McMoRan

Freeport McMoRan cuts Q2 guidance for copper, gold sales on Indonesia license delay

SimoneN/iStock via Getty Images Freeport McMoRan (NYSE:FCX) shares wobble between small gains and losses Tuesday after the copper producer guided for Q2 consolidated sales volumes nearly 5% below its April forecast of 975M lbs of copper and ~30% below its outlook for 500K oz of gold, citing the delay inContinue Reading

Alcoa, Freeport McMoRan raised at Morgan Stanley amid continued mining tailwinds (NYSE:AA)

In: Finance

Sean Gallup/Getty Images News Alcoa (NYSE:AA) and Freeport McMoRan (FCX) edge higher in Friday’s trading as Morgan Stanley upgrades shares to Overweight from Equal Weight with respective $50 and $62 price targets, saying the stocks have underperformed the broader market and are now reasonably priced. Morgan Stanley’s Carlos De AlbaContinue Reading

Freeport McMoRan cuts Q2 guidance for copper, gold sales on Indonesia license delay

Alcoa, Freeport McMoRan raised at Morgan Stanley amid continued mining tailwinds (NYSE:AA)

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