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$FCX made a 20% reduction in its 2016 consolidated CapEx. In mining business, $FCX is announcing a 50% reduction in its mine rates in the Sierrita mine in Eastern Arizona. $FCX is also cutting its annual copper production by 5% and reduced mining CapEx by 25%.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?