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0.00252844500632117 0.00252844500632117 0.00505689001264223 0.00505689001264223 0.0189633375474084 0.0303413400758534 0.0543615676359039 0.0448798988621998
Stock impact report

Freeport-McMoRan posts first-quarter loss, cuts capex [Reuters]

Freeport-McMoRan, Inc. (FCX) 
Last freeport-mcmoran, inc. earnings: 4/24 07:30 am Check Earnings Report
Company Research Source: Reuters
Freeport-McMoRan posts first-quarter loss, cuts capex (Reuters) - Freeport-McMoRan reported a quarterly loss on Friday, as production fell in South America and Indonesia, and the world’s largest publicly traded copper producer cut its capex for the year. Net loss stood at $491 million, or 34 cents per share, for the first quarter ending March 31, compared with a profit of $31 million, or 2 cents per share, a year earlier. Production of copper fell 6.3% to 731 million pounds. The company announced an $800 million reduction in 2020 estimated capital expenditures. Show less Read more
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