Freeport McMoRan Reports Strong Earnings, Shares Pop
January 22, 2013 at 10:14 AM EST
Mining giant Freeport-McMoRan Copper and Gold reported fourth quarter earnings this morning beating analyst estimates, sending shares higher. The company has garnered much media attention over the past few months following its $20 billion acquisitions of energy companies McMoRan Exploration (NYSE: MMR ) and Plains Exploration (NYSE: