On Tuesday, Shares of Freeport-McMoRan Inc (NYSE:FCX), subtract -3.14% and closed at $9.87 in the last trading session. The last trading range of the stock ranges between $9.78 and $10.08. The company’s Market capitalization is $13.19 Billion with the total Outstanding Shares of 1.33 Billion. 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. 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.
Yahoo! Inc. (NASDAQ:YHOO), dropped -2.82% and closed at $42.68 in the last trading session. The last trading range of the stock ranges between $42.49 and $44.08. The company’s Market capitalization is $41.28 Billion with the total Outstanding Shares of 951.78 million. During the 52-week trading session the minimum price at which share price traded, registered at $26.15 and reached to max level of $44.92. Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC declares that a class action lawsuit has been filed against Yahoo! Inc. (“Yahoo” or the “Company”) (YHOO) regarding an unprecedented security breach affecting nearly 500 million users.
On September 22, 2016, Yahoo revealed that a “recent investigation” confirmed that sensitive personal account information of at least 500 million account users “was stolen from the company’s network in late 2014 by what it believes is a state-sponsored attack.” Users’ names, email addresses, phone numbers, dates of birth, hashed passwords, and in some cases encrypted or unencrypted security questions and answers were included in the data breach.
The Complaint alleges that Yahoo’s actions were reckless as they disregarded the safety and security of Yahoo users’ personal information. The Complaint claims that Yahoo should be held responsible for their insufficiencies and the damages caused to its users. Unlike several other recent data breaches, Yahoo has not offered users any assistance with identity theft protection, while Yahoo users are now at a greater risk of having their identities stolen and must find their own way and pay to protect themselves.