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Freeport Haunted by Oil Deals After Commodity Slump: Commodities
2015-01-24 09:27:42| Oil & Gas - Topix.net
Investors were upset two years ago when Freeport-McMoRan Inc., the world's biggest publicly traded copper miner, announced a $9 billion debt-fueled purchase of two oil and natural gas producers. At the time, the Phoenix-based company said the deal would help it diversify, acting as a hedge for potential downturns in their main products, copper and gold.
Tags: deals
oil
commodity
commodities
Freeport Haunted by Oil Deals After Commodity Slump: Commodities
2015-01-24 05:00:25| Real Estate - Topix.net
Investors were upset two years ago when Freeport-McMoRan Inc., the world's biggest publicly traded copper miner, announced a $9 billion debt-fueled purchase of two oil and natural gas producers. At the time, the Phoenix-based company said the deal would help it diversify, acting as a hedge for potential downturns in their main products, copper and gold.
Tags: deals
oil
commodity
commodities
Oil Collapse Means One Precious Metal Is Now Rarer: Commodities
2015-01-20 19:05:21| Auto Dealers - Topix.net
While each car requires only a few grams of palladium, demand in 2015 will probably exceed supply for a fourth consecutive year, according to Johnson Matthey Plc, a maker of catalytic converters for automobiles that use the metal to reduce harmful tailpipe emissions. Global car sales rose 3.4 percent last year to a record 81.6 million vehicles, Macquarie Group Ltd. said in a report last week.
Tags: means
metal
oil
collapse
Oil and commodities boost FTSE 100
2015-01-16 18:29:11| BBC News | Business | UK Edition
BP shares rise more than 5% after oil spill update, making it the top riser, as a $2 rise in Brent boosts other energy stocks.
Tags: oil
boost
commodities
ftse
Commodities Today: Icahn Strikes Again, Higher Margins For Shippers In 2015
2014-12-30 02:14:04| Air Courier - Topix.net
Both FDX and UPS will be adjusting how they charge customers for packages in 2015, which could drive margins and profits higher. Russian officials may have spoken too soon last week as the Ruble and their equity markets are falling again today after news of a shrinking economy broke.
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