Home Ideas & Research Indexes Hedge Funds Portfolios My tickerspy Newswire
Enter ticker(s) QQQQ: 55.40 0.00%   SPY: 167.40 +0.28%

Archive

Should You Follow JPMorgan Into Copper? (JPM, WIRE, FCX, COPX, CU, LUK)

Posted by Jason Smith at 10:01AM on December 7th

A Wall Street Journal piece Tuesday morning addressed the recent copper buying spree at J.P. Morgan (JPM), which, according to the report, now owns more than $1 billion of the metal and accounts for more than half of stockpiles in London warehouses.…

Read more …

Leucadia Cashing Out on Copper Mine (LUK, CU, COPX, FCX, SCCO, WIRE, FAIRX)

Posted by Jason Smith at 9:59AM on November 30th

Diversified holding company Leucadia National (LUK) said Tuesday that it will sell its remaining 30% stake in the Cobre Las Cruces copper mining project for $480 million in cash and stock. The deal is worth $150 million in cash, and about…

Read more …

Chilean Strike Boosts Copper ETFs (COPX, GDXJ, CU, JJC, FCX, SCCO)

Posted by Jason Smith at 11:16AM on November 5th

According to Bloomberg an ongoing strike at Chile’s Collahuasi mine could curb output of the metal. Copper prices hit a 28-month high in London trading this morning, and equity plays in the ETF sector are advancing by as much as 2%…

Read more …