Want to join the conversation?
$FCX, which sold its 13% interest in Morence JV for $1Bil, said that it plans to use the net proceeds of approximately $1Bil to repay $0.5Bil in borrowings under the bank term loan with the balance to reduce amounts drawn under its revolving credit facility. $FCX expects around $0.6Bil after-tax gain on this deal in 2Q16.
$EXTR has been on an interesting uptrend, fundamentals kinda tricky but solid technical. Earnings 5th
Wow! $MCD scores again.