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As The Dividend Tax Rate Approaches Expiration, AEP's CEO Lobbies To Keep It Intact
Monday, October 25, 2010 - 12:05pm | 195Assuming that the current tax rate is allowed to expire, investors will soon pay nearly 40% on qualified dividends – up from the 15% rate they pay today. Barron's reports that Michael G. Morris, CEO of American Electric Power Company (NYSE: AEP), is lobbying hard to keep the rate intact. He said...
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FCX Removed From Top Picks Live List But Still A Buy
Monday, October 4, 2010 - 7:57am | 107Citigroup has published a research report for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) upon its removal from Citi's Top Picks Live list. In the report, Citigroup writes "We are removing FCX from Top Picks Live!, following the recent share price and copper price appreciation that we...
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Dow Jones Surges Late (DJIA)
Tuesday, June 8, 2010 - 4:37pm | 134Check Tickerspy's daily indexes. Finally, a good day for the Dow Jones. The Dow Jones surged at the close of trading today, making a remarkable comeback from the selloff of the past few days. Materials stocks were the biggest benefactors as metal prices rose. Gold prices broke through $1,250 today...
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RBC Capital Markets Upgrades Freeport-McMoRan Copper & Gold (FCX)
Wednesday, March 3, 2010 - 9:33am | 43Shares of Freeport-McMoRan Copper & Gold (NYSE: FCX) were upgraded by RBC Capital Markets from Sector Perform to Outperform. Freeport-McMoRan Copper & Gold closed Tuesday trading at $77.98. Freeport-McMoRan Copper & Gold has a 52-week trading range of $27.15 to $90.55.