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|Wednesday Sector Laggards: Healthcare, Materials
Wednesday, September 13, 2:32 PM ET, by Market News Video Staff
Looking at the sectors faring worst as of midday Wednesday, shares of Healthcare companies are ...
See How Freeport-McMoran Copper & Gold Ranks Among Analysts' Top Metals Picks
Friday, September 15, 11:49 AM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Freeport-McMoran Copper & Gold ...
Thursday Sector Leaders: Materials, Utilities
Thursday, September 28, 2:32 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Materials companies are ...
Friday Sector Laggards: Utilities, Materials
Friday, September 29, 2:30 PM ET, by Market News Video Staff
In afternoon trading on Friday, Utilities stocks are the worst performing sector, showing a 0.1% ...
Friday Sector Laggards: Energy, Materials
Friday, October 6, 2:44 PM ET, by Market News Video Staff
In afternoon trading on Friday, Energy stocks are the worst performing sector, showing a 1.2% ...
Freeport-McMoRan Copper & Gold Announces Earnings; Golden Star Resources Announces Production Results
By Metals Channel Staff, Thursday, April 19, 2:36 PM ET
Freeport-McMoRan Copper & Gold (NYSE:FCX) today reported that it earned $764 million, or $0.80 per share, in the first quarter of 2012, versus $1.5 billion, or $1.57 per share, in the same period a year ago. Operating cash flows for first-quarter 2012 were $801 million versus $2.4 billion for first-quarter 2011. Based on current 2012 sales volume and cost estimates and assuming average prices of $3.50 per pound for copper, $1,600 per ounce for gold and $14 per pound
Shares are lower by about a tenth of a percent in early afternoon trading.
Golden Star Resources (AMEX:GSS) today announced preliminary first quarter 2012 production results for its Bogoso/Prestea and Wassa/HBB operations. The Company produced a total of 77,725 ounces of gold in the first quarter ended March 31, 2012, compared with guidance of 79,000 ounces. Preliminary cash operating cost for the quarter is approximately $1,120 per ounce.Wassa/HBB operations performed in line with expectations in the first quarter of 2012, with 36,483 ounces sold at an estimated cash operating cost of approximately $1,000 per ounce.
Shares are lower by about seven tenths of a percent in early afternoon trading.
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