Cleveland Cliffs Newswire

Cleveland Cliffs Newswire

Comprehensive Real-Time News Feed for Cleveland Cliffs.

Results 1 - 20 of 380 in Cleveland Cliffs

  1. Cliffs Natural Resources reaches multi-million settlement with shareholdersRead the original story w/Photo

    Monday Feb 8 | CBC News

    The shareholders sued Cliffs Natural Resources in mid-2014 over the impact of Quebec's Bloom Lake mine on the company's bottom line. It was alleged the former board of directors and management made misleading statements about the mine and failed to keep costs in check.

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  2. Cliffs to settle lawsuit over questionable information distributed by former boardRead the original story w/Photo

    Sunday Feb 7 | Business North

    Cliffs Natural Resources Inc. has reached agreements to settle lawsuits brought against the company over the alleged distribution of false information regarding the Bloom Lake mine in Canada. The expensive Bloom Lake investment was among a series of moves that led Casablanca Capital LP, an activist investor, to oust existing board member at Cliffs' 2014 annual meeting.

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  3. Request made for Wabush schoolRead the original story w/Photo

    Friday Feb 5 | Telegram

    While there has been talk of one or more parties interested in the shuttered iron ore mine site in Labrador West, there is also continuing work towards the site's decommissioning and rehabilitation. A decommissioning plan from Cliffs Natural Resources now sits with the province's minister of Environment, who is set to make a decision of some kind on its contents by Wednesday.

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  4. Companies to hire laid off miners, steel workers at job fair TuesdayRead the original story w/Photo

    Friday Feb 5 | Alabama Live

    After massive layoffs affecting miners and steel workers in the Birmingham and Tuscaloosa areas, a job fair Tuesday is designed to help them recover and find new jobs. The Alabama Career Center Systems is partnering with Alabama Works to host a job for on Tuesday, Feb. 9 from 9 a.m. until 1 p.m. at the at the G.G. Hardin Center at 15689 Alabama Highway 216 in Brookwood.

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  5. Cliffs Natural Resources Faces 'Solvency Risk', Says Deutsche BankRead the original story

    Friday Feb 5 | TheStreet.com

    When Cliffs Natural Resources announced earnings last week, it also announced a private offer to exchange up to $710 million in aggregate principal of newly-issued 8.00% 1.5 Lien Senior Secured Notes due 2020 for existing notes. During its earnings call, the company said the offering was "yet another step in our progress of better aligning our debt and EBITDA."

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  6. Cliffs Natural Resources Inc (CLF) PT Lowered to $1.00Read the original story w/Photo

    Friday Feb 5 | AmericanBankingNews.com

    The brokerage presently has a "sell" rating on the mining company's stock. Deutsche Bank's target price would indicate a potential downside of 48.19% from the company's current price.

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  7. Brokers Issue Forecasts for Cliffs Natural Resources Inc's Q1 2016 EarningsRead the original story w/Photo

    Thursday Feb 4 | Daily Political

    Cliffs Natural Resources Inc - Analysts at BB&T Corp. issued their Q1 2016 earnings estimates for shares of Cliffs Natural Resources in a note issued to investors on Monday, according to Zacks Investment Research . BB&T Corp. analyst G. Nelson anticipates that the firm will post earnings per share of for the quarter.

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  8. Under pressure, iron country softensRead the original story

    Thursday Feb 4 | Anchorage Daily News

    The railroad tracks that connect the 50-year-old iron mine here to the rest of America are hidden by a blanket of snow. On a normal day, a train would be plowing through the snow every three hours, carrying thousands of tons of iron ore destined to be melted into the steel frame of a car or the beams of a skyscraper.

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  9. Minnesota's iron country feels China's economic painRead the original story w/Photo

    Wednesday Feb 3 | The Washington Post

    Waste rock is detonated during a planned blast at the Arcelor Mittal Minorca Mine. The Minnesota mines manufacture taconite pellets, which are rich in iron and a small as buckshot.

