Cliffs Natural Resources Inc (CLF) 5.06 $CLF
Cliffs Natural Resources Inc. Announces Successful Completion of Refinancing Transactions
PR Newswire - 1 hr 20 mins ago
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company"
announced today that, on March 30, 2015, it entered into a new senior secured asset-based revolving credit facility (the "New ABL Facility" and successfully completed its previously announced private offering (the "Offering" of $540 million aggregate principal amount of 8.250% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes". From the Offering of the New First Lien Notes, the Company received net proceeds, after the initial purchasers' discounts and the payment of fees and expenses, of approximately $491.4 million. The Company used a portion of the net proceeds from the Offering to repay all amounts outstanding under its former revolving credit facility and intends to use the remainder for general corporate purposes. Additionally, the New ABL Facility is expected to provide up to $550 million in borrowing availability on a revolving basis, subject to a borrowing base limitation and the issuance of letters of credit.
CLF: 5.06 (+0.33)
Cliffs Natural Resources Debt Exchange
Pat Stout - at Seeking Alpha - Sat Mar 28, 9:30AM CDT
CLF: 5.06 (+0.33)
Cliffs Natural (CLF) Extends Exchange Offer for Senior Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 27, 5:02PM CDT
Cliffs Natural (CLF) announced that it has extended the date of its offer to exchange its recently issued 7.75% senior secured notes due 2020.
RBY: 0.93 (-0.02), NEM: 22.02 (-0.21), CLF: 5.06 (+0.33), AKG: 1.40 (-0.10)
One Factor Bringing Cliffs Natural Resources (CLF) Stock Down Today
at The Street - Thu Mar 26, 10:57AM CDT
Cliffs Natural Resources (CLF) is falling Thursday after announcing the extension of its previously announced private offers to exchange its newly issued senior notes.
CLF: 5.06 (+0.33)
Next Support Level for Cliffs Natural Resources (CLF) is $4.70
Comtex SmarTrend(R) - Thu Mar 26, 10:48AM CDT
Shares of Cliffs Natural Resources (NYSE:CLF) have bearishly opened below the pivot of $5.18 today and have reached the first support level of $4.89. Should the shares continue to fall, the support pivots of $4.70 and $4.22 will be of interest.
CLF: 5.06 (+0.33)
Canada's "Next Oil Sands Miracle" a Bust
Rich Duprey, The Motley Fool - Motley Fool - Thu Mar 26, 10:08AM CDT
You can't get there from here. Noront Resources' Eagle's Nest chromite project in the Ring of Fire wilderness region of northern Ontario. Photo: Noront Resources. Once billed as the economic equivalent of Canada's oil sands industry , the vast oil...
FNV: 47.91 (-0.07), CLF: 5.06 (+0.33)
Momentum Indicators for Metals and Mining Stocks - Cliffs Natural Resources, Walter Energy, Agnico Eagle Mines, Stillwater Mining, and Paramount Gold and Silver
PR Newswire - Thu Mar 26, 7:45AM CDT
Editor Note: For more information about this release, please scroll to bottom.
AEM: 28.00 (-0.85), PZG: 1.00 (-0.04), WLT: 0.69 (-0.03), CLF: 5.06 (+0.33), SWC: 13.28 (+0.14)
Cliffs Natural Resources Inc. Announces Extension of Exchange Offers for Senior Notes
PR Newswire - Thu Mar 26, 6:00AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company" today announced that it has extended its previously announced private offers (the "Exchange Offers" to exchange its newly issued 7.75% Senior Secured Notes due 2020 for certain outstanding senior unsecured notes of Cliffs (the "Existing Notes", upon the terms and subject to the conditions set forth in the Company's offering memorandum dated February 26, 2015 (as amended and supplemented on March 5, 2015), in order to coincide with the closing of its new asset-based credit facility and its issuance of first lien notes. Accordingly, the Exchange Offers will expire at 9:00 a.m., New York City time, on March 30, 2015. All other applicable terms and conditions of the Exchange Offers remain unchanged. As of March 25, 2015, a total of approximately $674 million aggregate principal amount of Existing Notes had been tendered in the Exchange Offers. The Company expects the settlement of the Exchange Offers to occur on March 30, 2015.
