18 Sept 2015securities registration● Neutral
FREEPORT-MCMORAN INC filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Sept 2015material agreement● Neutral
FCX entered a new distribution agreement with J.P. Morgan and six other banks to sell up to $1 billion of common stock at market prices, with commissions up to 1.50%. The earlier August agreement with J.P. Morgan alone had been used from August 11 to September 17, 2015.
18 Sept 2015securities registration● Neutral
FCX entered a distribution agreement with J.P. Morgan and six other banks to sell up to $1 billion of common stock at market prices on the NYSE. It had already raised $1 billion through 96,675,828 shares sold between August 11 and September 17, 2015.
8 Sept 2015director interest notice● Neutral
FREEPORT-MCMORAN INC Vice Chairman of the Board James C Flores bought 2,200,000 shares on the open market.
31 Aug 2015director interest notice● Neutral
FREEPORT-MCMORAN INC Chairman of the Board James R Moffett bought 100,000 shares on the open market at $10.57.
27 Aug 2015substantial holder notice● Neutral
High River Limited Partnership, Hopper Investments LLC, Barberry Corp, Icahn Partners Master Fund LP, Icahn Offshore LP, Icahn Partners LP, Icahn Onshore LP, Icahn Capital LP, IPH GP LLC, Icahn Enterprises Holdings L.P, Icahn Enterprises G.P. Inc, Beckton Corp, Carl C. Icahn disclosed a new substantial FREEPORT-MCMORAN INC shareholding (8.46% of votes).
25 Aug 2015director interest notice● Neutral
FREEPORT-MCMORAN INC VP & Controller Financial Rptg C Donald Jr. Whitmire gifted 3,000 shares.
19 Aug 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Gerald J Ford bought 1,000,000 shares on the open market at $9.94.
10 Aug 2015securities registration● Neutral
FREEPORT-MCMORAN INC filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
10 Aug 2015material agreement▼ BadMajor
Amid the 2015 commodity-price crash, FCX set up a $1.0 billion at-the-market equity sales program with J.P. Morgan -- a sign of balance-sheet strain following its debt-funded expansion into oil and gas.
10 Aug 2015securities registration● Neutral
FREEPORT-MCMORAN INC filed the final prospectus for a registered offering.
10 Aug 2015quarterly activities report● Neutral
FREEPORT-MCMORAN INC reported second-quarter 2015 revenue of $4,248 million, down from $5,522 million a year earlier, and a net loss of $1,851 million attributable to common stockholders after a $2,686 million oil and gas impairment.
23 July 2015quarterly activities report● Neutral
FREEPORT-MCMORAN INC announced on July 23, 2015 that it issued a press release reporting its second-quarter and six-month 2015 results, with an earnings call and slides on its website.
12 June 2015agm notice● Neutral
At the June 10, 2015 annual meeting, FREEPORT-MCMORAN INC stockholders elected sixteen directors, ratified Ernst & Young as auditor, approved executive pay on an advisory basis, reapproved Section 162(m) goals, and approved an advisory stockholder proxy access proposal.
5 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC Vice Chairman of the Board James C Flores bought 60,000 shares on the open market.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Robert Day received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Lydia H Kennard received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Fry Thomas A III received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Gerald J Ford received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Charles C Krulak received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Bobby Lee Lackey received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Alan R III Buckwalter received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Dustan E Mccoy received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Stephen H Siegele received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Jon C/ Madonna received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider H Devon Jr. Graham received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Frances F Townsend received 13,900 shares as part of the equity award.
3 June 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Robert J Jr. Allison received 13,900 shares as part of the equity award.
26 May 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Gerald J Ford exercised stock options for 20,000 shares and disposed of 20,000 shares.
21 May 2015director interest notice● Neutral
FREEPORT-MCMORAN INC insider Robert Day exercised stock options for 20,000 shares and disposed of 20,000 shares.