Freeport-McMoRan Copper & Gold Inc. Mourns Loss of Co-Founder
PHOENIX, AZ, August 15, 2013 – Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today with great sadness that co-founder B.M. “Mack” Rankin, Vice Chairman and a member of…
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Brazilian Energy Gains Speed
Petrobas, Brazil’s major energy company, continues to positively progress in its goal to become a global giant. It beat second quarter profit estimates as production…
Blackberry Puts Up For Sale Sign
Since the release of the Blackberry 10 operating system, sales have not met expectations. Anticipated to save Blackberry from its decline, the once-dominant smartphone manufacturer…
The Strengthening U.S. Dollar
It’s looking like a bright future for the U.S. economy! As the yen slipped about 0.6 percent against the dollar, U.S. retail sales also rose…
The Down Side to High Yields
Although master limited partnerships, which are publicly traded energy firms that offer a steady, typically high, income, are helping to heat up the economy this…
Major Mergers Increase Confidence in the Economy
Last week mergers in various sectors including fashion retail, health care, and advertising took place. Analysts believe that this recent upsurge in activity reflects the…
Who Just Bought Newsweek?
This past weekend IBT Media bought Newsweek. Many were shocked that a magazine that’s been around for 80 years was sold to a company that’s been around…
Don’t Make These 3 Big Money Mistakes!
If you’re constantly worrying about spending or think you have money problems, it could all just be in your head. Therapists and financial advisers have…
The Market High on a Come Down
After hitting record highs last week, the stock market ended on low note at yesterday’s close. But don’t get down just yet! Analysts say that…
Watch Out: 10 Ways to Destroy Your Retirement
Most Americans don’t save anywhere near enough for retirement. The National Institute on Retirement Security conducted new research in which they found that the average…