CLF: 5.06 (+0.33)
It Had To Happen - An Outright Call For Iron Ore Collusion
Dr. Duru - at Seeking Alpha - Thu Mar 26, 3:24AM CDT
FXA: 76.52 (-1.16), BHP: 47.18 (+0.08), CLF: 5.06 (+0.33), RIO: 42.37 (+0.49)
NYSE stocks posting largest percentage increases
AP - Wed Mar 25, 12:43PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:
CLV: 5.56 (+0.27), PE: 16.05 (+0.15), CLF: 5.06 (+0.33), SN: 13.03 (+0.08), LPG: 12.93 (+0.04), TTI: 6.05 (+0.21), LXK: 43.13 (-0.17)
Cliffs Natural Resources prices USD540m 8.25% senior secured notes due 2020
M2 - Wed Mar 25, 11:06AM CDT
US mining and natural resources company Cliffs Natural Resources Inc (NYSE: CLF) declared on Wednesday that it has priced USD540m aggregate principal amount of 8.25% senior secured notes due 31 March 2020 (New First Lien Notes).
CLF: 5.06 (+0.33)
Cliffs Natural Resources Shares Down 23.4% Since SmarTrend's Sell Call (CLF)
Comtex SmarTrend(R) - Wed Mar 25, 9:22AM CDT
SmarTrend identified a Downtrend for Cliffs Natural Resources (NYSE:CLF) on January 28th, 2015 at $6.76. In approximately 2 months, Cliffs Natural Resources has returned 23.37% as of today's recent price of $5.18.
CLF: 5.06 (+0.33)
Cliffs Natural Resources Inc. Announces Pricing of $540,000,000 Senior Secured Notes due 2020
PR Newswire - Wed Mar 25, 8:13AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company" announced today that it has priced $540 million aggregate principal amount of 8.25% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes" in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act". The New First Lien Notes will be jointly and severally and fully and unconditionally guaranteed on a senior secured basis by substantially all of Cliffs' material domestic subsidiaries and will be secured (subject in each case to certain exceptions and permitted liens) by (i) a first-priority lien on substantially all of Cliffs' assets and the assets of the guarantors (other than accounts receivable and other rights to payment, inventory, as-extracted collateral, investment property, certain general intangibles and commercial tort claims, certain mobile equipment, commodities accounts, deposit accounts, securities accounts and other related assets and proceeds and products of each of the foregoing (collectively, the "ABL Collateral"), and (ii) a second-priority lien (junior to the ABL Facility (as defined below)) on the ABL Collateral. Cliffs' assets and the assets of the guarantors that secure the New First Lien Notes on a first-priority basis, together with the ABL Collateral, will include substantially all of the assets of Cliffs and the guarantors, subject to certain customary exceptions.
CLF: 5.06 (+0.33)
Whiting and McCormick are big market movers
AP - Tue Mar 24, 3:39PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
VRTX: 121.25 (+0.91), LMT: 204.89 (+2.66), WLL: 30.72 (+0.22), HPJ: 3.84 (-0.05), CLV: 5.56 (+0.27), PFE: 35.00 (+0.47), SONS: 7.96 (-0.04), HDS: 31.41 (+1.18), LLY: 73.87 (+0.29), CLF: 5.06 (+0.33), CECO: 5.25 (unch), MEIP: 1.75 (+0.01), THC: 50.39 (+0.44), DGLY: 13.36 (+0.69)
Cliffs Natural Selling Chromite Assets to Noront Resources - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 24, 11:10AM CDT
Cliffs (CLF) has agreed to divest its Chromite assets to Noront Resources for $20 million.
