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Freeport-McMoRan income drops by a third in 3Q

2014-10-29 06:03:01| Real Estate - Topix.net

The third quarter 2014 was not kind to Phoenix-based Freeport McMoRan as it saw falling revenue and income based on lower mineral prices. The multinational mining corporation reported income for the third quarter of $552 million, or 53 cents per share, down nearly a third from the $821 million, or 79 cents per share, earned in same period last year.

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