Southern Copper's solid balance sheet and low-cost structure will help protect bondholders no matter where copper prices go says Morningstar's Dan Rohr.
The unexpectedly quick rise in commodity prices after the downturn has allowed many miners to paper over their balance sheet sins, says Morningstar's Dan Rohr.
Ladies and gentlemen, thank you for standing by. Welcome to the Freeport-McMoRan Copper n Gold Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.
Bank of America Corp. led decliners in the Dow Jones Industrial Average after reporting profit dropped 63 percent, hurt by shrinking revenue and more costs from cleaning up bad mortgages.
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