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|Wednesday Sector Laggards: Energy, Materials
Wednesday, March 28, 2:40 PM ET, by Market News Video Staff
The worst performing sector as of midday Wednesday is the Energy sector, showing a 1.4% ...
Noteworthy Wednesday Option Activity: PQG, MBI, FCX
Wednesday, March 28, 3:34 PM ET, by Market News Video Staff
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
Interesting FCX Put And Call Options For May 11th
Thursday, March 29, 10:48 AM ET, by Market News Video Staff
Investors in Freeport-McMoran Copper & Gold (FCX) saw new options become available today, for the ...
Thursday Sector Leaders: Materials, Technology & Communications
Thursday, March 29, 2:50 PM ET, by Market News Video Staff
Looking at the sectors faring best as of midday Thursday, shares of Materials companies are ...
VAW, SHW, PPG, FCX: ETF Outflow Alert
Tuesday, April 3, 10:57 AM ET, by Market News Video Staff
Symbols mentioned in this story: VAW, SHW, PPG, FCX Exchange traded funds (ETFs) trade just ...
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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