On Tuesday, Shares of Freeport-McMoRan Inc (NYSE:FCX), lost -1.24% to $12.73. 30.95 million shares of the company were exchanged.
Freeport-McMoRan Inc. (FCX) declared that PT Freeport Indonesia (PT-FI) and the Government of Indonesia have engaged in productive talk about regarding PT-FI’s long term operating rights and investment plans. The Government is presently developing economic stimulus measures which comprise revisions to mining regulations to promote economic and employment growth.
In consideration of PT-FI’s major investments and preceding and ongoing commitments to enhance benefits to Indonesia, counting formerly agreed higher royalties, domestic processing, divestment and local content, the Government has assured PT-FI that the Government will approve the extension of operations beyond 2021, counting the same rights and the same level of legal and fiscal certainty offered under its Contract of Work.
FCX is a premier U.S.-based natural resources company with an industry-leading global portfolio of mineral assets, noteworthy oil and gas resources and a growing production profile. FCX is the world’s largest publicly traded copper producer.
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 Eli Lilly and Co (NYSE:LLY), inclined 0.21% to $79.61, during its last trading session.
Graduate students across the country, with an interest in health care and medical research, will soon have the opportunity to learn about a lesser-known area of patient care – the drug discovery and development process. Eli Lilly and Company (LLY) has collaborated with 10 leaders from academic institutions to create an elective graduate level course, “Making Medicines: The Process of Drug Development.” Lilly will formally unveil the eLearning course at the American Osteopathic Association scientific conference in Orlando, Fla., October 17-21, and launch its pilot program with academic partners starting in 2016.
The online drug development course provides an interactive platform for students to explore the fundamental principles of drug development, learn about the regulatory environment that govern the biopharmaceutical industry, and identify the roles of key stakeholders, counting physicians, who develop, investigate, and regulate biopharmaceutical products. The course comprises seven chapters that contain various elements, such as expert videos from the perspective of the FDA and NIH, knowledge checks, case studies and competency tests.
The launch of the course comes shortly after the introduction of Lilly’s Medical Student Rotation Program, a four-week experiential learning program at their Indianapolis headquarters, where third- and fourth-year medical students familiarize themselves with the biopharmaceutical industry and its role in the practice of medicine through real-world projects and workshops. Future healthcare providers, who will be dependent on new medicines for their patients, will benefit from learning about the discovery and approval process.
Eli Lilly and Company discovers, develops, manufactures, and sells pharmaceutical products worldwide. It operates through two segments, Human Pharmaceutical Products and Animal Health Products.
At the end of Tuesday’s trade, Shares of NRG Energy Inc (NYSE:NRG), inclined 0.80% to $15.03.
NRG Energy, Inc. (NRG) declared that its Board of Directors declared a quarterly dividend on the Company’s common stock of $0.145 per share, or $0.58 per share on an annualized basis. The dividend is payable on November 16, 2015 to stockholders of record as of November 2, 2015.
NRG Energy, Inc., together with its auxiliaries, operates as a power company. The company provides electricity; system power, distributed generation, solar and wind products, backup generation, storage and distributed solar, demand response, energy efficiency, and on-site energy solutions; carbon administration and specialty services; and various energy services, such as operations, maintenance, technical, development, and asset administration services.
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