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| Phelps Dodge's net income exceeds three billion dollars Phoenix mining giant Phelps Dodge Corp. reported consolidated net income of $1,324.3 million, or $6.50 per share, for the 2006 fourth quarter, and $3,017.8 million, or $14.83 per share, for the year 2006. By comparison, the company reported net income of $121.3 million, or 60 cents per share, for the 2005 fourth quarter, and $1,556.4 million, or $7.69 per share, for the year 2005. write your comments about the article :: © 2007 Construction News :: home page |