Copper $ 5.6358 / lb 2.72%
Brent Crude Oil $ 104.4 / bbl -4.21%
Palladium $ 1496.5 / ozt 5.39%
Crude Oil $ 101.85 / bbl -3.06%
Natural Gas $ 2.89 / Btu 0.10%
Silver Futures $ 75.495 / ozt 7.47%
Aluminum Futures $ 3314.25 / ton -1.21%
Micro Gold Futures $ 4713.1 / ozt 3.80%
Micro Silver Futures $ 75.48 / ozt 7.54%
Platinum $ 1973.85 / ozt 4.22%
Gold Futures $ 4713.3 / ozt 3.84%
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S&P lowers Freeport McMoran’s stocks in wake of earnings report

Cecilia Jamasmie | October 19, 2012 | 6:43 pm Base Metals Precious Metals Top Companies Europe Copper Gold 

Equity research analysts at Standard and Poor's (S&P) lowered Freeport McMoran Copper & Gold (NYSE:FCX) shares from “buy” to “hold.” “After a recent sharp rise, we think FCX is fairly valued, currently trading at about 8.6X our estimate for '13,”...

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