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  10. Financial turmoil half a world away is melting Minnesota's iron countryRead the original story w/Photo

    Wednesday Feb 3 | The Washington Post

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  11. Iron ore price pressures to rise, says GoldmanRead the original story w/Photo

    Wednesday Feb 3 | Canberra Times

    The projected loss of steel output from the capacity cuts will likely put "further downward pressure on an iron ore market already in oversupply", says Goldman. Iron ore prices that have been battered by global oversupply may face additional pressure as China's central government steps up efforts to cut back steel capacity in the world's top producer, according to Goldman Sachs Group.

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  12. Wednesday Sector Leaders: Precious Metals, Non-Precious Metals & Non-Metallic Mining StocksRead the original story

    Wednesday Feb 3 | MarketNewsVideo

    In trading on Wednesday, precious metals shares were relative leaders, up on the day by about 5.4%. Leading the group were shares of Richmont Mines , up about 13.2% and shares of Yamana Gold up about 11.1% on the day.

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  13. Cliffs Natural Resources Inc (CLF) Bonds Drop 2.3% During TradingRead the original story w/Photo

    Tuesday Feb 2 | AmericanBankingNews.com

    An issue of Cliffs Natural Resources Inc bonds fell 2.3% as a percentage of their face value during trading on Monday, Analyst Ratings.Net reports. The high-yield issue of debt has a 6.25% coupon and will mature on October 1, 2040.

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  14. China leadership driving steel output cut, says Cliffs' GoncalvesRead the original story w/Photo

    Tuesday Feb 2 | The Age

    Steel production in China will extend declines this year as the country's top leadership has endorsed a concerted push to cut back on overcapacity in the country that accounts for half of global supply, according to the head of Cliffs Natural Resources. "If the central government has said they want 100 to 150 million tons of steel capacity shut down, they may not get that much but I'm sure they'll get some," Lourenco Goncalves, chief executive officer of the largest US iron ore producer, said in an interview.

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  15. Cliffs Natural Resources Inc (CLF) Expected to Post Q3 2016 Earnings of ($0.14) Per ShareRead the original story w/Photo

    Monday Feb 1 | AmericanBankingNews.com

    Cliffs Natural Resources Inc - Research analysts at FBR & Co. issued their Q3 2016 earnings per share estimates for shares of Cliffs Natural Resources in a report issued on Friday, according to Zacks Investment Research .

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  16. MinRes eyes savings at EsperanceRead the original story w/Photo

    Friday Jan 29 | West Australian

    Mineral Resources says it is moving closer to big cost savings through exporting its Yilgarn iron ore through Esperance rather than Kwinana. MinRes has long eyed Esperance as a cheaper export option for its Carina operation, 100km north-east of Southern Cross, believing it will shave as much as $10 a tonne from Carina's costs.

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  17. 9.3% Stake of Cliffs Natural Resources Inc (CLF) Owned by George W ConnellRead the original story w/Photo

    Friday Jan 29 | AmericanBankingNews.com

    George W Connell recently stated that they own 9.3% of Cliffs Natural Resources Inc in a Form 13G/A disclosure that was filed with the Securities and Exchange Commission on Friday, January 29th. The investor owns 14,300,010 shares of the stock worth approximately $22,737,016.

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  18. Why I Bought BHP BillitonRead the original story w/Photo

    Thursday Jan 28 | Seeking Alpha

    I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it .

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  19. Cliffs Natural Resources Standstill Agreement With Casablanca, Bond Exchange And OutlookRead the original story w/Photo

    Thursday Jan 28 | Seeking Alpha

    Cliffs Natural Resources has a standstill agreement with a major holder, Casablanca, which will expire after the 2016 annual meeting. This would open the door for Casablanca to increase its stake in Cliff should they be so inclined.

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  20. Cliffs Natural Resources Inc (CLF) Bond Prices Rise 2.7% EarningsRead the original story w/Photo

    Wednesday Jan 27 | AmericanBankingNews.com

    An issue of Cliffs Natural Resources Inc bonds rose 2.7% as a percentage of their face value during trading on Wednesday following a weaker than expected earnings announcement, Market Beat.com reports. The high-yield debt issue has a 5.9% coupon and is set to mature on March 15, 2020.

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