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Wednesday 29 July 2015
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Active Stocks on the Move: Freeport-McMoRan, (NYSE:FCX), FireEye, (NASDAQ:FEYE), Lions Gate Entertainment, (NYSE:LGF)

On Thursday, Shares of Freeport-McMoRan Inc. (NYSE:FCX), lost -9.43% to $13.64, hitting its lowest level.

Freeport-McMoRan, declared:

  • Net loss attributable to common stock totaled $1.85 billion, $1.78 per share, for second-quarter 2015. After adjusting for net charges totaling $2.0 billion, $1.92 per share, second-quarter 2015 adjusted net income attributable to common stock totaled $143 million, $0.14 per share.
  • Merged sales totaled 964 million pounds of copper, 352 thousand ounces of gold, 23 million pounds of molybdenum and 13.1 million barrels of oil equivalents (MMBOE) for second-quarter 2015, contrast with 968 million pounds of copper, 159 thousand ounces of gold, 25 million pounds of molybdenum and 16.0 MMBOE for second-quarter 2014.
  • Merged sales for the year 2015 are predictable to approximate 4.2 billion pounds of copper, 1.3 million ounces of gold, 93 million pounds of molybdenum and 52.3 MMBOE, counting 1.0 billion pounds of copper, 315 thousand ounces of gold, 24 million pounds of molybdenum and 13.6 MMBOE for third-quarter 2015.
  • Average realized prices were $2.71 per pound for copper, $1,174 per ounce for gold and $67.61 per barrel for oil (counting $11.79 per barrel for cash gains on derivative contracts) for second-quarter 2015.
  • Merged unit net cash costs for second-quarter 2015 averaged $1.50 per pound of copper for mining operations and $19.04 per barrel of oil equivalents (BOE) for oil and gas operations.
  • Operating cash flows totaled $1.1 billion (net of $104 million in working capital uses and changes in other tax payments) for second-quarter 2015. Based on current sales volume and cost estimates and assuming average prices of $2.50 per pound for copper, $1,150 per ounce for gold, $6 per pound for molybdenum and $56 per barrel for Brent crude oil for the second half of 2015, operating cash flows for the year 2015 are predictable to approximate $3.6 billion.

Freeport-McMoRan Inc., a natural resource company, engages in the acquisition of mineral assets, and oil and natural gas resources. It primarily explores for copper, gold, molybdenum, cobalt, silver, and other metals, in addition to oil and gas.

Shares of FireEye, Inc. (NASDAQ:FEYE), inclined 4.53% to $48.73, during its last trading session.

Gigamon Inc. (GIMO), declared that its GigaSECURE® Security Delivery Platform fully supports and interoperates with the advanced persistent threat solutions offered by FireEye, Inc., (FEYE), the leader in stopping recently’s advanced cyber attacks. Gigamon and FireEye working in tandem assists ensure that FireEye solutions receive the necessary traffic that they need to thwart advanced cyber threats while GigaSECURE assists to reduce network complexity, costs and security appliance contention for traffic.

GigaSECURE® – The Security Delivery Platform That Bolsters Advanced Threat Protection

The GigaSECURE Security Delivery Platform comprises scalable hardware and software elements that aggregate traffic from physical and virtual networks and delivers it at line-rate speeds to FireEye advanced threat protection systems for malware analysis and network forensics.

Key benefits of GigaSECURE comprise:

  • Infrastructure-wide reach via Gigamon’s GigaVUE-VM and GigaVUE® nodes to feed FireEye appliances
  • Un-sampled Netflow/IPFIX generation for network forensics and analysis
  • Application Session Filtering which selectively sends the right traffic to FireEye for analysis
  • SSL decryption for application malware analysis
  • Inline bypass and out of band capabilities for FireEye appliance scaling and fault tolerance.

FireEye, Inc., together with its auxiliaries, provides cybersecurity solutions for detecting, preventing, and resolving cyber-attacks. The company offers vector-specific appliance solutions that provide threat protection from network to endpoint for inbound and outbound network traffic that may contain sensitive information.

Finally, Lions Gate Entertainment Corp. (NYSE:LGF), ended its last trade with 2.56% gain, and closed at $38.48, hitting its highest level.

Lions Gate Entertainment, acclaimed series ORANGE IS THE NEW BLACK, MAD MEN, NURSE JACKIE and MANHATTAN , and its limited series HOUDINI earned a total of 24 Emmy® nominations recently, counting an eighth successive Outstanding Drama Series nomination for four-time Emmy® winner MAD MEN (AMC); a Drama Series nomination for ORANGE IS THE NEW BLACK (Netflix); and four lead acting nominations counting MAD MEN’s Jon Hamm (his eighth successive drama nod) and Elisabeth Moss (her fifth nomination in this category), NURSE JACKIE’s Edie Falco (an Emmy® winner and six-time nominee for this role), and Adrien Brody , who landed his first Emmy nomination for HOUDINI.

MAD MEN’s 11 nominations also comprise nods for Christina Hendricks as Supporting Actress (her sixth nomination), two Writing nominations, in addition to nods for Production Design, Casting, Editing, Hairstyling and Makeup.

ORANGE IS THE NEW BLACK scored a total of 4 nominations, counting nods for Uzo Aduba as Supporting Actress, Pablo Schreiber as Guest Actor, and Casting, together with its Drama Series nomination.

Lions Gate Entertainment Corp. engages in motion picture production and distribution, television programming and syndication, home entertainment, family entertainment, digital distribution, channel platforms, and international distribution and sales activities.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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