UUUU: 4.49 (-0.13), NCQ: 0.62 (unch), FNV: 47.91 (-0.07), CLF: 5.06 (+0.33)
Cliffs Natural Resources Investor Sentiment
Pat Stout - at Seeking Alpha - Tue Mar 24, 9:15AM CDT
CLF: 5.06 (+0.33)
Company News for March 24, 2015 - Corporate Summary
Zacks Equity Research - Zacks Investment Research - Tue Mar 24, 9:10AM CDT
Companies in the News are: CLF,GILD,THC,CRK
GILD: 100.69 (-0.31), THC: 50.39 (+0.44), CLF: 5.06 (+0.33), CRK: 3.48 (+0.06)
Cliffs Natural Resources Golden Shield And Gonclaves Will Prevail
SD Davis - at Seeking Alpha - Tue Mar 24, 6:16AM CDT
CLF: 5.06 (+0.33)
Cliffs Natural Resources: My Thoughts On Recent Developments
Vladimir Zernov - at Seeking Alpha - Tue Mar 24, 5:58AM CDT
CLF: 5.06 (+0.33)
Shake Shack Shares Persist On The Hard To Borrow List
Interactive Brokers - Seeking Alpha - Tue Mar 24, 1:57AM CDT
Demand for shares of Shake Shack (NYSE: SHAK ) has been consistent during the past two weeks. Much of the demand was ignited roughly two weeks ago following the release of SHAK's fourth-quarter earnings, which the market initially had a hard time...
HLF: 42.72 (-0.45), TSLA: 190.57 (+5.57), SHAK: 49.62 (+0.62), MVIS: 3.52 (-0.02), AMRN: 2.39 (-0.02), CLF: 5.06 (+0.33), AXN: 1.70 (-0.12), NVGN: 4.27 (-0.28), AMPE: 7.43 (-0.40), FXCM: 2.13 (-0.03), RIG: 14.71 (+0.22), CNDO: 3.54 (-0.04), CEN: 17.50 (+0.39)
Cliffs Natural Resources Inc. Announces Successful Completion of Refinancing Transactions
PR Newswire - 1 hr 20 mins ago
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company"
announced today that, on March 30, 2015, it entered into a new senior secured asset-based revolving credit facility (the "New ABL Facility" and successfully completed its previously announced private offering (the "Offering" of $540 million aggregate principal amount of 8.250% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes". From the Offering of the New First Lien Notes, the Company received net proceeds, after the initial purchasers' discounts and the payment of fees and expenses, of approximately $491.4 million. The Company used a portion of the net proceeds from the Offering to repay all amounts outstanding under its former revolving credit facility and intends to use the remainder for general corporate purposes. Additionally, the New ABL Facility is expected to provide up to $550 million in borrowing availability on a revolving basis, subject to a borrowing base limitation and the issuance of letters of credit. CLF: 5.06 (+0.33)
Cliffs Natural Resources Debt Exchange
Pat Stout - at Seeking Alpha - Sat Mar 28, 9:30AM CDT
CLF: 5.06 (+0.33)
Cliffs Natural (CLF) Extends Exchange Offer for Senior Notes - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 27, 5:02PM CDT
Cliffs Natural (CLF) announced that it has extended the date of its offer to exchange its recently issued 7.75% senior secured notes due 2020.
RBY: 0.93 (-0.02), NEM: 22.02 (-0.21), CLF: 5.06 (+0.33), AKG: 1.40 (-0.10)
One Factor Bringing Cliffs Natural Resources (CLF) Stock Down Today
at The Street - Thu Mar 26, 10:57AM CDT
Cliffs Natural Resources (CLF) is falling Thursday after announcing the extension of its previously announced private offers to exchange its newly issued senior notes.
CLF: 5.06 (+0.33)
Next Support Level for Cliffs Natural Resources (CLF) is $4.70
Comtex SmarTrend(R) - Thu Mar 26, 10:48AM CDT
Shares of Cliffs Natural Resources (NYSE:CLF) have bearishly opened below the pivot of $5.18 today and have reached the first support level of $4.89. Should the shares continue to fall, the support pivots of $4.70 and $4.22 will be of interest.
