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sumisu

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sumisu

Re: None

Monday, 01/29/2007 11:42:20 PM

Monday, January 29, 2007 11:42:20 PM

Post# of 158
Phelps Dodge Posts 988% Rise in Quarterly Net Income

By Jon A. Nones

29 Jan 2007 at 06:54 PM EST

St. LOUIS (ResourceInvestor.com) -- Phelps Dodge [NYSE:PD], the world's third-largest copper producer, said that fourth-quarter profit surged to a record high because of higher average copper prices, a gain from its failed takeover of Inco and some well-timed copper hedging. Net income rose 988% year-on-year and 92% for the whole year.

The Rest: http://www.resourceinvestor.com/pebble.asp?relid=28510



PEAK OIL #board-6609
PEAK OIL - SUSTAINABLE LIVING #board-9881
PEAK NATURAL RESOURCES #board-12910
PEAK WATER #board-12656

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