Wednesday, January 20, 2016

Why $FCX is UP 17% #AHtrading @ $4.62 ?

Freeport-McMoRan Inc. Offers to Sell a Slice of its Crown Jewel to Raise Cash -- The Motley Fool

In another sign of how tough things are for ( Freeport-McMoRan NYSE:FCX) it has reportedly offered to sell a stake in its crown jewel Grasberg mine in Indonesia in order to bring in some much needed cash.

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