Citigroup Inc. adjusts guidance on Freeport-McMoRan Copper & Gold Inc.;
Citigroup Inc. adjusted its guidance for Freeport-McMoRan Copper & Gold Inc. Thursday, slightly raising the mining company's 2010 estimate from $7.15 to $7.20.
Freeport-McMoran Copper & Gold Inc. says it is cutting molybdenum production by 25 percent at one mine and delaying the start-up of a second because of falling prices.