NEW YORK (Reuters) – Wall Street was set for a flat open about Wednesday because a drop inside shares of Freeport-McMoRan premarket following purchase announcements offset optimism regarding a worldwide financial healing spurred by comments from China's modern leader. Shares of Freeport-McMoRan Copper & Gold Inc took a hit following the firm mentioned it was acquiring Plains Exploration & Production Co plus McMoRan Exploration Co inside 2 separate deals for $ 9 billion inside cash plus stock. Freeport-McMoRan shares fell 13.2 % to $ 33.25 inside premarket trading. …
There are no comments yet. Why not be the first to speak your mind.