Cliffs to Restart United Taconite, Raises 2016 Sales Outlook
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:02AM CDT
Cliffs Natural Resources Inc. (CLF) declared that it will will restart operations of the United Taconite mining facility (UTAC) in Minnesota in August.
TCK: 11.40 (-0.52), BHP: 26.73 (-1.25), CLF: 5.16 (+0.06), MT: 5.29 (-0.12)
Cliffs Natural Resources Inc. Announces Earlier Restart of United Taconite and Increases 2016 Sales Guidance
PR Newswire - Thu Jun 09, 9:22AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it will be restarting operations in August at its United Taconite mining facility (UTAC) in Minnesota. This restart will occur two months earlier than the anticipated October 2016 start date previously reported last week following the announcement of the Company's 10-year supply agreement with a major steel client. The August restart of UTAC was made possible due to additional business recently contracted with U.S. Steel Canada to supply the majority of their iron ore pellet requirements for the third and the fourth quarters of 2016.
CLF: 5.16 (+0.06)
Will Cliffs Natural Resources (CLF) Crush Estimates at Its Next Earnings Report?
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 6:23AM CDT
Cliffs Natural Resources Inc. (CLF), a firm in the Mining -Iron, which could be a great candidate for another beat.
CLF: 5.16 (+0.06)
Cliffs to Gain from ArcelorMittal Deal, Debt & Cost Actions
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:53AM CDT
We have issued an updated research report on Cliffs Natural Resources Inc. (CLF).
TCK: 11.40 (-0.52), BHP: 26.73 (-1.25), CLF: 5.16 (+0.06), MT: 5.29 (-0.12)
Cliffs Natural Resources (CLF) Jumps: Stock Rises 39.4%
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 7:30AM CDT
Cliffs Natural Resources, Inc. (CLF) shares rose over 39% in the last trading session.
CLF: 5.16 (+0.06)
Cliffs to Supply Iron Ore to ArcelorMittal for 10 Years
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 6:21AM CDT
Cliffs Natural Resources Inc. (CLF) has announced a 10-year iron ore pellet supply agreement with ArcelorMittal USA LLC, part of ArcelorMittal (MT).
SCCO: 25.97 (-0.20), ALE: 60.81 (-0.18), CLF: 5.16 (+0.06), MT: 5.29 (-0.12)
Cliffs Natural Resources Inc. and ArcelorMittal USA LLC Enter Into New Long-term Iron Ore Supply Agreement through 2026
PR Newswire - Tue May 31, 7:30AM CDT
CLEVELAND, May 31, 2016 /PRNewswire/-- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has entered into a new long-term commercial agreement with ArcelorMittal USA LLC to supply tailor-made iron ore pellets for the next ten years through 2026. The new agreement will replace two existing agreements expiring in Dec. 2016 and Jan. 2017 and fill the entirety of ArcelorMittal's pellet purchase requirements from the previous contracts. The new commercial agreement includes ArcelorMittal's total purchases of iron ore pellets from Cliffs up to 10 million long tons and preserves Cliffs' current position as ArcelorMittal USA's sole outside supplier of pellets. Accordingly, Cliffs will continue to be the sole pellet supplier of ArcelorMittal's Indiana Harbor West and Cleveland Works steelmaking facilities, while maintaining the current level of pellet supply to ArcelorMittal's Indiana Harbor East facility. The new contract also establishes a minimum tonnage of pellets of 7 million long tons, which is higher than the current minimum level from the two previous contracts combined.
CLF: 5.16 (+0.06), MT: 5.29 (-0.12)
Today's Industrial Metals and Minerals Industry Technical Overview
ACCESSWIRE - Fri May 27, 8:16AM CDT
LONDON, UK / ACCESSWIRE / May 27, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Vale, Teck Resources, Cliffs Natural Resources, and Rio Tinto.
TCK: 11.40 (-0.52), VALE: 4.41 (-0.22), CLF: 5.16 (+0.06), RIO: 27.94 (-0.81)
Cliffs Natural (CLF) Upgraded to Strong Buy: Here's Why
Zacks Equity Research - Zacks Investment Research - Thu May 26, 6:32AM CDT
Zacks Investment Research has upgraded Cliffs Natural Resources (CLF) to a Zacks Rank #1 (Strong Buy).
TRQ: 2.88 (-0.07), CINR: 28.37 (+0.07), BHP: 26.73 (-1.25), CLF: 5.16 (+0.06)
Cliffs (CLF) Inks Long-Term Agreements with Minnesota Power
Zacks Equity Research - Zacks Investment Research - Wed May 25, 2:47PM CDT
Cliffs Natural Resources Inc. (CLF) has entered into multiple agreements through its subsidiaries with Minnesota Power, a utility division of ALLETE Inc.
