Investment Management
Freeport Mcmoran Copper & Gold (FCX) is the world’s largest publicly traded Copper producer and the world’s largest producer of Molybdenum with a marketcap of $30 billion * FCX primarily produces Copper and Gold and over 70% of its reserves are primarily in Copper. It also produces Cobalt, Silver and other metals * Freeport Mcmoran […]
* Apple has its shareholder meeting today * This year’s meeting, which is an annual event, has been enmeshed in a public spat over distribution of Apple’s $137.1 billion in cash and investments with hedge fund manager David Einhorn, who advocates a bigger payout using preferred shares * After a five year rally, Apple has […]
* Global Power Equipment Group is poised to rise as high as $20 over next yr as its large order backlog suggests sales boost and margin improvement, Barron’s reported. * GLPW order backlog at the end of 3Q up 34% from yr ago; 4Q shipments to have ‘higher margin profile,’ Barron’s said in Feb. 25 […]
* Apple Tops U.S. Phone Sales for First Time After Passing Samsung; Co. sold 17.7m iPhones in 4Q, up 38% from year earlier; Samsung sales rise 24% to 16.8m; Apple had 34% of market, Samsung 32%; Apple shipped 17.7 million phones in US in 4Q; Samsung shipped 16.8 million phones * -Apple is in negotiations […]
* San Miguel Rises to 7-Month High After $35 Bln Expansion Report * Shrs +2.9%, heading for highest close since June 26; vol. ~215% of 3-mo. daily average * Co. sets $35b medium-term investment plan, Philippine Daily Inquirer reported, citing President Ramon Ang * San Miguel Sets $35B Medium-Term Investment Plan, Inquirer Says * Some […]
Sign up our newsletter for FREE financial advice and investment tips delivered to your inbox on weekly basis.
Want to keep in touch with news from Blue Phoenix Financials? Subscribe to our RSS feed using by clicking on the button to the right, or subscribe to our newsletter by filling out the form below.