METALS-Copper posts steepest weekly drop since 2015 on virus fears [Reuters]
Freeport-McMoRan, Inc. (FCX)
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am
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Source: Reuters
METALS-Copper posts steepest weekly drop since 2015 on virus fears * Virus sparks fears of metals demand hit * Copper stocks in China and LME rise this week * Eight straight sessions of losses for copper (Adds closing prices, updates milestones) By Zandi Shabalala LONDON, Jan 24 (Reuters) - Copper prices recorded their biggest weekly fall in five years on Friday on concerns that the spread of the coronavirus could hit the Chinese economy and metals demand. China has stepped up measures to contain the virus, which has killed 26 people and infected more than 800, shutting part of the Great Wall, suspending public transport in 10 cities and closing temples over the Lunar New Year. The virus is expected to dent growth in China, the world’s top consumer of metals, after months of economic worries over trade tensions with the United States. “If the outbreak is prolonged and deters activities after the New Year’s holidays, it will potentially impact copper demand and that is the main worry a
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News
- Freeport-McMoRan Publishes 2023 Annual Report on SustainabilityBusiness Wire
- How a global race to secure copper supplies sparked a £31bn mega-bid for Anglo American [Yahoo! Finance]Yahoo! Finance
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target raised by analysts at Argus from $44.00 to $54.00. They now have a "buy" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target raised by analysts at Raymond James from $49.50 to $54.00. They now have an "outperform" rating on the stock.MarketBeat
- Freeport-McMoRan Inc. (NYSE: FCX) had its price target lowered by analysts at Scotiabank from $55.00 to $53.00. They now have a "sector outperform" rating on the stock.MarketBeat
FCX
Earnings
- 4/24/24 - 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