Freeport-McMoRan on Sunday night agreed to buy Phelps Dodge for $25.9 billion in cash and stock to become the world's largest publicly traded copper company with mines stretching from Indonesia to Chile. The takeover is the latest in a wave of consolidation that has swept through the global mining industry as commodity prices soared because of high demand, particularly from China. Phelps has been a takeover target since its twin bid for Canadian mining groups Inco and Falconbridge fell ...

Verizon is planning to spend more than $1 billion to wire New Jersey with the fiber network, and recoup its investment by adding revenue from the TV service, plus its existing offerings of telephone and Internet access. Analysts said the TV component is the trickiest part of the so-called triple play. By the end of this year, consumers in more than 100 New Jersey communities are expected to have another alternative when it comes to choosing TV programming. Analysts said the entry of the ...

Effective Tuesday, November 14, 2006, Alcan Cable has raised prices on all Aluminum Bare and Service cable products. Continued cost increases for component materials have made this adjustment necessary. The selling prices will increase by the following approximate amounts: All Bare products - 8%, All Service products - 6% ...

The Sensors Division of MTS Systems Corp. enhanced its C-Series Core Sensor by adding a three-wire option that provides manufacturers with an additional sealing option in wet environments. Standard C-Series linear position sensors include a connector in the electronics housing to attach a mating-connector equipped cable. In a wet environment, cables can wick water or other liquids down the inside of the cable jacket if a more expensive sealed cable is not used or the other end of the cable ...