China Molybdenum (CMOC) for $2.65bn...

  6. April 26, 2016

    Freeport to cut quarter of oil jobs

    Freeport-McMoRan is cutting a quarter of the workforce in its oil and gas division after failing to secure a buyer for...

  7. Fast FT

    April 26, 2016

    Freeport to axe 25% of oil and gas workforce

    Freeport McMoRan is cutting its oil and gas workforce by 25 per cent as it grapples with more than $20bn of net debt....

  8. March 15, 2016

    Antofagasta drops final dividend as copper price slide bites

    Antofagasta will not issue a final dividend following a steep fall in earnings, becoming the latest copper producer to...

  9. February 26, 2016

    JC Penney retail chain jumps after beating forecasts

    Shares in JC Penney, the department store in the middle of a turnround, rallied on Friday after the company reported...

  10. Fast FT

    February 22, 2016

    BHP Billiton slashes dividend as profits slide

    Anglo-Australian miner BHP Billiton axed its interim dividend by 74 per cent as it seeks to protect its credit rating...

  11. Fast FT

    February 22, 2016

    Beaten up energy stocks lead US rally

    The energy and materials sectors led US equities sharply into the black on Monday on the back of a rise in the price of...

  12. Fast FT

    February 19, 2016

    S&P may cut Icahn Enterprises to junk

    Standard & Poor’s warned on Friday that it may cut Icahn Enterprises’ credit rating to junk amid investment declines...

  13. February 15, 2016

    Freeport-McMoRan sells Arizona mine stake to Sumitomo for $1bn

    Freeport-McMoRan is selling a stake in an Arizona mine for $1bn, in a sign of the indebted US copper miner’s urgent...

  14. Fast FT

    February 1, 2016

    BHP dividend policy puts it at risk of rating cut - S&P

    BHP Billiton could suffer another ratings downgrade if it does not abandon its so-called progressive dividend policy....

  15. January 26, 2016

    Coach sales boost helps lift S&P 500

    Coach shares jumped on Tuesday after the handbags and accessories retailer said its revenue rose for the first time in...

  16. January 26, 2016

    Freeport-McMoRan extends list of assets for sale

    Freeport-McMoRan is extending the list of assets it is willing to sell as the deepening commodities rout makes it more...

  17. Fast FT

    January 26, 2016

    Freeport eyes more cost cuts as loss deepens

    Freeport-McMoRan, the US copper and oil producer, has become the latest energy company forced into fresh cost-cutting...

  18. January 20, 2016

    Energy stocks follow sliding oil price

    The energy sector fell further on Wednesday as US crude oil prices slid to their lowest level since September 2003. The...

  19. Fast FT

    January 19, 2016

    S&P 500 earnings: sit back and wait for Apple

    If it isn’t already, mark next Tuesday in your diaries. Apple is pulling even more weight than you might have thought –...

  20. January 12, 2016

    Lululemon jumps after holiday sales boost

    Lululemon, the maker of yoga clothing, rallied on Tuesday after providing an upbeat sales outlook for the key holiday...

  21. Fast FT

    January 12, 2016

    Freeport biggest S&P decliner as miners punished

    Mining companies are having another difficult day in the market, with Freeport-McMoRan and Alcoa proving the market’s...

  22. January 11, 2016

    McKesson slides on generic drugs unit weakness

    McKesson slid on Monday after the healthcare supply chain company warned over weakness in its biggest unit. The San...

  23. Fast FT

    January 11, 2016

    Freeport-McMoRan tumbles amid copper decline

    It’s been a stunning fall for one of the world’s biggest copper miners. Freeport –McMoRan plunged close to 20 per cent...

  24. January 7, 2016

    Yahoo leads decliners exposed to China

    US companies with exposure to China took a beating on Thursday over rising economic and financial woes for the world’s...

  25. December 28, 2015

    Moffett departure closes turbulent year for Freeport

    James “Jim Bob” Moffett is stepping down as executive chairman of Freeport-McMoRan, capping a year of turmoil at the US...

  26. December 10, 2015

    Miner bond yields test new highs as copper and iron tumble

    Bond prices for mining companies rebounded from new lows on Thursday, as Glencore announced fresh measures to cut its...

  27. December 9, 2015

    Freeport suspends dividend payments to save cash

    Freeport-McMoRan has responded to the downturn engulfing the mining sector by suspending its dividend, one day after...

  28. December 3, 2015

    Freeport-McMoRan suffers licence setback in Indonesia

    Freeport-McMoRan has suffered a setback after a senior Indonesian minister said Jakarta would refuse to take a quick...

  29. November 19, 2015

    Indonesia launches probe into Freeport-McMoRan extortion claims

    Indonesia has launched an investigation into alleged attempts by senior officials to extort a stake in...

  30. November 12, 2015

    Advance Auto Parts skids into red

    Advance Auto Parts skidded into the red on Thursday after the company revealed weaker than expected quarterly results...

  31. November 10, 2015

    DR Horton leads rally among homebuilders

    DR Horton revealed a bigger climb in its quarterly profits than expected on Tuesday, lending a lift to the homebuilder...

  32. November 10, 2015

    Activists to intensify pressure on boards

    Activist investors will intensify their pressure on the boards of companies by pushing for strategic disposals and...

  33. November 9, 2015

    Lonmin share issue confirms company’s fall from grace

    Back when Lonmin was a leading platinum producer in an effervescent mining sector, it felt muscular enough to give...

  34. October 30, 2015

    Materials bounce back after tough time

    Materials stocks have turned their fortunes round after a punishing year and were the best-performing sector on the S&P...

  35. October 12, 2015

    Eli Lilly’s heart-drug setback reverberates through pharma sector

    Shares of several of the US’s largest drugmakers were roiled on Monday after Eli Lilly surprisingly halted development...

  36. October 9, 2015

    United Airlines climbs amid carrier rebound

    Good news from two of the biggest US carriers put some wind beneath the wings of airline stocks on Friday. United...

  37. October 6, 2015

    DuPont boosted as chief bows out

    DuPont shares surged higher on Tuesday after the company’s chief executive abruptly outlined plans to retire. Ellen...

  38. September 18, 2015

    Adobe rallies on stronger cloud growth

    Software maker Adobe’s shares jumped on Friday after the company reported better than expected third-quarter earnings...

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