NYSE New Highs: Freeport-McMoRan Copper & Gold (NYSE:FCX), Taiwan Semiconductor Mfg. (NYSE:TSM), Merck & Co., Inc. (NYSE:MRK), Johnson & Johnson (NYSE:JNJ)

Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) have agreed a Memorandum of Understanding (MoU) with the Indonesian government on contract renegotiations, ministry officials said on Monday, as both sides look to end a six-month dispute that has halted concentrate exports. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) net profit margin is 11.80% and weekly performance is 7.21%. On last trading day company shares ended up $38.67. Analysts mean target price for the company is $39.94. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) distance from 50-day simple moving average (SMA50) is 11.23%.

Taiwan Semiconductor Manufacturing Co Ltd. (ADR) (NYSE:TSM) the world’s top contract chip maker, fell 0.7 percent, weighing down the electronics subindex by 0.1 percent. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) shares declined 0.18% in last trading session and ended the day on $22.67. TSM gross Margin is 47.50% and its return on assets is 15.70%.Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) quarterly performance is 14.67%.

Barclays boosted their target price on shares of Merck & Co. Inc. (NYSE:MRK) from $50.00 to $61.00 in a research note issued on Wednesday. The firm currently has an “equal weight” rating on the stock. Barclays’ price objective would indicate a potential upside of 3.04% from the stock’s previous close. Merck & Co., Inc. (NYSE:MRK) shares moved down 1.15% in last trading session and was closed at $58.52, while trading in range of $58.52 – $58.52. Merck & Co., Inc. (NYSE:MRK) year to date (YTD) performance is 18.73%.

Faced with an array of challenges, the DePuy Synthes medical device unit of Johnson & Johnson (NYSE:JNJ)is undergoing a reorganization that will eliminate approximately 400 jobs, or less than 2% of the global DePuy workforce of 23,000 employees. A J&J JJSF -0.55% spokeswoman confirmed the changes. Johnson & Johnson (NYSE:JNJ) ended the last trading day at $106.47. Company weekly volatility is calculated as 1.10% and price to cash ratio as 10.25.Johnson & Johnson (NYSE:JNJ) showed a positive weekly performance of 1.41%.