GFI: 4.38 (-0.09), CLF: 5.16 (+0.06), AGI: 7.87 (-0.02), PVG: 8.82 (-0.09)
New Strong Buy Stocks for May 25th
Swarup Gupta - Zacks Investment Research - Wed May 25, 9:10AM CDT
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday.
BCC: 22.55 (-0.37), DISCK: 25.26 (-1.03), BANC: 19.90 (-0.22), CLF: 5.16 (+0.06), BBL: 23.46 (-1.40)
Cliffs Issues Clarification Statement
PR Newswire - Tue May 24, 11:39AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) issues the following clarification to its joint news release with Minnesota Power, dated May 24, 2016: Cliffs confirms that it has received the full $31 million in cash pursuant to the terms of the previously disclosed agreements with Minnesota Power. Such agreements cover a number of asset utilizations by Minnesota Power and ensure low cost power to Cliffs' wholly-owned operations in Minnesota through 2031.
CLF: 5.16 (+0.06)
Cliffs Announces Agreements with Minnesota Power
PR Newswire - Tue May 24, 7:00AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) announced today that through its subsidiaries it has entered into multiple agreements with Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE). Cliffs will receive $31 million dollars in cash as part of a long-term purchased power arrangement for its Northshore operation with Minnesota Power through 2031. The agreements, pending potential regulatory approval of the sale of utility assets, include certain non-core operations; transmission assets at United Taconite; certain land options at United Taconite and Northshore Mining Company; and transportation rights along the Cliffs Erie rail assets. Separately, Cliffs has extended its regulated power arrangements with Minnesota Power for 10 years at its United Taconite and Babbitt facilities.
ALE: 60.81 (-0.18), CLF: 5.16 (+0.06)
Cliffs Natural Resources Inc. Garners Top Honors for Raw Materials & Mining Leadership Award at Platts Global Metals Awards
PR Newswire - Fri May 20, 7:20AM CDT
Cliffs Natural Resources Inc. (NYSE: CLF) announced today it took top honors at the fourth Annual Platts Global Metals Award for the Industry Leadership Award for Raw Materials & Mining. Cliffs Natural Resources and its leadership were recognized for its strategic vision and strong operating performance. The winners were announced last night during the Global Metals Awards ceremony in London, England.
CLF: 5.16 (+0.06)
Cliffs Natural Resources (CLF): Strong Industry, Solid Earnings Estimate Revisions
Zacks Equity Research - Zacks Investment Research - Mon May 16, 7:43AM CDT
Cliffs Natural Resources (CLF) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
CLF: 5.16 (+0.06)
Casablanca Capital Issues Statement Regarding Sale of Equity Position in Cliffs Natural Resources
BusinessWire - Fri May 06, 4:25PM CDT
Casablanca Capital LP today issued the following statement regarding the recent sale of its equity position in Cliffs Natural Resources Inc. (NYSE:CLF):
CLF: 5.16 (+0.06)
Surging Earnings Estimates Signal Good News for Cliffs Natural Resources (CLF)
Zacks Equity Research - Zacks Investment Research - Thu May 05, 7:44AM CDT
Cliffs Natural Resources has decent short term momentum and is seeing solid activity on the earnings estimate revision front for the coming quarter and year
CLF: 5.16 (+0.06)
Cliffs Natural Resources (CLF) Shares March Higher, Can It Continue?
Zacks Equity Research - Zacks Investment Research - Wed May 04, 8:01AM CDT
Cliffs Natural Resources Inc. (CLF) has been on the move lately as the stock has risen by 60.4% in the past four weeks, and it is currently trading well above its 20-Day SMA.
CLF: 5.16 (+0.06)
Why Textura, St. Jude Medical, and Cliffs Natural Resources Jumped Today
Dan Caplinger, The Motley Fool - Motley Fool - Thu Apr 28, 4:56PM CDT
Image source: Cliffs Natural Resources. The stock market declined sharply on Thursday, and two major factors appeared to create broad concerns for investors. First, the influence of central banks around the world made itself felt once again as a...
ABT: 38.40 (-0.47), TXTR: 25.99 (-0.01), STJ: 77.35 (-0.72), CLF: 5.16 (+0.06), ORCL: 38.74 (-0.31)
Cliffs Natural's (CLF) Q1 Loss Narrower than Expected
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 1:16PM CDT
Cliffs Natural Resources Inc.'s (CLF) net income (attributable to common shareholders), as reported, for first-quarter 2016 was 62 cents per share, as against net loss of $4.26 per share recorded in the year-ago quarter.
GFI: 4.38 (-0.09), CLF: 5.16 (+0.06), AGI: 7.87 (-0.02)