Freeport-McMoRan Inc (NYSE:FCX), J C Penney Company Inc (NYSE:JCP)

On Friday, Shares of Freeport-McMoRan Inc (NYSE:FCX), added 1.01% and closed at $13.94 in the last trading session. The last trading range of the stock ranges between $13.10 and $14.26. The company’s Market capitalization is $19.17 Billion with the total Outstanding Shares of 1.36 billion. Freeport-McMoRan Inc., a natural resource company, acquires, explores, and develops mineral assets, and oil and natural gas resources. The company explores for copper, gold, molybdenum, cobalt hydroxide, silver, and other metals, in addition to oil and gas. It holds interests in various mines located in the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, Miami, Chino, Tyrone, Henderson, and Climax in North America; Cerro Verde and El Abra in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo, Africa. The company’s oil and gas operations include oil production facilities in the Deepwater Gulf of Mexico; oil production facilities onshore and offshore in California; onshore natural gas resources in the Haynesville shale in Louisiana; natural gas production from the Madden area in central Wyoming; and a position in the Inboard Lower Tertiary/Cretaceous natural gas trend onshore located in South Louisiana. As of December 31, 2015, its merged recoverable proven and probable mineral reserves included 99.5 billion pounds of copper, 27.1 million ounces of gold, 3.05 billion pounds of molybdenum, 271.2 million ounces of silver, and 0.87 billion pounds of cobalt; and its estimated proved oil and natural gas reserves totaled 252 million barrels of oil equivalents. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014.

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $3.52 and reached to max level of $14.26. The EPS of company is strolling at -6.81.

Shares of J C Penney Company Inc (NYSE:JCP), jumped 3.97% and closed at $9.16 in the last trading session. The last trading range of the stock ranges between $8.30 and $9.29. The company’s Market capitalization is $2.93 Billion with the total Outstanding Shares of 307.73 million. J. C. Penney Company, Inc. (JCP) recently declared financial results for its third quarter ended Oct. 29, 2016. Comparable sales were (0.8) % for the third quarter, providing a two-year stack of 5.6 %. Net loss improved 42 % as compared to the prior year to $(67) million.

“We are happy to see strong sales performance in the growth programs we talked about at our most recent analyst meeting.  The results of these programs are reflected in a positive sales comp in the month of October, driven by over 200 basis points of comp benefit from our 500 new appliance showrooms.  We view our October sales results – specifically our acceleration in the last two weeks of the month – and the benefit from appliances as examples of what we expect for the balance of the fourth quarter.  Despite experiencing softness in apparel sales, we are continuing to improve the bottom line of our business thanks to the commitment and hard work of our over 100,000 Associates.”

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $6.00 and reached to max level of $11.99. The EPS of company is strolling at -1.08.

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