Page 2 - Freeport Mac News Today

In a little bit but tell me first about the conversation you had this morning with president elect donald trump when you informed him that you would no longer be building that plant in mexico. Well, we informed president elect trump and also Vice President elect pence this morning that we were going to be investing 700 million here in our plant in flat rock, michigan, adding 700 jobs on top of the 28,000 jobs that weve created over the past five years. And at the same time, told them we were goi...

Gartman here to explain why one group of stocks are still rallying. But first we start off with the record highs and propelled by biotech up 8 more than double the gains in the health tech sector. That all as president elect trump is pushing for a quick repeal of obamacare and republicans in the senate and house maneuver to make it a reality. So what is behind this move . Is it too late to get in . No, i dont think it is. What is behind the move . What is behind the move is the fact that you hav...

Freeport mac up 16 and caterpillar up 16 . Target is still interesting. Mel, welcome back. Target had a great quarter. I know its not nearly as interesting as Goldman Sachs or freeport mac or caterpillar up 50 this year. But target to me seems like they got their they got their feet back underneath them and it manifested itself in the last quarter. The technology is much better. I think theyve separated themselves some walmart. Out of those four names, thats probably the name with the most up si...

Remy stocks are up, and the pound is also up. U. K. Bans as from talking further about the referendum, that this is a snapshot of what the markets look like. 9 of for the dow, as well as the s p 500. The nasdaq up the most, 1. 1 . Lets look at what is happening with the s p over the course of the day so far. We are basically trading within a fairly narrow band, about 20 points or so. 2103 right here, about 27 points away from a record high, basically flying high. Lets look in my bloomberg with t...

Stand. The dow is down. About a 10th of a percent. What has been weighing on all of our minds is over in the u. K. , the latest brexit poll coming in 44 stay. 9 undecided. We are off of the session lows. Lets happen to bloomberg. Imap, looks like six of the 10 sectors are trading in positive territory. Health care has been the biggest leader for the day, up when 7 . Telecommunications about. 4 . Energy is lower. The Energy Sector is down about half a percent. Care, it turns out medicare spending...

U. S. Trading day so lets head back to new york where matt miller has been tracking the moves and a record high for the s p. We were so close that it had to happen. Too the close, we are going see a new record for the s p for the first time in 286 days. This is the longest stretch we have gone in a bull market since 1961. Was 2130. 8. O beat not too difficult. The dow jones up 111 points. Youve got the certainty of theresa may as a new Prime Minister after David Cameron said she would start on w...

Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. ...

Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. ...

Offer for monsanto in what could be the largest merger of the year fit goes through. The acquisition would create a global giant in agriculture technology. Monsanto traded well below the offer price of 122 a share, a sign that shareholders are skeptical and may not be that enthusiastic about signing off on that deal. But the ceo of behr says the combination makes sense and hes not concerned about regulatory issues. The beauty of this combination is that both businesses are highly complementary. ...

A is definitely Commodities Energy story in terms of the dow. As thats the nasdaq off by. 2 . We are talking about falling oil as well as falling commodities as the bloomberg dollar index also rises. You can see it is definitely a very broad decline. It is also a mild decline. Materials is down the most by. 7 . We are seeing commodities in terms of gold, silver as well as copper all often the order of onemonth or twomudflows. Flows. Twomonth with oil on the downside, financials also slipping int...