Freeport-McMoRan Inc (FCX.N)
July 26 Freeport-McMoRan Inc, the world's biggest publicly listed copper miner, put its high-profile asset sales plan on the rear burner on Tuesday, and instead unveiled a $1.5 billion share issue to help it cut debt.
* CEO says won't start spending money on big capital projects until the market justifies it
* Q2 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S
July 26 Diversified U.S. miner and oil producer Freeport-McMoRan Inc reported a smaller quarterly loss as aggressive cost cutting helped counter a near 20 percent drop in copper prices.
* Co, Freeport-McMoran, China Molybdenum agreed to extend period in which co has right to buy Freeport's indirect interest in TF Holdings Ltd
July 19 Lundin Mining Corp has been granted an extension until Sept. 15 to make a bid for Freeport-McMoRan Inc's stake in the Tenke Fungurume mine in the Democratic Republic of Congo, Lundin said on Tuesday. The previous deadline was Aug. 8.
After years of support for companies that hand board seats to activists to avoid a bruising public fight, some of the world's largest institutional investors are pushing back.
After years of support for companies that hand board seats to activists to avoid a bruising public fight, some of the world's largest institutional investors are pushing back. BlackRock Inc, the world's largest asset manager, and Norges Bank Investment Management, Norway's $872 billion sovereign wealth fund are among the major funds resisting, encouraging companies to consult them before responding to an activist.
* Noble Corporation Plc announces receipt of $540 million full settlement value from Freeport-McMoRan