Freeport-McMoRan Suspends Dividend, Slashes Targets - A Kitchen Sink Day?
Read the full article: http://epiphanyinvesting.com/2008/12/03/freeport-mcmoran-sus...
Freeport-McMoRan is slashing targets and assets that seemed safe just one month ago. But don't forget that copper is the leading edge of the economic blade, and will rebound first when we recover. Today's kitchen sink of a release could be the apex of negative sentiment around the stock.
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