Cliffs Natural Resources Inc (NYSE:CLF) had recently announced that it would be appointing its Executive VP of Business Development, P. Kelly Tompkins, as its new CFO. Mr. Tomkins replaced Terrance Paradie, who resigned to pursue other prospects. Following the shuffle in management, the company reported a turnaround in earnings this month. The ore miner reported […]
Cliffs Natural Resources Inc. (NYSE:CLF)
Cliffs Natural Resources Inc (NYSE:CLF) – A New Low Below $4 Can’t Be Ruled Out
Cliffs Natural Resources Inc (NYSE:CLF) rallied by 8.45% with the volume surging to 41 million against the daily average of 10 million only. The stock opened with a sharp gap up and despite some profit booking in the latter hours, managed to protect most of the intraday gains. It was the second consecutive day of […]
Cliffs Natural Resources Inc (NYSE:CLF) Gets Mixed Rating From Three Brokerages
Boston, MA 10/16/2014 (wallstreetpr) – Just eleven days before the announcement of the third quarter financial results, Cliffs Natural Resources Inc (NYSE:CLF) got a mixed rating from three different brokerages on its shares in the current month. The company is slated to announce its financial results on October 27 after the market closes, and will […]
Cliffs Natural Resources Inc. (NYSE:CLF) Underperformance Prompts Downgrade
Boston, MA 10/06/2014 (wallstreetpr) – A series of poor performances by Cliffs Natural Resources Inc. (NYSE:CLF) that had gone unnoticed has finally caught the attention of research firms on Wall Street. A research finding by Nomura clearly shows that just like other players in the space the company is struggling due to a decline in prices […]
Australian Players Speculate To Prepare Bids For Cliffs Natural Resources Inc (NYSE:CLF)’s Mines
Boston, MA 09/29/2014 (wallstreetpr) – Cliffs Natural Resources Inc (NYSE:CLF)’s Australia mines are drawing bids from various producers, such as Mount Gibson Iron Limited (ASX:MGX) and MFS Intermediate Income Trust (NYSE:MIN) Rising Speculations Bloomberg reported in an article that the U.S.-based producer of iron ore has drawn the interest of others in the industry. According […]
Timothy W. Sullivan Resigns From Cliffs Natural Resources Inc (NYSE:CLF)’s Board
Boston, MA 08/18/2014 (wallstreetpr) – Cliffs Natural Resources Inc (NYSE:CLF) will no longer have Timothy W. Sullivan in its board. In the latest news, Director, Timothy W. Sullivan has resigned the company’s board. The resignation was effective immediately. In resignation letter, he stated that he is not in a position to adequately represent the interests […]
Cliffs Natural Resources Inc (NYSE:CLF) Price Target Chopped As Proxy Fight Heats Up
Boston, MA 07/04/2014 (wallstreetpr) – Cliffs Natural Resources Inc (NYSE:CLF) is an international mining and natural resources company with more than $2.5 billion in market value. The company is soaked in a proxy fight with one of its largest shareholders, which has taken an activist approach to push for a management shakeup in the company. […]
Cliffs Natural Resources Inc (NYSE:CLF): Can Undergo Fundamental Changes
Boston, MA 06/20/2014 (wallstreetpr) – Cliffs Natural Resources Inc (NYSE:CLF) management can undergo fundamental changes. Casablanca Capital LP, the 5.2% beneficial owner of Cliff, has urged the shareholders to vote for the fundamental changes in the management of Cliff. It has criticized the company for value destruction in the company. The New Nomination Casablanca Capital […]
Activist Shareholder Challenging Existing Leadership Of Cliffs Natural Resources Inc (NYSE:CLF) Filed Definitive Proxy Statement
Boston, MA 06/13/2014 (wallstreetpr) – An activist shareholder who is challenging the present leadership of Cliffs Natural Resources Inc (NYSE:CLF), on June 12, 2014 filed a definitive proxy statement for upcoming annual meeting of the company. About the Case The investment manager, Casablanca Capital LP, who is New York based, nominated six candidates for the Board […]
Cliffs Natural Resources Inc. (NYSE:CLF) Manages To Reduce Debt Burden
Boston, MA 02/14/2014 (wallstreetpr) – Cliffs Natural Resources Inc. (NYSE:CLF) managed to post good results in the fourth quarter as well as for the full fiscal 2013. This was achieved cost cutting measures implemented by the company as volumes and prices were impacted throughout the year. The Highlights: Revenues for the full 2013 fiscal year […]
Cliff Natural Resources Inc. (NYSE:CLF) Fourth Quarter And Full Year Results
Boston, MA 02/14/2014 (wallstreetpr) – Cliff Natural resources Inc. (NYSE:CLF) which is a mining magnet has posted its fourth quarter and full year financial results for the period ended December 31, 2013. Lower global iron sales accompanied by lower market pricing of metallurgical coal products caused a 3% decline in revenue for the full year. […]
D.R. Horton Inc. (NYSE:DHI), Cliffs Natural Resources Inc. (NYSE:CLF) and Exelon Corporation (NYSE:EXC) On Slow Trading Pace
Boston, MA 01/31/2014 (wallstreetpr) – D.R. Horton Inc. (NYSE:DHI) an important player in the US housing market, returned good investor faith by turning in high net profit for the first quarter. The company reported first quarter EPS of $0.36 beating estimates by $0.07 along with yearly revenue gain of 33.3% valued at $1.64 Billion. D. […]
Can These Stocks Make You Money? Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), Cliffs Natural Resources Inc (NYSE:CLF) Vodafone Group Plc (ADR) (NASDAQ:VOD)
Boston, MA 01/30/2014 (wallstreetpr) – Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) investors should take note of impending opportunity for the company if the latest rumors are anything to go by. HIMX supplies the microdisplays used in the soon-to-be-released Google Glass. This means that the company is hoping that more sales of Google Glass will significantly boost […]
Cliffs Natural Resources Inc (NYSE:CLF) And Shareholder Casablanca Ponder Over Potential Proposal For Increase Shareholder Valuation
Boston, MA 01/29/2014 (wallstreetpr) – Cliffs Natural Resources Inc (NYSE:CLF) was advocated to double its dividend by separating foreign assets. Shareholder Casablanca Capital LP urged the chairman of the biggest U.S. iron ore producer in a letter Chairman James Kirsch filed with the regulators today. Casablanca is the fourth largest stakeholder in the Cleveland based company […]
Cliffs Natural Resources Inc (NYSE:CLF): Another Executive Leaves
Boston, MA 11/04/2013 (wallstreetpr) – Before the year is through, Cliffs Natural Resources Inc (NYSE:CLF) will see another of its leaders leaving. The company announced last week that on Dec 31’13, its EVP Donald Gallagher will retire. Gallagher will be leaving the Cleveland-based iron ore and metallurgical coal producer’s global commercial desk. In the past five months, […]
