Worth Watching Stocks Alert: Freeport-McMoRan Inc (NYSE:FCX), Visa Inc (NYSE:V), NRG Energy Inc (NYSE:NRG)

On Wednesday, Shares of Freeport-McMoRan Inc (NYSE:FCX), added 2.69% and closed at $10.67 in the last trading session. The last trading range of the stock ranges between $10.45 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.

FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s leading copper and gold deposits; noteworthymining operations in the Americas, counting the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America. Additional information about FCX is available on FCX’s websitE.

Visa Inc (NYSE:V), jumped 0.75% and closed at $83.35 in the last trading session. The last trading range of the stock ranges between $82.90 and $83.45. The company’s Market capitalization is $196.46 Billion with the total Outstanding Shares of 1.89 Billion. Visa Inc. (NYSE:V) recently celebrated the one-year anniversary of the official launch of chip payment technology in the United States. With steady progress and growth since October 1, 2015, there are now more than 1.46 million chip-facilitated businesses and 363 million chip-facilitated Visa cards, making the U.S. the leading Visa chip card market in the world. The number of Visa chip transactions surpassed half a billion in the month of August, representing a 1,000+ percent annual increase.

When Visa first introduced a roadmap to bring chip technology to U.S. payments, it set out three primary drivers: prevent counterfeit fraud, accelerate the adoption of mobile payments, and enhance convenience and payment security for international travelers. In the five years since that journey began, there has been demonstrable progress in each area.

NRG Energy Inc (NYSE:NRG), LOST -0.72% and closed at $10.97 in the last trading session. The last trading range of the stock ranges between $10.88 and $11.16. During the 52-week trading session the minimum price at which share price traded, registered at $8.80 and reached to max level of $18.32. NRG Energy, Inc. (NRG) declared recently that it has begind a tender offer to purchase (the “Tender Offer”) its 7.625% senior notes due 2018 (the “2018 Notes”) for aggregate cash consideration of up to $200.0 million (the “Tender Cap”) at a purchase price determined in accordance with a modified “Dutch auction.” NRG also declared recently that it gave the required notice under the indenture governing its 7.875% senior notes due 2021 (the “2021 Notes”) to redeem for cash $192.5 million aggregate principal amount of its 2021 Notes (the “Redemption”) on November 3, 2016 (the “Redemption Date”). The redemption price for the 2021 Notes will be 103.938% of the principal amount of the 2021 Notes, plus accrued and unpaid interest to the Redemption Date. The Tender Offer and the Redemption will be financed with cash on hand.

Pricing and acceptance in the Dutch auction will be determined according to the procedures described in the offer to purchase. The amounts of 2018 Notes that are purchased in the Tender Offer may be prorated as set forth in the offer to purchase. Tenders of 2018 Notes at a premium outside the applicable bid price range will not be accepted and will not be used in calculating the applicable clearing premium. 2018 Notes tendered on or before the Early Participation Date (as defined below) will have priority in acceptance over 2018 Notes tendered after the Early Participation Date. NRG reserves the right, but is under no obligation, to increase the Tender Cap without extending withdrawal rights, except as required by law.

Holders who validly tender (and do not validly withdraw) their 2018 Notes before 5:00 p.m., New York City time, on October 18, 2016 (as such time and date may be extended, the “Early Participation Date”) will be eligible to receive the Total Consideration listed in the table above, which includes the “Early Participation Amount” of $30.00 per $1,000 principal amount of 2018 Notes accepted for purchase. Holders who validly tender their 2018 Notes after the Early Participation Date and on or before the Expiration Date (as defined below) will only be eligible to receive the Total Consideration less the Early Participation Amount. In addition, holders whose 2018 Notes are accepted for purchase will receive a cash payment in an amount equal to any accrued and unpaid interest up to, but not counting, the applicable payment date.

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