CLF: 5.06 (+0.33)
Canada's "Next Oil Sands Miracle" a Bust
Rich Duprey, The Motley Fool - Motley Fool - Thu Mar 26, 10:08AM CDT
You can't get there from here. Noront Resources' Eagle's Nest chromite project in the Ring of Fire wilderness region of northern Ontario. Photo: Noront Resources. Once billed as the economic equivalent of Canada's oil sands industry , the vast oil...
FNV: 47.91 (-0.07), CLF: 5.06 (+0.33)
Momentum Indicators for Metals and Mining Stocks - Cliffs Natural Resources, Walter Energy, Agnico Eagle Mines, Stillwater Mining, and Paramount Gold and Silver
PR Newswire - Thu Mar 26, 7:45AM CDT
Editor Note: For more information about this release, please scroll to bottom.
AEM: 28.00 (-0.85), PZG: 1.00 (-0.04), WLT: 0.69 (-0.03), CLF: 5.06 (+0.33), SWC: 13.28 (+0.14)
Cliffs Natural Resources Inc. Announces Extension of Exchange Offers for Senior Notes
PR Newswire - Thu Mar 26, 6:00AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company"
today announced that it has extended its previously announced private offers (the "Exchange Offers" to exchange its newly issued 7.75% Senior Secured Notes due 2020 for certain outstanding senior unsecured notes of Cliffs (the "Existing Notes", upon the terms and subject to the conditions set forth in the Company's offering memorandum dated February 26, 2015 (as amended and supplemented on March 5, 2015), in order to coincide with the closing of its new asset-based credit facility and its issuance of first lien notes. Accordingly, the Exchange Offers will expire at 9:00 a.m., New York City time, on March 30, 2015. All other applicable terms and conditions of the Exchange Offers remain unchanged. As of March 25, 2015, a total of approximately $674 million aggregate principal amount of Existing Notes had been tendered in the Exchange Offers. The Company expects the settlement of the Exchange Offers to occur on March 30, 2015. CLF: 5.06 (+0.33)
It Had To Happen - An Outright Call For Iron Ore Collusion
Dr. Duru - at Seeking Alpha - Thu Mar 26, 3:24AM CDT
FXA: 76.52 (-1.16), BHP: 47.18 (+0.08), CLF: 5.06 (+0.33), RIO: 42.37 (+0.49)
NYSE stocks posting largest percentage increases
AP - Wed Mar 25, 12:43PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:
CLV: 5.56 (+0.27), PE: 16.05 (+0.15), CLF: 5.06 (+0.33), SN: 13.03 (+0.08), LPG: 12.93 (+0.04), TTI: 6.05 (+0.21), LXK: 43.13 (-0.17)
Cliffs Natural Resources prices USD540m 8.25% senior secured notes due 2020
M2 - Wed Mar 25, 11:06AM CDT
US mining and natural resources company Cliffs Natural Resources Inc (NYSE: CLF) declared on Wednesday that it has priced USD540m aggregate principal amount of 8.25% senior secured notes due 31 March 2020 (New First Lien Notes).
CLF: 5.06 (+0.33)
Cliffs Natural Resources Shares Down 23.4% Since SmarTrend's Sell Call (CLF)
Comtex SmarTrend(R) - Wed Mar 25, 9:22AM CDT
SmarTrend identified a Downtrend for Cliffs Natural Resources (NYSE:CLF) on January 28th, 2015 at $6.76. In approximately 2 months, Cliffs Natural Resources has returned 23.37% as of today's recent price of $5.18.
