profit Archives

Freeport-McMoRan's profit rises 16%

Richard Adkerson, Freeport-McMoRan Copper & Gold - AZ Business Magazine May/June 2011
by in Business News

Freeport-McMoRan Copper & Gold Inc. said Tuesday that fourth-quarter profit rose 16 percent on a combination of rising sales and lower copper-production costs, and the mining company’s stock rose. Net income was $743 million, 78 cents per share, compared with $640 million, or 67 cents per share, a year earlier. Excluding one-time items such as… Read More →

Freeport-McMoRan’s profit rises 16%

Richard Adkerson, Freeport-McMoRan Copper & Gold - AZ Business Magazine May/June 2011
by in Business News

Freeport-McMoRan Copper & Gold Inc. said Tuesday that fourth-quarter profit rose 16 percent on a combination of rising sales and lower copper-production costs, and the mining company’s stock rose. Net income was $743 million, 78 cents per share, compared with $640 million, or 67 cents per share, a year earlier. Excluding one-time items such as… Read More →

Fuller planes help US Airways double profit

usairways
by in Business News | Travel

US Airways said net income doubled in the fourth quarter as its planes were fuller and it made more money off each passenger. The airline on Wednesday reported a profit of $37 million, or 22 cents per share, compared with $18 million, or 11 cents per share a year ago. Excluding special items, net income… Read More →