On Tuesday, Shares of Freeport-McMoRan Inc (NYSE:FCX), subtract -2.81% and closed at $10.39 in the last trading session. The last trading range of the stock ranges between $10.25 and $10.78. Freeport-McMoRan Inc. (FCX) declared recently the expiration of the formerly declared consent solicitations by it and its wholly owned auxiliaries, Freeport-McMoRan Oil & Gas LLC (FM O&G) and FCX Oil & Gas Inc. (FCX O&G). The consent solicitations expired at 5:00 p.m., New York City time, on September 28, 2016. As of the expiration time, FCX, FM O&G and FCX O&G had not received the consent of holders of at least a majority in aggregate principal amount outstanding of each series of notes subject to the consent solicitations. As a result, no consent fees will be paid and FCX plans to merge FM O&G into FCX before concluding its formerly declared Deepwater Gulf of Mexico sale transaction.
FCX is a premier U.S.-based natural resources company with an industry-leading global portfolio of mineral assets. FCX is the world’s leading publicly traded copper producer.
U.S. Bancorp (NYSE:USB), jumped 0.45% and closed at $42.85 in the last trading session. The last trading range of the stock ranges between $42.51 and $43.15. The company’s Market capitalization is $72.95 Billion with the total Outstanding Shares of 1.72 Billion. U.S. Bancorp recently declared the redemption on October 14, 2016, of all of its outstanding 2.20% Medium-Term Notes, Series T (Senior), due November 15, 2016 (CUSIP No. 91159HHB9). The redemption price will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but apart from, the redemption date of October 14, 2016.
Payment of the redemption price will be made through the facilities of The Depository Trust Company.
Minneapolis-based U.S. Bancorp (USB), with $438 billion in assets as of June 30, 2016, is the parent company of U.S. Bank National Association, the fifth leading commercial bank in the United States. The company operates 3,122 banking offices in 25 states and 4,923 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions.
WPX Energy Inc (NYSE:WPX), subtract -1.66% and closed at $13.03 in the last trading session. The last trading range of the stock ranges between $12.80 and $13.43. During the 52-week trading session the minimum price at which share price traded, registered at $2.53 and reached to max level of $13.92. WPX Energy’s (WPX) board of directors has approved a quarterly dividend of $0.78125 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock. The dividend is payable on Oct. 31, 2016, to holders of record of the company’s preferred stock on Oct. 15, 2016.