Freeport-McMoRan (FCX) Reviews Business, Stock Climbs

Freeport-McMoRan Inc. FCX stock surged 3.8% to $11.60 after the company said it was reviewing alternatives for its oil-and-gas business, including a spinoff of a joint venture, and was reducing its board, as the company combats a slump in commodity prices. Share volume was 3.5 million, compared to an all-day average of 6.7 million