Freeport-McMoRan Gets Out The Ax - Forbes.com

Great class example.Freeport-McMoRan Gets Out The Ax - Forbes.com: "The Phoenix-based mining company said Tuesday it was suspending its dividend, scaling back production and slashing its 2009 capital expenditures plans...Shares of Freeport tumbled 17.3%, or $3.77, to close Wednesday's trading session at $18.05"A few comments:1. Dividend cuts convey additional information about the future (