CLF: 5.06 (+0.33)
Cliffs Natural Resources Inc. Announces Pricing of $540,000,000 Senior Secured Notes due 2020
PR Newswire - Wed Mar 25, 8:13AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) ("Cliffs" or the "Company"
announced today that it has priced $540 million aggregate principal amount of 8.25% Senior Secured Notes due March 31, 2020 (the "New First Lien Notes" in an offering that is exempt from the registration requirements of the Securities Act of 1933 (the "Securities Act". The New First Lien Notes will be jointly and severally and fully and unconditionally guaranteed on a senior secured basis by substantially all of Cliffs' material domestic subsidiaries and will be secured (subject in each case to certain exceptions and permitted liens) by (i) a first-priority lien on substantially all of Cliffs' assets and the assets of the guarantors (other than accounts receivable and other rights to payment, inventory, as-extracted collateral, investment property, certain general intangibles and commercial tort claims, certain mobile equipment, commodities accounts, deposit accounts, securities accounts and other related assets and proceeds and products of each of the foregoing (collectively, the "ABL Collateral"), and (ii) a second-priority lien (junior to the ABL Facility (as defined below)) on the ABL Collateral. Cliffs' assets and the assets of the guarantors that secure the New First Lien Notes on a first-priority basis, together with the ABL Collateral, will include substantially all of the assets of Cliffs and the guarantors, subject to certain customary exceptions. CLF: 5.06 (+0.33)
Whiting and McCormick are big market movers
AP - Tue Mar 24, 3:39PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
VRTX: 121.25 (+0.91), LMT: 204.89 (+2.66), WLL: 30.72 (+0.22), HPJ: 3.84 (-0.05), CLV: 5.56 (+0.27), PFE: 35.00 (+0.47), SONS: 7.96 (-0.04), HDS: 31.41 (+1.18), LLY: 73.87 (+0.29), CLF: 5.06 (+0.33), CECO: 5.25 (unch), MEIP: 1.75 (+0.01), THC: 50.39 (+0.44), DGLY: 13.36 (+0.69)
Cliffs Natural Selling Chromite Assets to Noront Resources - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 24, 11:10AM CDT
Cliffs (CLF) has agreed to divest its Chromite assets to Noront Resources for $20 million.
UUUU: 4.49 (-0.13), NCQ: 0.62 (unch), FNV: 47.91 (-0.07), CLF: 5.06 (+0.33)
Cliffs Natural Resources Investor Sentiment
Pat Stout - at Seeking Alpha - Tue Mar 24, 9:15AM CDT
CLF: 5.06 (+0.33)
Company News for March 24, 2015 - Corporate Summary
Zacks Equity Research - Zacks Investment Research - Tue Mar 24, 9:10AM CDT
Companies in the News are: CLF,GILD,THC,CRK
GILD: 100.69 (-0.31), THC: 50.39 (+0.44), CLF: 5.06 (+0.33), CRK: 3.48 (+0.06)
Cliffs Natural Resources Golden Shield And Gonclaves Will Prevail
SD Davis - at Seeking Alpha - Tue Mar 24, 6:16AM CDT
CLF: 5.06 (+0.33)
Cliffs Natural Resources: My Thoughts On Recent Developments
Vladimir Zernov - at Seeking Alpha - Tue Mar 24, 5:58AM CDT
CLF: 5.06 (+0.33)
Shake Shack Shares Persist On The Hard To Borrow List
Interactive Brokers - Seeking Alpha - Tue Mar 24, 1:57AM CDT
Demand for shares of Shake Shack (NYSE: SHAK ) has been consistent during the past two weeks. Much of the demand was ignited roughly two weeks ago following the release of SHAK's fourth-quarter earnings, which the market initially had a hard time...
HLF: 42.72 (-0.45), TSLA: 190.57 (+5.57), SHAK: 49.62 (+0.62), MVIS: 3.52 (-0.02), AMRN: 2.39 (-0.02), CLF: 5.06 (+0.33), AXN: 1.70 (-0.12), NVGN: 4.27 (-0.28), AMPE: 7.43 (-0.40), FXCM: 2.13 (-0.03), RIG: 14.71 (+0.22), CNDO: 3.54 (-0.04), CEN: 17.50 (+0.39)
