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|Friday Sector Leaders: Financial, Materials
Friday, February 12, 2:34 PM ET, by Market News Video Staff
In afternoon trading on Friday, Financial stocks are the best performing sector, up 2.8%. Within ...
Bunge Moves Up In Market Cap Rank, Passing Freeport-McMoran Copper & Gold
Tuesday, February 16, 4:44 PM ET, by Market News Video Staff
In the latest look at stocks ordered by largest market capitalization, Russell 3000 component Bunge ...
Monday Sector Leaders: Energy, Materials
Monday, February 22, 2:38 PM ET, by Market News Video Staff
In afternoon trading on Monday, Energy stocks are the best performing sector, up 4.5%. Within ...
Tuesday Sector Laggards: Energy, Materials
Tuesday, February 23, 2:37 PM ET, by Market News Video Staff
The worst performing sector as of midday Tuesday is the Energy sector, showing a 3.5% ...
Freeport-McMoran Copper & Gold Becomes #115 Most Shorted S&P 500 Component, Replacing Dun & Bradstreet
Saturday, February 27, 10:09 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 02/12/2016 ...
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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