Browsing all articles tagged with freeport mcmoran copper gold
Apr
13

The market review for April 13

Trading on the U.S. stock market on Monday, April 12, began rising through a number of indices of positive corporate news and a weakening of the pressure the Greek factor.16 ministers of the euro area have agreed to provide in the current year credit of Greece in the amount of 30 billion euros and 10 billion euros will be allocated to the IMF. In addition, it was decided that in case of a loan Greece will pay for it for about 5% per annum.The Minister of Finance of Greece Georgios PAPACONSTANTINOU stated that the purpose of Athens today is to continue borrowing from external markets without activation mechanism of financial assistance from the European Union.That is, Greece demonstrates the confidence of their forces, but from the insurance does not refuse. Bidders such a disposition of things more than arranged, and on Monday the long-awaited overcome the Dow Jones psychologically important resistance level of 11000 points.

As a result of trading on April 12 the Dow Jones index rose by 8.62 points (0.08%) – up to 11,005.97 points, NASDAQ rose by 3.82 points (0.16%) – up to 2,457.87 points, S & P added 2.11 points (0.18%) and amounted to 1,196.48 points.
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Author nyse    Category Market    
Jan
13

The market review for January 13

Stock trades in the United States ended on Tuesday, January 12, the decline in the leading index on the background of disappointing corporate news. In addition, investors without much enthusiasm by the report on China’s central bank increased reserve requirements for banks by 0.5 percentage points – Up to 15%, which limits the possibility of monetary growth.

Not live up to expectations in the financial report of the largest U.S. aluminum producer Alcoa Inc. Reported net loss for the Alcoa 2009. amounted to 1.15 billion dollars compared with 74 million dollars for 2008. In IV quarter of 2009. net losses reached 277 million dollars (0.28 dollars per share). The experts predicted that the company is up to the last year will make a profit. Publication of statements led to the fall of quotations Alcoa’s 11.1%. In the red zone ended the day and for other steel companies, including copper producer Freeport-McMoRan Copper & Gold Inc. (-3.8%) And gold mining company Barrick Gold (-3,2%). The financial sector also had the session fails. As a result of trading shares of banks Bank of America and Goldman Sachs Group Inc. fell 3,4% and 2,2% respectively.
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Author nyse    Category Blog    
Dec
7

The market review for December, 7st

Market 8 Stock trading on the American stock exchange platforms 4 December 2009. closed growth against the backdrop of leading indicators unexpectedly optimistic data from the U.S. labor market. Prior to bidding U.S. Department of Labor (US Department of Labor) reported that the November non-farm sector of the country had lost only 11 thousand jobs, while analysts predicted that this figure will exceed 100 thousand U.S. unemployment rate unexpectedly fell from 10, 2% to 10%. Added a statement of optimism and U.S. Treasury Secretary Timothy Geithner that the unemployment rate in the country in the short term may be further reduced to the background of strengthening the overall state of the economy.

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Author nyse    Category Market    
Dec
2

Daytrading – November 27

On this day the U.S. stock market – NYSE worked a shortened session. I managed to make 1 trade and closing in positive territory.

FCX: Freeport-McMoRan Copper & Gold Inc
Sector: Basic Materials> Industry: Gold and Silver
Because of the oak market opened at a big disadvantage was the idea that stocks will open with a big GAP DOWN and start to close it. I wanted to buy finance, but did not have time.
Everything went as I thought, stocks went up.

FCX: Freeport-McMoRan Copper & Gold Inc
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Author nyse    Category Day trading    
Nov
30

The market review for November, 30st

MARKET 6Stock trades in the U.S. on November 27 closed reduction of the leading indexes. Negative news from Dubai (UAE) frightened investors and led to the fall of quotations of a number of major American companies – one of the largest investment companies in the UAE – Dubai World – has asked creditors to delay debt repayment, estimated to be worth $ 60 billion Dubai World (owned by the Government of Dubai ), on account of which a number of successful projects on construction of facilities in the desert, asked for a stay of six months.

News from Dubai provoked a significant fall in quotations on global stock markets, and the American market was no exception.

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Author nyse    Category Market    
Nov
10

The market review for November, 10st

marketStock trades in the United States ended on November 9 the leading index increased on average by 2%. Investors with optimism have reacted to the outcome of the meeting of finance ministers “big Twenties” (G20), which was decided on further measures to stimulate the economy. This gave impetus to financial sector companies, led by banks, Citigroup Inc. (+3,2%), Which the Government supported the $ 45 billion, and Bank of America Corp. (+4.8%), The largest U.S. bank by total assets. Among the companies in the mining sector growth were the leaders of the largest U.S. gold producer Barrick Gold Corp., Whose shares went up by 3,3%, and one of the world’s largest mededobyvayuschih company Freeport-McMoRan Copper & Gold Inc., Quotes which increased by 4, 6%. The reason for the growth of quotations was the increase in metals prices. read more

Author nyse    Category Market    
Oct
27

The market review for October, 27st

4 300x207 The market review for 	October, 27stFor a U.S. bank Bank of America – the largest U.S. bank’s largest loan assets, trading on Monday, October 26, culminated in the fall of quotations by 5% due to the fact that the U.S. government reported that could force the bank to increase capital. Investors are not encouraged by this news, because If Bank of America yielded to the demands of the Government, the bank will sell up to $ 3 billion of its shares.

Value of shares of commodity-sector companies also fell on the basis of tenders. For example, quotes one of the largest companies in the U.S. mededobyvayuschih Freeport-McMoRan Copper & Gold Inc. fell 2.3% as gold and Newmont Mining Corp. (-3.5%) And ConocoPhillips (-2,3%), which comes amid falling copper prices with the highest over the past 13 months the price level. In addition, both ordinary and “black gold” is also lost in the price after rising last week in connection with which shares of energy companies have fallen in price on the basis of trades an average of 1,5%. read more

Author nyse    Category Market    
Sep
24

The market review for September, 25st

OFRBS-NYSEEURONEXT-NYFIX-20090827Stock trades in the U.S. ended on September 23 decline in major indexes. The fall in commodity prices affect the price of shares in the mining and energy sectors. So, against the background of lower metals prices, the largest paper in the U.S. gold miner Newmont Mining Co. and one of the largest in the world mededobyvayuschih company Freeport-McMoRan Copper & Gold Inc. fell 3,6% and 2,82% respectively.

As the analysts of the Moscow Stock Center, on Wednesday in the U.S. went out data on reserves of energy resources: oil and petroleum products for the week ending September 18, unexpectedly rose by 2.8 million barrels. In addition, on September 23 ended a two-day meeting of the U.S. Federal Reserve, where the range of interest rates, as expected, was left unchanged – 0-0,25%. Representatives of the Reserve also made a number of important statements: interest rates will remain at such low levels for a long time, but inflation will remain low. According to them, the economic situation in the United States has improved slightly after a serious recession. Following the discovery of a neutral environment in the U.S. indices started to rise, updating the annual maximums. Nevertheless, after the announcement of the range of interest rates and further performances of head FRS of Ben Bernanke quotes began to be adjusted downwards. Among outsiders session should allocate oil and gas and banking sectors, and the best performing stocks were the telecommunications and engineering industries, the experts concluded. read more

Author nyse    Category Market