Freeport-McMoRan Inc. (NYSE:FCX) in last trading activity fell -3.06% to close at $17.42. Company weekly performance is -7.54% while its quarterly performance stands at -18.90%. Freeport-McMoRan Inc. (NYSE:FCX) is -54.31% away from its 52 week high.
Credit Suisse Group AG agreed to pay $16.25 million to Freeport-McMoRan Inc. (NYSE:FCX) and its shareholders amid allegations it gave faulty counsel on two acquisitions. The agreement comes in two parts: Credit Suisse is to pay Freeport $10 million in cash, and the Swiss bank must give the natural-resources company $6.25 million worth of investment-banking advice free over the next two years.
On last trading day Leju Holdings Limited (NYSE:LEJU) advanced 0.69% to close at $7.28. Its volatility for the week is 5.49% while volatility for the month is 4.39%. Leju Holdings Limited (NYSE:LEJU) monthly performance is -33.09%. T.H. Capital cut shares of Leju Holdings (NASDAQ:LEJU) from a buy rating to a hold rating in a research report sent to investors on Friday morning.
Southwest Gas Corporation (NYSE: SWX) management will present to energy equity analysts and investors at the Williams Capital Group – West Coast Utilities Seminar in Las Vegas, Nevada, on Wednesday, March 18, 2015. Southwest Gas Corporation (NYSE:SWX) has 1.40% insider ownership while its institutional ownership stands at 77.90%. In last trading activity company’s stock closed at $56.85.
On last trading day Gannett Co., Inc. (NYSE:GCI) advanced 0.39% to close at $36.45. Its volatility for the week is 2.46% while volatility for the month is 1.68%. GCI’s sales growth for past 5 years was 1.70% and its EPS growth for past 5 years was 25.20%. Gannett Co., Inc. (NYSE:GCI) monthly performance is 5.44%. On March 12, Gannett Co., Inc. (NYSE: GCI) announced that its subsidiary, Gannett SpinCo, Inc., filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (“SEC”) in connection with Gannett’s previously announced plan to separate into two publicly traded companies, a publishing company under the current Gannett name and a broadcasting and digital company under a new name. The planned separation, which will be effected through a tax-free dividend of shares in the publishing company to existing Gannett shareholders, is on track to be completed in mid-2015.