Further spread tightening still possible [Investment Executive - News]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
investors.fcx.com/investors/presentations/default.aspx
Company Research
Source: Investment Executive - News
(Runtime: 4:59. Read.) ** Tight corporate bond spreads could become even tighter through the balance of 2021, predicts Brian Kloss, a portfolio manager with Brandywine Global Investment Management. Kloss said spreads will widen eventually, given generous governmental fiscal spending and easing of pandemic restrictions, but in the meantime, there could be further tightening. “Coupled with a growing economy, we think spreads are probably near their tightest,” he said. “But we don’t see any reason for them to widen dramatically [in the short term] and you could still get a little bit of spread tightening.” Overall, however, he said he is constructive on corporate credit. “We would actually argue that you should be shorter on the curve,” he said. “You should be focused on those procyclical types of names: commodities [and] basic materials, and if you want a little bit of safety, you can throw in some of the health care technology as well.” Explicit support for investment-grade corp
Show less
Read more
Impact Snapshot
Event Time:
FCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCX alerts
High impacting Freeport-McMoRan, Inc. news events
Weekly update
A roundup of the hottest topics
FCX
News
- Compared to Estimates, Freeport-McMoRan (FCX) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q1 [Yahoo! Finance]Yahoo! Finance
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target raised by analysts at Bernstein Bank from $52.00 to $52.50. They now have an "overweight" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target raised by analysts at HSBC Holdings plc from $39.00 to $45.00. They now have a "hold" rating on the stock.MarketBeat
- Miner Freeport-McMoRan beats quarterly profit estimates on strong production [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
FCX
Earnings
- 4/23/24 - Beat
FCX
Sec Filings
- 4/23/24 - Form 8-K
- 4/16/24 - Form PRE
- 4/2/24 - Form 4
- FCX's page on the SEC website