Seeking Alpha
 

First Trust ISE Global Copper Index ETF (CU)

- NASDAQ
Show Summaries  |  Hide Summaries
  • Aug. 22, 2012, 2:58 AM
    BHP Billiton (BHP): H2 profit before items -35% to $7.16B vs. consensus of $6.96B. Abandons $20B Olympic Dam copper expansion and will look at a "less capital intensive option." Won't approve any new projects until at least mid-2013. It's the biggest sign of how China's slowdown has stalled the global mining boom. (PR)
    | 11 Comments
  • Apr. 19, 2012, 8:30 AM
    More on Freeport McMoRan (FCX): This can be a tough business sometimes as costs don't pay attention to the price of the metal being mined: Q1 cash costs $1.26/lb. vs.$0.79 a year ago, costs for 2012 expected to be $1.43. Earnings off 49% Y/Y. Shares +1% premarket. (PR)
    | Comment!
Visit Seeking Alpha's
CU vs. ETF Alternatives
CU Description
The First Trust ISE Global Copper Index Fund is an exchange-trade fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an equity index called the ISE Global CopperTM Index.
See more details on sponsor's website
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub