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Old 11th January 2006, 05:11 AM   #1

Username: RSS News User
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Default Phelps Dodge slashes forecast on hedges, shortfalls (Reuters)

<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20060110/bs_nm/minerals_phelpsdodge_outlook_dc"><img src="http://us.news3.yimg.com/us.i2.yimg.com/p/nm/20060110/2006_01_10t102728_450x300_us_minerals_phelpsdodge_ outlook.jpg?x=130&amp;y=86&amp;sig=JFd.nIB.4obEXs5 slfM_sw--" align="left" height="86" width="130" alt="Copper Rods are seen at a Phelps Dodge facility in an undated file photo. Copper miner Phelps Dodge Corp. on Tuesday slashed its earnings outlook for the fourth quarter by more than 70 percent, hurt by its copper price hedging program, a range of special items and production and sales shortfalls of copper and molybdenum. (Handout/Reuters)" border="0" /></a>Reuters - Copper miner Phelps Dodge Corp.
on Tuesday slashed its earnings forecast for the fourth quarter
by more than 70 percent, hurt by production and sales
shortfalls of copper and molybdenum, price hedges and a range
of special items.</p><br clear=all>

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