Freeport-McMoRan reports second-quarter profit rise to $984 million

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Freeport-McMoRan Inc. reported a second-quarter profit of $984 million, or $0.68 per share, up from $772 million, or $0.53 per share, in the same period last year. Excluding items, adjusted earnings were $1.080 billion, or $0.74 per share. Revenue fell 7.3% to $7.029 billion from $7.582 billion a year earlier.

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