Current Events Articles

AZ Central

Freeport 1Q profit dips on projects and expansion costs

April 18, 2013

Phoenix-based Freeport-McMoRan Copper and Gold Inc. reported a drop in first-quarter earnings as it spent more on new projects and financing its expansion into oil and gas production. First-quarter profits of $648 million, or 68 cents per share, compared with $764 million, or 80 cents per share, in the same quarter last year.

Read entire article on AZ Central
« Previous Article Next Article »

More From Current Events Articles

  • Nestle to Sail Amazon Rivers to Reach Consumers (Update1)
  • Deutsche Bank’s Babej Said to Join Citigroup (Update1)
  • BP’s Spill Fund a $20 Billion Shakedown, Barton Says (Update4)
  • Best of Luxury

    Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
    View All Best of Luxury
    THINGS WE LIKE