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LONDON – Copper jumped more than 3% Wednesday, reversing a prior drop, as word leaked of a possible strike at Codelco, the world’s largest producer.

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RICHARDSON, TX – TXP Corp. today reported a fourth quarter net loss of $5.8 million on sales of $2.8 million.
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MILWAUKEE – Tyco Electronics will close its plant here and lay off 101 workers, the company said in a state filing.
In a required filing with the Wisconsin Department of Workforce Development, Tyco said it would lay off 58 full-time and 43 temporary employees.
 
The company is making moves to improve its competitiveness and cost structure.
 
A handful of affected employees will be offered relocation, the company said.

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