Notable News Review: Freeport-McMoRan Inc (NYSE:FCX), Sprint Corp (NYSE:S)

On Wednesday, Shares of Freeport-McMoRan Inc (NYSE:FCX), added 8.11% and closed at $13.07 in the last trading session. The last trading range of the stock ranges between $12.78 and $13.22. The company’s Market capitalization is $18.59 Billion with the total Outstanding Shares of 1.33 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.

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 $14.06. The EPS of company is strolling at -6.81.

Shares of Sprint Corp (NYSE:S), jumped 13.40% and closed at $7.11 in the last trading session. The last trading range of the stock ranges between $6.20 and $7.20. The company’s Market capitalization is $28.72 Billion with the total Outstanding Shares of 3.98 billion. Independent mobile analytics firm RootMetrics® has just released its Portland RootScore® Report showing Sprint earned shared first place wins for overall, reliability, call, and text network performance. This is the first time a RootScore Report ranked Sprint with a share of the top spot for overall network performance in Portland.

“The Sprint network in Portland continues to improve and our RootScore Award is a clear validation,” said Annette Jacobs, president-Pacific Northwest Region at Sprint. “Sprint is providing a customer experience that offers the same quality, and is the only wireless provider delivering outstanding value, with true unlimited monthly calling plans and a savings of up to 50 percent less than our competition.”

Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $2.18 and reached to max level of $7.20. The EPS of company is strolling at -0.46.

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